Inviting Suggestions for the proposed New Cooperative Policy

 Suggestions for the proposed New Cooperative Policy
Start Date :
May 27, 2022
Last Date :
Jun 15, 2022
23:45 PM IST (GMT +5.30 Hrs)
Submission Closed

Cooperatives are the mainstay of the rural economy ensuring sustainable livelihoods and income for people. There are 8.5 lakh cooperatives in India, out of which 1.77 lakh (about ...

Cooperatives are the mainstay of the rural economy ensuring sustainable livelihoods and income for people. There are 8.5 lakh cooperatives in India, out of which 1.77 lakh (about 20%) are credit cooperatives and the remaining 80% are non-credit cooperatives engaged in various activities. The cooperative movement has fostered a membership of more than 29 crores with a network stretching through the entire length and breadth of India. The cooperatives play a significant role in growth and development of various sectors by generating employment and income, for examples - Dairy (1,77,314 Co-operatives with turnover of Rs. 93,556 crores), Housing (28,945 Co-operatives with Loans Disbursed of Rs. 12,711 crores), Labour (46,818 Co-operatives with Membership of 27,30,000), Fertilizers (Co-operatives producing 20% of total Fertiliser in country), Fisheries (20,804 Co-operatives with membership of 32 lakhs), Sugar (188 Sugar Factories with Production of 35% of total Sugar produce), Agro- processing etc. Also Credit Cooperatives are key to ensuring financial inclusiveness in the country by disbursing credit to marginal sectors. These milestones have been achieved through a network of 21 national-level, 390 state-level, and 2705 district-level cooperative federations in the country.

The new Ministry of Cooperation has been set up by the Government of India by notification dated 06.07.2021 with the mandate of realization of vision “Sahakar se Samriddhi”, strengthening of cooperative movement in the country, deepening its reach up to the grassroots, creation of appropriate policy, legal and institutional framework to help cooperatives realize their potential, etc. As one of the major steps to fulfil the above mandate, the Ministry is in process of formulating a new cooperation policy, since the existing policy was formulated way back in 2002. The new policy would address the challenges faced by the sector in today’s world.

The new cooperation policy is being formulated in consultation with all the stakeholders. The Ministry has received many valuable inputs and suggestions from the State Governments, Central Ministries, Federations and Institutions. A national conference with State Governments and the Central Ministries was also held on 12-13 April, 2022 at Delhi. The Ministry is also in the process of holding a series of stake holder consultations for formulation of new cooperation policy.

As a part of this consultation, the Ministry is inviting your valuable inputs/ suggestion for formulating the national cooperation policy under various themes.

Kindly share your suggestions as per the following Categories :
i. Cooperative Governance
ii. Legal and Regulatory Framework
iii. Training Education and HR Policy
iv. Cooperatives to be Vibrant Economic Units
v. Setting New Cooperatives, Sustainable Development of Cooperative
vi. Diversification of Cooperatives/ Social Cooperatives

The last date to receive suggestions is 15 June,2022

Showing 482 Submission(s)
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ARUN KUMAR GUPTA 1 year 5 months ago

FDI in cooperatives have 2 aspects.
FDI is from genuine source who wish to be part of good cause intended to be done by cooperative.
FDI is from dubious source who want to use cooperative as front face for funding anti social, anti national, terrorism or for religious conversions.
These facts come to light when something wrong happens and investigation agencies dig out the source of money and spending.
The work which is done by investigation agencies later can be incorporated in some back-end software to keep track of money trail and can be made known to agencies before disastrous outcome.
Though, this is really difficult as the fraudsters would make the payment of small amounts instead of big sums to individuals to avoid detection.
Money may be routed through dubious contractors who in turn may make the payments to individuals etc.
In my opinion, views of investigation agencies like NIA, SFO, ED, CBI, Income Tax shall also be taken into this policy
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ARUN KUMAR GUPTA 1 year 5 months ago

Some people may form cooperatives to collect the money from the people and cheat the people.
Some people may form cooperatives for anti social and anti national activities.
Government shall keep an eye on funding and spending of the cooperative societies.
Chartered Accountants are not honest in checking and reporting the matter rightly. They are there just to make profit and loss accounts and close the matter.
So, all the sources of funding and spending whatever small shall be through on-line mode only.
Any link to foreign funding shall also be tracked. Any foreign investment shall be tracked for hawala dealing.
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ARUN KUMAR GUPTA 1 year 5 months ago

Government shall promote cooperatives to enhance bargaining power of small artisans, farmers and traders.
Concept of cooperative group housing societies is good. But this is somewhat fading down and people have to buy flats and houses from builders. These builders invariably cheat the buyers. There are chances of scam in very big group housing societies too. So, government can limit the number of members of group housing societies.

kunal kishore_11
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kunal kishore 1 year 5 months ago

Cooperative is a way to develop cooperative attitude for development of rural areas.
1 Farmer should be registered under cooperative to given registration number for each farmer for benefit.
2 Any agriculture activity should be implemented through cooperative.
3 It is a way to develop cottage industry in rural area.
4 A cooperative officer should be appointed for make balance between government and farmer.
5 It is a way to develop rural market through cooperative.

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DharmarajS 1 year 5 months ago

I am Dr.S.Dharmaraj, Faculty Member of Institute of Cooperative Management-Madurai(Under NCCT) and I hereby present my views on NCP.

kunal kishore_11
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kunal kishore 1 year 5 months ago

Cooperative means to connect people to help him financially and morally both.
1 Panchayat cooperative system should be develop for help farmer and other people related to agriculture.
3 Every village should make committee of atleast ten people to develop their village.
3 cooperative should be funded agriculture based industries for their development.
4 cooperative is a way to fulfill seeds and fertilizer needs of farmer in particular time.
5 cooperative help us to develop agriculture sector for development of village .