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This is an archive article published on February 25, 2022

Drafting of new cooperative policy in the process: Centre

The one-day webinar on the budget proposals for 2022-23 was inaugurated by Prime Minister Narendra Modi.

Amit Shah is Minister of Cooperation (File photo) Amit Shah is Minister of Cooperation (File photo)

The government is in the process of drafting a new cooperative policy, the Union Ministry of Cooperation said on Thursday.

In a statement issued after a webinar on budget proposals, the ministry said, “Under the guidance of Union home and cooperation minister Amit Shah, we are in the process of bringing a new cooperative policy and many new schemes which will incorporate various suggestions given by stakeholders.”

The one-day webinar on the budget proposals for 2022-23 was inaugurated by Prime Minister Narendra Modi. During the webinar, issues like digitisation of primary agricultural credit co-operative societies, scheme for creation of national database of co-operative societies, cooperative education and training scheme, co-operative credit guarantee fund, cooperative to prosperity scheme and national co-operation policy were discussed.

“Many important suggestions were given by various organisations and state governments, such as formulation of user-oriented database sharing and accessibility policy, establishment of VAMNICOM, Pune, as an autonomous institution of national importance for facilitating credit flow at the grassroots level,” the statement read.

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