National Cooperation Policy – 2025 Why It Is a Game-Changer
Union Home Minister and Minister of Cooperation Shri Amit Shah unveiled the National Cooperation Policy – 2025 in New Delhi. This landmark policy seeks to redefine and revitalize India’s cooperative movement with the goal of achieving ‘Sahkar Se Samriddhi’ (Prosperity through Cooperation). Rooted in the spirit of inclusivity and grassroots empowerment, the policy is both visionary and pragmatic, aiming to make the cooperative sector a vital engine of national economic and social development by 2047.
India’s first National Cooperative Policy was introduced in 2002 under the leadership of Atal Bihari Vajpayee. The Ministry of Cooperation, formed in 2021 under Prime Minister Narendra Modi, sought to elevate the cooperative sector from its neglected status. Recognizing its vast potential to democratize the economy, the government appointed a 40-member drafting committee led by Shri Suresh Prabhu, which consulted widely with stakeholders and submitted the new policy after considering 750+ suggestions and engaging with institutions like RBI and NABARD.
1. Grassroots Empowerment
2. Youth-Centric and Tech-Enabled Cooperatives
3. Sectoral Diversification
4. Robust Monitoring and Legal Framework
5. Institutional Support and Export Potential
In a major boost to Digital India, the Ministry of Electronics and Information Technology (MEITY)…
In an age where technology and finance intersect at lightning speed, Luana Lopes Lara, a…
In a significant development for higher education in India, Victoria University (VU) from Australia is…
Many lakes around the world are known by special names because of their stories, beauty,…
Under Section 45ZL of the Reserve Bank of India Act, 1934, every quarter, India’s Monetary…
India hosts nearly 8% of the world’s biodiversity, making conservation crucial for ecological balance and…