Question
Which provisions in the Constitution of India pertain
to Co-operative societies?Solution
The Constitution (97th Amendment Act), 2011 makes provisions for Co-operative societies in India. The Amendment provided legal status and protection to Co-operative societies, and it makes an effort to address all of their issues and develop effective management techniques. All the above-mentioned provisions were added to the Constitution by way of 97th Amendment Act.
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Recently the Prime Minister Narendra Modi has launched the ‘India International Bullion Exchange (IIBX)’ at the Gift City of India, where it...
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