CO-OPERATIVE SOCIETIES: UPSC Daily Important Topic | 17 February 2022
CO-OPERATIVE SOCIETIES
◇ The 97th Constitutional Amendment Act of 2011 gave constitutional status and protection to co-operative societies. In this context, it made the following three changes in the Constitution:
◇ It made the right to form cooperative societies a fundamental right (Article 19).
◇ It included a new Directive Principle of State Policy on promotion of co-operative societies (Article 43-B).
◇ It added a new Part IX-B in the Constitution which is entitled as “The Co-operative Societies” (Articles 243-ZH to 243-ZT).
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