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CO-OPERATIVE SOCIETIES The 97th Constitutional Amendment Act | UPSC POLITY NOTES

CO-OPERATIVE SOCIETIES

The 97th Constitutional Amendment Act of 2011 gave a constitutional status and protection to co-operative societies. In this context, it made the following three changes in the Constitution:

It made the right to form co-operative societies a fundamental right (Article 19).

It included a new Directive Principle of State Policy on promotion of co-operative societies (Article 43-B).

It added a new Part IX-B in the Constitution which is entitled as “The Co-operative Societies” (Articles 243-ZH to 243-ZT).