01-August-2021
Economy News
 
Change of Law: Plans to bring co-ops under Concurrent List
22-Jul-2021

The Union government will likely propose a Constitutional amendment soon in order to bring cooperative societies under the Concurrent List, not being dissuaded by Tuesday’s Supreme Court ruling that state-level societies are within the exclusive remit of the state legislatures while Parliament can make laws pertaining to multi-state cooperatives. The move is seen as a prerequisite for the newly formed ministry of cooperatives to meet its ambitious objectives.

News Source:- https://www.financialexpress.com/economy/change-of-law-plans-to-bring-co-ops-under-concurrent-list/2295153/