Physics Wallah is an Indian edtech platform that provides accessible & comprehensive learning experiences to students from Class 6th to postgraduate level. We also provide extensive NCERT solutions, sample paper, NEET, JEE Mains, BITSAT previous year papers & more such resources to students. Physics Wallah also caters to over 3.5 million registered students and over 78 lakh+ Youtube subscribers with 4.8 rating on its app.
We Stand Out because
We provide students with intensive courses with India’s qualified & experienced faculties & mentors. PW strives to make the learning experience comprehensive and accessible for students of all sections of society. We believe in empowering every single student who couldn't dream of a good career in engineering and medical field earlier.
Our Key Focus Areas
Physics Wallah's main focus is to make the learning experience as economical as possible for all students. With our affordable courses like Lakshya, Udaan and Arjuna and many others, we have been able to provide a platform for lakhs of aspirants. From providing Chemistry, Maths, Physics formula to giving e-books of eminent authors like RD Sharma, RS Aggarwal and Lakhmir Singh, PW focuses on every single student's need for preparation.
What Makes Us Different
Physics Wallah strives to develop a comprehensive pedagogical structure for students, where they get a state-of-the-art learning experience with study material and resources. Apart from catering students preparing for JEE Mains and NEET, PW also provides study material for each state board like Uttar Pradesh, Bihar, and others
It is a new framework to reform and modernise the cooperative sector in India, with a focus on transparency, digitalisation, and inclusive growth.
When will the National Cooperative Policy 2025 be launched?
National Cooperative Policy 2025 will be launched on July 24, 2025, in Delhi.
What is the objective of the National Cooperative Policy 2025?
Its main objective is to improve governance, promote digital tools, empower members financially, and build market linkages for cooperatives.
Why is the cooperative movement important for India?
It supports rural livelihoods, strengthens democratic participation, and provides credit, marketing, and employment to millions.
How many types of cooperative societies are there in India?
There are several types, including credit, consumer, producer, marketing, dairy, housing, and fisheries cooperatives.
National Cooperative Policy 2025, Launch Date, Objective
National Cooperative Policy 2025, launching on July 24, 2025, aims to modernize India’s cooperative sector through digitalization, better governance, and inclusive growth. With a 20-year roadmap (2025–2045), National Cooperative Policy 2025 plans to empower rural India and support Viksit Bharat 2047.
Deeksha Dixit28 Jul, 2025
Share
National Cooperative Policy 2025 is a new framework to transform, modernize, and professionally manage the cooperative sector over the next two decades (2025-2045). It replaces the National Cooperative Policy 2002 to address current challenges and opportunities brought about by globalization and modern technology. Read on to learn more about the National Cooperative Policy 2025 for the upcoming exam.
National Cooperative Policy 2025
The National Cooperative Policy 2025 is a 20-year roadmap for reforming India's cooperative sector. It aims to make cooperatives more competitive, inclusive, and digitally enabled. The policy focuses on creating a legal and operational environment where cooperatives can thrive as economic enterprises and democratic institutions.
National Cooperative Policy 2025 seeks to establish at least 2 lakh new multi-purpose Primary Agricultural Credit Societies (PACS), dairy, and fisheries cooperatives across every village and panchayat by 2026. Here is an overview of the policy:
National Cooperative Policy 2025 Overview
Duration
2025 to 2045 (20-year roadmap)
Aim
Revive, modernize, and professionalize the cooperative sector to contribute to "Viksit Bharat 2047."
Vision Slogan
"Sahakar se Samriddhi" (Prosperity through Cooperation)
Launch Date
July 24, 2025
Policy Development
Drafted by a 48-member national committee chaired by former Union Minister Shri Suresh Prabhu
Main Goals
Establish 2 lakh new multipurpose Primary Agricultural Credit Societies (PACS), dairy, fisheries cooperatives by 2026
Ensure at least one cooperative in every village
Digitize and professionalize cooperatives
Strengthen governance, transparency, and management
Target Beneficiaries
Farmers, rural communities, small entrepreneurs, women, youth, cooperative sector as a whole
Comparison with Old Policy (2002)
The new policy is more action-oriented with clear targets and timelines, focusing on modern challenges and grassroots plans.
