With reference to co operative societies consider the following statements 1 Under the Government of...........

Indian Polity Judgments and Directives

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With reference to co-operative societies, consider the following statements.

1) Under the Government of India Act, 1935, cooperatives were treated as a provincial subject.

2) "Cooperative Societies" is a State Subject under the Constitution of India.

3) Forming a Cooperative Society is a fundamental right in India.

Select the Solution using the codes below.

1 only

2 and 3 only

3 only

1, 2 and 3

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Explanation:

Statement 1: Towards the end of the 19th century, the problems of rural indebtedness and the consequent conditions of farmers created an environment for the chit funds and cooperative societies. Under the Montague-Chelmsford Reforms of 1919, cooperation became a provincial subject and the provinces were authorised to make their own cooperative laws. In 1958 the National Development Council (NDC) had recommended a national policy on cooperatives.

Statement 3: The Constitution (97th Amendment) Act 2011 relating to the co-operatives is aimed to encourage economic activities of cooperatives which in turn help progress of rural India. It is expected to not only ensure autonomous and democratic functioning of cooperatives, but also the accountability of the management to the members and other stakeholders. Under article 19 the right to form Co-operative society is a fundamental right.