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August 1, 2023 5:14 PM

Rajya Sabha passes The Multi-State Co-operative Societies (Amendment) Bill, 2023

The Rajya Sabha passed The Multi-State Co-operative Societies (Amendment) Bill, 2023 on Tuesday. The Bill amends the Multi-State Co-operative Societies Act, 2002. It establishes the Co-operative Election Authority to conduct and supervise elections to the boards of multi-state co-operative societies. The Bill allows state co-operative societies to merge into an existing multi-state co-operative society. The Bill establishes the Co-operative Rehabilitation, Reconstruction and Development Fund for...