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HomeIndiaJ-K Assembly passes Cooperative Societies Amendment Bill

J-K Assembly passes Cooperative Societies Amendment Bill

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Srinagar, Sep 22 (PTI) The Jammu and Kashmir Assembly on Tuesday passed the J&K Cooperative Societies (Amendment) Bill, 2026, providing for the repeal of self-reliant cooperative law and transitional framework for self-reliant cooperatives.

The House passed the Bill after detailed discussion by the members on the second day of the Autumn session.

Moved by Minister for Cooperative Department, Javid Ahmad Dar, the Bill seeks amendment in the Jammu and Kashmir Cooperative Societies Act, 1989, repeal of the Jammu and Kashmir Self-Reliant Cooperative Act, 1999, and provision of a transitional framework for self-reliant cooperatives under the principal Act.

The Bill was discussed at length in the House, with several legislators putting forth their views, suggestions and observations on various provisions of the proposed legislation.

Responding to the issues and suggestions raised during the discussion, the minister apprised the House of the objectives and rationale behind the proposed amendments and reiterated the government’s commitment to strengthening the cooperative sector through a robust, transparent and effective legislative framework.

“The Bill marks an important step towards streamlining the cooperative legislative framework in Jammu and Kashmir and strengthening cooperative institutions for more effective functioning and delivery of services to their members,” he said.

Dar said that the proposed legislative framework is aimed at bringing greater coherence to the cooperative sector and ensuring a smooth transition for self-reliant cooperative societies within the ambit of the Jammu and Kashmir Cooperative Societies Act, 1989.

Following the discussion, the Jammu and Kashmir Cooperative Societies (Amendment) Bill, 2026 was passed by the assembly through a voice vote. PTI SSB KVK

KVK

This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

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