National Cooperative Policy for 2025-2045 soon, says Amit Shah

Union Cooperation Minister Amit Shah announced on Monday that the much-anticipated National Cooperative Policy for 2025-2045 will be unveiled shortly. This strategic framework aims to strengthen the cooperative movement across India, fostering economic growth and community development. Shah highlighted the government's commitment to enhancing the role of cooperatives in various sectors, ensuring a more inclusive and sustainable economic model. The upcoming policy is expected to address key challenges faced by cooperatives, such as access to credit, technology adoption, and market expansion. By focusing on these areas, the policy aims to empower cooperatives to play a pivotal role in rural development and job creation. Shah emphasized the importance of modernizing cooperative structures to keep pace with global trends and leverage India's vast demographic potential. Stakeholders from various cooperative sectors have welcomed the announcement, expressing optimism about the policy's potential to transform the cooperative landscape. The government plans to engage with industry experts, cooperative leaders, and other relevant parties to ensure the policy is comprehensive and impactful. As the nation awaits its official release, the new policy promises to be a cornerstone for cooperative growth over the next two decades.

— Authored by Next24 Live