Union Cooperation Minister Amit Shah said Monday that the new National Cooperative Policy will be unveiled soon and it will be effective from 2025 to 2045 and asked states to announce their respective cooperative policies before the end of January 2026.
Chairing a meeting of Ministers of Cooperation of all States and Union Territories, Shah said that every state should have at least one cooperative training institution affiliated with the Tribhuvan Sahkari University, established earlier this year.
Shah said that the National Cooperative Policy will be effective from 2025 to 2045, i.e., approximately until the centenary of India’s independence.
“He said that under the National Cooperative Policy, each state’s cooperative policy will be formulated according to the cooperative conditions of that state and specific goals will be set. He said only then will we be able to become an ideal cooperative state by the centenary of independence,” according to a statement released by the Cooperation Ministry.
“ He said establishing 2 lakh Primary Agricultural Credit Societies (PACS), the target for the financial year 2025-26, should be completed by February next year,” the statement said.
“The purpose of the meeting was to review ongoing schemes to strengthen the cooperative movement in India, assess achievements, and provide a dynamic platform to promote collaboration,” it said.
