National Cooperation Policy (NCP)-The Hindu-08-09-2022

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CONTEXT :
Centre has announced constitution of a national level committee for drafting NCP. Existing National Policy on Cooperatives was formulated in 2002.

KNOW ABOUT NCP :

NCP document is being formulated to fulfil Ministry of Cooperation mandate, which inter alia, includes strengthening cooperative movement in the country and deepening its reach up to the grassroots; promoting cooperative-based economic development model etc. India has around 8.5 lakh co-operative societies with a member base of around 29 crore. These are engaged in varied activities like agro-processing, dairying, fisheries, housing etc.