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Inviting 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)
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 ...
Sir,
It would be better to make Green fertilizer out of IZZAT GHAR manure to boost to double farmer's income..Only things to circulate untouched untamed resources...!! also provide packaging of such green fertilizer through MSME pass on to govt building/department at reasonable rate to boost govt building garden..!!! So by waste Poor can create money..Free ration is having great potential to nurture our Nature if well utilized human digestive machine...!!!
Mandatory cooperative entity for each and every village can make our movement strong
OBJECTIVE: Farmers complain of banks knocking on their doors.
Motive of this objective is that the farmers have complaint of banks on their doors for not returning there loans and bank officers post there posters or banners with #defaulter.
Banks that have advanced farm loans and primary agriculture cooperative societies in the villages are issuing notices to farmers asking them to repay loans before May 29. Or else, they will be charged an annual interest at the rate of 12.5%. Farm loans are issued at zero per cent interest rate and stop putting there poster on walls of villages to prove that he is defaulter or not. Because of the many farmers have committed suicide. How many people have run away with loan from bank, and bank officer haven't put there posters.
As I'm a student i think this is the issue they are facing.
Idle cooperatives should be restructured and scarcity of manpower to be removed. Employees of the cooperative society are to be trained for better behaviour and no corruption should be the main motto. Fresh appointment in new cooperative society to be done through a proper process and qualified persons should be appointed without any political interference. These co-operative societies should be an example of good governance. All the crops against which loans are distributed by the co-operative societies should be insured against any natural disaster like flood, snowfall,draught etc. for safeguard of the debtor.
New cooperatives to be formed in village panchayats where there is no cooperative. There should be fair governance in those cooperatives and members should be given loans at minimum interest rate at the time of scarcity. This will help farmers of LIG in farming. Self Help Groups to be encouraged for start their small-scale industries with the help of cooperatives which will play an important role in growth and development of the country.
Vision “Sahakar se Samriddhi” of the new Ministry of Cooperation is an advanced road map of our government for strengthening of cooperative movement in the country through deepening its reach up to the grassroots, creation of appropriate policy, legal and institutional framework to help cooperatives realize their potential etc. The ministry is in process of changing existing policy formulated in 2002 and formulating a new cooperation policy keeping in mind the challenges faced by the sectors in today’s world.
Out of 8.5 lakh cooperatives in India, 1.77 lakh (about 20%) are credit cooperatives which are key to ensuring financial inclusiveness in the country by disbursing credit to marginal sectors through a network of 21 national-level, 390 state-level, and 2705 district-level cooperative federations in the country and the remaining 80% are non-credit cooperatives engaged in various activities such as Dairy, Housing, Labour, Fertilizers, Fisheries, Sugar, Agro- processing etc.
Co-operatives, the backbone of the rural economy, ensure sustainable livelihoods as well as income for people and play a significant role in growth and development of various sectors by generating employment and income. The cooperative movement has fostered a membership of more than 29 crores with a network stretching throughout India.
There were also suggestions for electronic voting to be implemented in cooperative societies, and for storage facilities available with PACS to be leased out to private e-commerce operators like Amazon.
The two-day conference, inaugurated by Union Minister of Home and Cooperation Amit Shah, was the first such consultation on the new cooperative policy, which the Centre wants to bring out during the current financial year.
Sources said the Northeast states have demanded a separate conference, which will be organised very soon. The Ministry will also organise similar consultations with cooperative federations, sources said.
Addressing the conference on April 12, Shah had said: “In 8-9 months, we will present a complete, updated cooperative policy before the country, which will fulfil the requirements of all cooperative societies from PACS to apex and will create an environment that would help in expansion of the cooperative sector.”
Last year, Shah had announced that the Government will bring a new cooperative policy to replace the existing policy, which was brought by the then A B Vajpayee government in 2002.