ජාතික සමුපකාර සංවර්ධන ආයතනයේ නිල වෙබ් අඩවියට ඔබව සාදරයෙන් පිළිගනිමු..
This study examines the key initiatives undertaken by the Ministry of Cooperation in India to revitalize the cooperative movement. Cooperatives have historically played a crucial role in Indias socio-economic development, particularly in empowering farmers and marginalized communities. However, challenges such as financial constraints, inadequate infrastructure and lack of professional management hinder their growth and effectiveness. The establishment of the Ministry of Cooperation in 2021 aimed to address these challenges through a focused approach to cooperative development. To analyze the key initiatives undertaken by the Ministry of Cooperation to strengthen the cooperative movement in India, Assess the potential impact of these initiatives on the economic and social well-being of cooperative members, Identify the major challenges facing the cooperative sector and explore potential solutions were the Objectives of the research. This study employed a qualitative research approach, drawing upon secondary data sources such as government reports, policy documents, academic literature, and news articles. The analysis focused on key initiatives undertaken by the Ministry of Cooperation, including legislative reforms, financial inclusion, infrastructure development, capacity building, and technology adoption. The potential economic and social impacts of these initiatives were assessed, and major challenges facing the cooperative sector were identified. The analysis reveals that the Ministry of Cooperation has taken significant steps towards revitalizing the cooperative movement. Initiatives such as legislative reforms, financial inclusion programs, and infrastructure development have the potential to significantly improve the economic well being of cooperative members and contribute to rural development. However, challenges such as financial sustainability, lack of professional management, and competition from the private sector persist. To further strengthen the cooperative movement, it is crucial to foster public private partnerships, encourage innovation and entrepreneurship, and invest in cooperative education and research. By addressing these challenges and implementing the recommended policies, India can unlock the full potential of cooperatives and create a more equitable and prosperous society.
Cooperative Movement, India, Legislative Reforms, Financial Inclusion, Infrastructure Development, Capacity Building, Technology Adoption.
Shashidharan, M. (2024). A Study on the Revitalization of Indias Cooperative Movement through the Initiatives of the Ministry of Cooperation. Sri Lanka Journal of Co-operative studies, 3(1), 105-128.