AMIT SHAH ANNOUNCES AMENDMENT IN COOPERATIVE SOCIETY ACT
26 September 2021
Amit Shah announces amendment in Cooperative Society Act
Union Minister of Cooperatives, Amit Shah said that the Centre will bring amendments to the Multi State Cooperative Society Act and, along with it, a new policy for the cooperatives. The newly created ministry will work in tandem with the states and said “there won’t be any friction”. He said that the cooperatives decide political futures in states like Maharashtra, Kerala, Tamil Nadu, Madhya Pradesh and West Bengal and said many rich cooperatives are owned by parties like the NCP and the Congress. The government announced the Ministry for Cooperatives on 5 July, and Amit Shah was given the portfolio during the cabinet expansion.
He was speaking at the ‘Sehkarita Sammelan’ or the first National Cooperative Conference and addressed over 2100 representatives from various cooperatives, with around 6 crore online audiences. He said cooperatives can contribute to the development of the country and will play a crucial part in making India a $5 trillion economy.
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