Explainer | India promises ’new era’ for multi-state cooperatives
All co-operative societies, with objects not confined to one state, and serving the interests of members in more than one state come under its purview. The National Agricultural Cooperative Marketing Federation, Indian Farmers Fertilisers Cooperative, AMUL, British Council are some prominent examples.
According to the Ministry of Cooperation data, 1,401 multi-state cooperative societies have been registered since 1986. Of them, 250 MSCS were registered in 2014 alone, which is the highest in a calendar year, so far, followed by 247 in 2012. As many as 125 multi-state cooperative societies have been registered since 2019.