Amendment in the Multi State Cooperative Societies (MSCS) Act, 2002

Print Friendly, PDF & Email

Amendment in the Multi State Cooperative Societies (MSCS) Act, 2002

The Center will amend the Multi State Cooperative Societies (MSCS) Act, 2002.

Co-operative is a subject in the state list, but there are many committees related to sugar, milk banks, etc., whose members and areas of operation are extended in more than one state.

  • The MSCS Act was enacted to strengthen the law relating to such cooperative societies.
  • Their board of directors is represented by all the states in which they operate.
  • The administrative and financial control of these committees rests with the Central Registrar. Therefore, no officer of the state government can exercise any control over them.
  • Since the enactment of this law, 1,479 such societies have been registered so far, out of which 9 have also been deregistered.
  • Maharashtra has the highest number of them. It is followed by Uttar Pradesh and New Delhi.

Issues related to MSCS Act

  • Lack of day-to-day government controls and monitoring and balancing to ensure transparency.
  • Unlike state co-operative societies, which have to submit multiple reports to the state registrar, MSCS is not required to do so.
  • There is lack of infrastructure at the ground level as there are no officers or offices at the state level. Also, most of the work is being done online or through correspondence.
  • Earlier the Ministry of Cooperation was formed to bring transparency and fairness in the working of cooperative societies including MCSC.

Source – The Hindu

Download Our App


IAS Online Coaching

Login to your account

Daily Current Affairs Quiz | Current Affairs | How to Prepare For UPSC Interview | CSAT Strategy For UPSC | GK Question for UPSC | UPSC quiz in hindi | Civil Services Coaching

Want to Purchase Best Study Material For UPSC ?

All the books are in hard copy we will deliver your book at your given address

Open chat
Youth Destination IAS . PCS
To get access
- NCERT Classes
- Current Affairs Magazine
- IAS Booklet
- Complete syllabus analysis
- Demo classes