Section 2

Since 1942, far -reaching changes have occurred in the organisational structure, overall size and operations, etc., of multi-unit co-operative societies. A number of national level co-operative societies and federations, promoted by co-operatives in the country have come up with the assistance of the Central and State Governments. These federations and societies are engaged in diverse spheres of co-operative activity. The provisions in the co-operative laws in different States governing these multi-State societies tend to vary from one another. Thus the lack of uniformity and the inadequacies in the existing arrangements have rendered it necessary to replace the existing legislative framework of such co-operatives by a common comprehensive Central legislation and providing for a Central Authority to be responsible for their promotion, registration and supervision. The present Multi-State Cooperative Societies Bill, framed in the light of the recommendations of the Expert Commitee on Multi-State Co-operative Societies Legislation and in consultation with the State Governments, seeks to achieve this objective and is intended to facilitate the further development and more effective functioning of multi-State co-operative societies.

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2. Since 1942, far -reaching changes have occurred in the organisational structure, overall size and operations, etc., of multi-unit co-operative societies. A number of national level co-operative societies and federations, promoted by co-operatives in the country have come up with the assistance of the Central and State Governments. These federations and societies are engaged in diverse spheres of co-operative activity. The provisions in the co-operative laws in different States governing these multi-State societies tend to vary from one another. Thus the lack of uniformity and the inadequacies in the existing arrangements have rendered it necessary to replace the existing legislative framework of such co-operatives by a common comprehensive Central legislation and providing for a Central Authority to be responsible for their promotion, registration and supervision. The present Multi-State Cooperative Societies Bill, framed in the light of the recommendations of the Expert Commitee on Multi-State Co-operative Societies Legislation and in consultation with the State Governments, seeks to achieve this objective and is intended to facilitate the further development and more effective functioning of multi-State co-operative societies.