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Context: Recently, Union Home and Cooperation Minister announced that the Centre has decided to amend the Multi State Cooperative Societies (MSCS) Act, 2002.
Cooperatives are a state subject.
Multistate Cooperative Societies
It means a society registered or deemed to be registered under the MSCS Act, 2002 and includes a national co-operative society and a federal co-operative.
The Act provides for the formation of both the types of cooperative societies viz;
It is not necessary that a society should have branches in more than one state.
Multistate Societies in India
Need for Amendment
Lack of Transparency
Lack of State Control
Limited Powers of Central Registrar
By: Shubham Tiwari ProfileResourcesReport error
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