Archive · 24 Jul 2025
India Unveils New Cooperative Policy for Economic Growth
The Indian government is launching a new plan to help cooperative groups.
These groups are like businesses owned by their members, and the goal is to make them strong, open, and good with money.
The plan wants one cooperative in every village and hopes to include lots more people.
This helps India become a developed nation.
The plan was made with input from experts and the goal is that India is a developed nation by 2047.
Amit Shah announced a new national policy to boost the cooperatives sector.
The policy aims for professional, transparent, and financially independent cooperative organizations.
The goal is to have at least one cooperative organization in every village.
The policy aims to bring at least 50 crore people under the ambit of cooperatives.
The new policy was prepared by a 48-member committee and aims to help India become a developed nation by 2047.
- Who
- Union Minister Amit Shah and the Modi government.
- What
- A new national policy to strengthen the cooperative sector.
- When
- Announced on Thursday, July 24.
- Where
- India.
- Why
- To boost the cooperative sector and contribute to India's goal of becoming a developed nation by 2047.
Stakeholders
Government
Suggestions
Stakeholders
Stakeholders provided approximately 750 suggestions for the policy.
Government
Not applicable.
- Policy Name
- National Cooperation Policy – 2025
- Announced by
- Amit Shah
- Focus
- Cooperatives
- Goal
- At least one cooperative in every village
- Target
- 50 crore people in cooperatives
- Developed Nation Target Year
- 2047
- Committee Head
- Suresh Prabhakar Prabhu