<h1>India's Ministry of Cooperation Advances Cooperative Societies with Policy, Training, and Legal Frameworks Under 1961 Rules.</h1> The management and regulation of Cooperative Societies, including Cooperative Banks, is a continuous effort led by the Ministry of Cooperation under the Government of India. Initiatives are guided by the Government of India (Allocation of Business) Rules, 1961. Key focus areas include formulating general policy for cooperation, enhancing the cooperative movement's reach, promoting cooperative-based economic development, and creating a supportive policy and legal framework. The Ministry also oversees the National Co-operative Development Corporation and manages the Multi-State Cooperative Societies Act, 2002. Training for cooperative personnel is also emphasized to support these objectives, as detailed by the Minister of Cooperation in a recent statement.