Rapid Fire
Tribhuvan Sahkari University Bill 2025
- 01 Apr 2025
- 2 min read
The Lok Sabha passed the Tribhuvan Sahkari University Bill, 2025, which will establish India’s first national cooperative university to advance education and training in the cooperative sector.
- Named after Amul founder Tribhuvan Kashibhai Patel, the university will be established in Gujarat with nationwide jurisdiction for cooperative training institutes, offering degree, diploma, and PhD courses to certify 8 lakh people annually.
- The university will be registered under the Societies Registration Act, 1860.
- The need for a cooperative university is driven by the limited reach of training programs from institutions like National Cooperative Development Corporation (NCDC) and the National Cooperative Union of India (NCUI), despite the sector's vast size.
- Cooperative Sector: It consists of member-owned organizations that aim to meet shared needs through mutual assistance and equitable resource distribution, fostering rural development and financial inclusion.
- The Constitution (97th Amendment) Act, 2011, made the right to form cooperative societies a Fundamental Right by inserting the term "cooperative societies" into Article 19(1)(c) of the Constitution.
- The cooperative sector in India is regulated by the Cooperative Societies Act, 1912, Multi-State Cooperative Societies Act, 2002.
- The MSCS (Amendment) Act, 2023 enhances governance and transparency in multi-state cooperatives.
| Read more: Cooperative Movement in India |
