National Cooperative Policy

A 48-member National Level Committee was constituted under the chairmanship of Shri Suresh Prabhakar Prabhu, consisting of experts of the cooperative sector, representatives from National/State/District/Primary level cooperative societies, Secretaries (Cooperation), and RCSs from States/UTs, officers from Central Ministries /Departments to formulate the New National Cooperation Policy. In this regard, the National Level Committee held 17 meetings, and 4 regional workshops nationwide to elicit suggestions/recommendations. A draft report on the New National Cooperation Policy, prepared by the National Level Committee has been received. The draft policy has been prepared and is under finalization.

State-level cooperative societies registered under cooperative societies acts of respective states fall under the purview of the State Government. The Ministry of Cooperation has been working with State Governments to develop the cooperative sector in the country with the spirit of cooperative federalism. The Ministry of Cooperation has taken up an initiative to cover every district in the country with a viable District Central Cooperative Bank (DCCB) and a viable district milk producers’ union. In this regard, the Ministry has requested NABARD to prepare a scheme/action plan for the opening of new DCCBs in uncovered districts for complete coverage of cooperative banks.

The government on 15.02.2023, approved the Plan for strengthening the cooperative movement in the country and deepening its reach up to the grassroots. The Plan envisages the establishment of new multipurpose PACS or primary dairy/ fishery cooperative societies covering all the uncovered Panchayat/ villages of the country in the next five years, through the convergence of various GOI schemes, including Dairy Infrastructure Development Fund (DIDF), National Programme for Dairy Development (NPDD), PM Matsya Sampada Yojana (PMMSY), Fisheries & Aquaculture Infrastructure Fund (FIDF).