The National Cooperative Policy, if executed effectively, can transform cooperatives from safety nets into engines for competitive, community-owned enterprises

By Amiya Antony, Anshika Chauhan, Amit Kumar

The United Nations General Assembly declared 2025 as the International Year of Cooperatives with the theme ‘Cooperatives Build a Better World’, highlighting their role in inclusive and sustainable development. In line with this, the Ministry of Cooperatives, Government of India, is also celebrating the year by highlighting the importance of cooperatives in achieving sustainable goals.

As of July 2025, India has 8.44 lakh cooperatives, 2 lakh credit cooperatives , and 6 lakh non-credit cooperatives, with over 30 crore members nationwide. The last cooperative policy was formulated in

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