Union Home Ministry launched the National Cooperative Policy 2025.
The new policy replaces the previous cooperative policy formulated 23 years ago during the National Democratic Alliance (NDA) government under Atal Bihari Vajpayee.
The policy aims to guide India’s cooperative sector from 2025 to 2045, with the vision of ‘Sahkar Se Samriddhi’ (Prosperity through Cooperation).
The policy is structured around the six pillars: strengthening the foundation, promoting vibrancy, preparing cooperatives for the future, enhancing inclusivity, expanding into new sectors, and engaging the youth in cooperative development.
The Ministry of Cooperation was formed on July 7, 2021, and was separated from the Ministry of Agriculture after operating under it since 1979.
The ministry, known as Sahkarita Mantralaya, operates under the slogan ‘Sahkar Se Samriddhi’ and has undertaken major reforms since its inception.