What Is Cooperative

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97th AMENDEMNET OF INDIAN CONSTITUTION

IAS NEXT |COMPILED BY : SAURABH TRIPATHI & SUDHANSHU MISHRA



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What is coo!"ati#!$
A coo!"ati#e is a% a&to%o'o&s associatio% o( !"so%s )ho #o*&%ta"i*+ coo!"at! (o" th!i"
'&t&a* socia*, !co%o'ic, a%- c&*t&"a* .!%!(it/ Coo!"ati#!s i%c*&-! %o%0"o(it co''&%it+
o"1a%i2atio%s a%- .&si%!ss!s that a"! o)%!- a%- 'a%a1!- .+ th! !o*! )ho &s! its s!"#ic!s
3a co%s&'!" coo!"ati#!4 a%-5o" .+ th! !o*! )ho )o"6 th!"! 3a )o"6!" coo!"ati#!4 o" .+
th! !o*! )ho *i#! th!"! 3a ho&si%1 coo!"ati#!4
97 AMENDMENT OF INDIAN CONSTITUTION


In Part III o( th! co%stit&tio%, a(t!" )o"-s 7o" &%io%s7 th! )o"-s 7Coo!"ati#! Soci!ti!s7 )as
a--!-/

I% Part IV a %!) Article 43B )as i%s!"t!-, )hich sa+s: The state shall Endeavour to promote
voluntary formation, autonomous functioning, democratic control and professional
management of the co-operative societies".

A(t!" Part IXA o( th! co%stit&tio%, a Part IXB )as i%s!"t!-/

Salient features of the act are: -


It 'a6!s Ri1ht to (o"' coo!"ati#!s is a funa!ental ri"#t/

R!s!"#atio% o( o%! s!at (o" SC5ST a%- t)o s!ats (o" )o'!% o% th! .oa"- o( !#!"+ co0
o!"ati#! soci!t+/

Coo!"ati#!s c$ul %et u& a"enc' )hich )o&*- o#!"s!! !*!ctio%/

Unif$r!it' in t#e tenure o( Coo!"ati#! Boa"- o( Di"!cto"s/

Pr$(i%i$n% f$r inc$r&$rati$n) re"ulati$n a%- )i%-i%1 & o( co0o!"ati#! soci!ti!s .as!-
o% th! "i%ci*!s o( -!'oc"atic "oc!ss a%- s!ci(+i%1 th! 'a8i'&' %&'.!" o(
-i"!cto"s as t)!%t+0o%!/

97th AMENDEMNET OF INDIAN CONSTITUTION
IAS NEXT |COMPILED BY : SAURABH TRIPATHI & SUDHANSHU MISHRA

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Pr$(iin" f$r a fi*e ter! o( (i#! +!a"s ("o' th! -at! o( !*!ctio% i% "!s!ct o( th!
!*!ct!- '!'.!"s o( th! .oa"- a%- its o((ic! .!a"!"s:

P"o#i-i%1 (o" a !a*i!u! ti!e li!it $f %i* !$nt#% -&"i%1 )hich a .oa"- o( -i"!cto"s o(
co0o!"ati#! soci!t+ co&*- .! 6!t &%-!" s&s!%sio%:

P"o#i-i%1 (o" ine&enent &r$fe%%i$nal auit:

P"o#i-i%1 (o" ri"#t $f inf$r!ati$n t$ t#e !e!+er% o( th! co0o!"ati#! soci!ti!s:

E!&$,erin" t#e State -$(ern!ent% to o.tai% !"io-ic "!o"ts o( acti#iti!s a%-
acco&%ts o( coo!"ati#! soci!ti!s: )hich ha#! i%-i#i-&a*s as '!'.!"s ("o' s&ch
cat!1o"i!s:
P"o#i-i%1 (o" o((!%c!s "!*ati%1 to co0o!"ati#! soci!ti!s a%- &enaltie% i% "!s!ct o( s&ch
O((!%c!s/


NEW INSERTIONS
In Part III o( th! co%stit&tio%, a(t!" )o"-s 7o" &%io%s7 th! )o"-s 7Coo!"ati#! Soci!ti!s7 )as
a--!-/

I% Part IV a %!) Article 43B )as i%s!"t!-, )hich sa+s: The state shall Endeavour to promote
voluntary formation, autonomous functioning, democratic control and professional
management of the co-operative societies".

A(t!" Part IXA o( th! co%stit&tio%, a Part IXB )as i%s!"t!-/
INFO.MATION EXT.ACTED F.OM /

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