Amit Shah unveils National Cooperative Policy with focus on taxi, insurance, tourism & RE sectors
Amit Shah
on Thursday unveiled the
National Cooperative Policy
(NCP), outlining six pillars to achieve the set goals for the
cooperative sector
. These are: strengthening the foundation, promoting vibrancy, preparing
cooperative societies
for the future, enhancing inclusivity and expanding reach, expanding into new sectors, and preparing the younger generation for
cooperative development
.
Addressing the ceremony of the National Cooperation Policy - 2025, Shah said the Ministry of Cooperation has prepared a detailed plan for sectors like tourism,
taxi services
, insurance, and green energy. "A remarkable start will be made in the taxi and insurance sectors in a very short time. The participation of cooperative units in these emerging sectors means that successful cooperatives will come together to form new cooperative entities, which will begin operations in these areas," Shah said.
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"The profits generated through these units will ultimately reach the members of Primary Agricultural Credit Societies (PACS) at the rural level," he added. Shah emphasised that the goal is to build a large and robust cooperative ecosystem and to firmly establish the belief that cooperation can be a vital instrument for the country's development for future generations.
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The Home Minister noted that the
Modi government
is fully prepared to support cooperative institutions in every sector, 24 hours a day. However, he emphasised that the units must strengthen themselves from within. To this end, 83 intervention points have been identified. Out of these, work has been completed on 58 points, and 3 points have been fully implemented, the minister said.
"There are 2 points that require continuous and ongoing implementation. The remaining points will now be taken up." He added that when all states implement this policy diligently, it will lead to the creation of an inclusive, self-reliant, and future-ready model, giving a new shape to the country's cooperative system.
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"A target has been set to triple the contribution of the cooperative sector to the country's GDP by 2034. This is a significant goal, but comprehensive preparations have been made to achieve it. A major objective is to bring 50 crore citizens, who are either not members or inactive in the cooperative sector, into active participation. Additionally, there is a target to increase the number of cooperative societies by 30%," the minister said.
At present, there are 8.3 lakh societies, and this number will be increased by 30%, according to Shah.
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