DRAFT NATIONAL POLICY
Consequent
on the adoption of liberalization policy, Government of
India suggested to adopt model Co-operative Societies Act
for providing full autonomy to Co-operatives. The policy
dictates for the enactment of legislation to enable a new
generation of mutually aided self reliant Co-operatives.
Total decontrol is intended. The main object is to limit
the power of Registrar of Co-operative Societies to the
extent of Registration of Co-operative Societies and to
give full freedom to Co-operatives in all aspects. Independent
audit is also envisaged.
The Co-operatives in the state have attained the present
Status as a result of active financial support and guarantee
provided by State Government. The general public have faith
and confidence in Co-operatives because they are assured
that the societies function under the supervision and control
of government and that their investments in societies are
safe guarded. The present system of inspection, enquiry
and audit is to be continued in order to prevent corruption
and to maintain accountability in the sector.
But it is high time to reconsider the present policy in
providing financial support to co-operatives. Providing
subsidies may be limited to project oriented programmes.
Providing of further assistance to viable co-operatives
may have to discontinued. More emphasis may be given for
strengthening weaker section Co-operatives, marketing and
processing, production employment oriented programmes.
