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27th December 2021 (5 Topics)

Government planning to amend the MSCS Act, 2002

The current regulations for multi-state cooperative societies in India have many gaps. Critically analyze the statement of the recent government decision to amend the Multi-State Cooperative Societies (MSCS) Act, 2002. (250 Words) 

Approach:

  • Introduce by giving a definition of Multi state cooperative societies.
  • Enumerate the gaps in current regulations for MSCS.
  • Enumerate the recent amendments introduced by the Government and their significance
  • Enumerate the problems with the amendment
  • Way forward and Conclusion
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