Discuss the development of Co-operatives under 10th Five Year Plan.
The development of cooperatives under the 10th Five Year Plan (2002–2007) marked a significant phase in India's cooperative movement, emphasizing revitalization, policy reform, and capacity-building to make cooperatives more democratic, autonomous, member-driven, and competitive. The cooperative sector, rooted in the principles of self-help, mutual aid, and collective welfare, has historically been integral to India's socio-economic fabric. However, by the beginning of the 21st century, cooperatives were grappling with multiple challenges, including bureaucratic control, political interference, weak governance, poor financial management, and erosion of cooperative values. Against this backdrop, the 10th Plan laid out a comprehensive strategy for their regeneration, aligning cooperative development with the broader goals of economic liberalization, poverty alleviation, and inclusive growth.
The genesis of the 10th Plan's cooperative development strategy was shaped by a recognition that cooperatives could play a crucial role in achieving faster economic growth with social justice. Cooperatives were seen as vehicles to empower marginalized communities, particularly in rural areas, by improving access to credit, agricultural inputs, marketing, housing, and employment opportunities. Therefore, the policy under the 10th Plan sought to reposition cooperatives as professional, competitive institutions governed by democratic norms and guided by the core cooperative values of self-responsibility, democracy, equality, equity, and solidarity.
A critical aspect of the 10th Plan was its emphasis on policy reforms to strengthen the autonomy and democratic functioning of cooperatives. The Plan encouraged State Governments to amend their Cooperative Acts in line with the Model Cooperative Societies Act, 1995, which aimed to de-bureaucratize cooperatives and make them truly member-driven organizations. Key principles promoted through legislative reforms _________ _______ ________ _______ _________ _________ _____ _____ ______ _______ _______ ___.
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