National Cooperative Policy 2025 Launch Date
The National Cooperative Policy 2025 launch date is 24th July 2025. It will be announced at an event organized at Atal Akshay Urja Bhawan, New Delhi, by the Union Home Minister and Minister of Co-operation, Shri Amit Shah. The policy was drafted by a 48-member national committee headed by former Union Minister Suresh Prabhu, who incorporated extensive stakeholder consultations (648 suggestions) through meetings and regional workshops.
National Cooperative Policy 2025 Key Features
The National Cooperative Policy 2025 was launched on July 24, 2025, by Union Home and Cooperation Minister Amit Shah in New Delhi. This new policy replaces the old 2002 framework to modernize and strengthen India's cooperative sector. It aims to boost rural development, create jobs, and promote inclusive growth through cooperatives in farming, dairy, fisheries, and banking. The policy focuses on digital adoption, transparency, and professional management to make cooperatives more effective and future ready. Key features of the policy include:
Establishing at least one cooperative society in every village
Creating 2 lakh new Primary Agricultural Credit Societies (PACS) by 2026
Promoting digital tools and management practices in cooperatives
Supporting women, youth, tribals, and marginalized groups
Strengthening governance and financial transparency
Encouraging states to develop local cooperative policies by 2026
National Cooperative Policy 2025 Objective
Here are the key objectives of the National Cooperative Policy 2025:
Enhancing governance within cooperative institutions and promoting digital systems to improve transparency and operational efficiency.
Increasing rural earnings and improving market connectivity for farmers and village-based communities.
Empowering small-scale business owners, women, and young people by improving access to credit and sustainable livelihoods.
Integrating the cooperative sector’s expansion with the national vision of building a "Viksit Bharat 2047."
Cooperative Movement in India
The cooperative movement in India started in the early 20th century as a response to rural debt and farmer exploitation by moneylenders. The Cooperative Credit Societies Act, 1904, was the first legal step. Here is an overview of the evolution of cooperative movement in India:
Period / Era
Key Developments
Pre 1900s
Informal cooperation existed through community practices like chit funds and mutual loan associations
1904
Cooperative Credit Societies Act 1904 enacted after the Indian Famine Commission recommendations, forming the first credit societies.
1912
Cooperative Societies Act 1912 expanded to non-credit cooperatives. Provincial laws post Montague-Chelmsford reforms (1919)
1920s - 1940s
Formation of National Cooperative Union of India (1929). Cooperative planning committees; strengthening education and training
Post-Independence
Cooperatives integrated into Five-Year Plans. Multi-State Cooperative Societies Act (1942, revised 1984). NCDC was established in 1963.
1950s-1970s
1st-4th Five-Year Plans emphasized cooperative expansion and integration with Panchayati Raj. Establishment of dairy boards.
2002
National Cooperative Policy 2002 to strengthen and modernize cooperatives
2025
National Cooperative Policy 2025 to professionalize, digitize cooperatives; focus on 2 lakh new PACS and rural inclusion.
Types of Cooperative Societies in India
Here are the major types of cooperative societies in India that will benefit from the new National Cooperative Policy 2025:
Type of Cooperative
Function
Example
Credit Cooperatives
Provide short-term and long-term loans to members.
Primary Agricultural Credit Societies (PACS)
Consumer Cooperatives
Distribute essential goods to members at fair prices.
Apna Bazar, Super Bazaar
Producer Cooperatives
Help producers sell their goods collectively and get fair prices.
Silk Weavers Cooperatives
Marketing Cooperatives
Assist farmers in selling their produce in the market.
NAFED
Housing Cooperatives
Provide affordable housing to members.
Urban Cooperative Housing Societies
Dairy Cooperatives
Manage milk collection, processing, and distribution.
AMUL
Fisheries Cooperatives
Assist fishermen in credit, equipment, and marketing.
Matsyafed
Each of these cooperative societies contributes to inclusive development by providing social and economic benefits to its members.
To sum up, National Cooperative Policy 2025 is a transformative initiative that aims to make India’s cooperative sector modern, transparent, and people-centric. It is an important topic for UPSC as it touches upon governance, rural development, and inclusive growth.
Look no further, explore Physics Wallah’s UPSC coursesto prepare thoroughly on such key topics and stay ahead in your preparation!
Talk to a counsellorHave doubts? Our support team will be happy to assist you!
