📷 Image: Wikimedia Commons / Ramchandra9
Politics
J&K Assembly Approves Cooperative Societies Amendment Bill 2026 in Autumn Session
✍️ Daily Excelsior
🗓 22 Sep 2026, 05:31 PM
👁 13
The Jammu & Kashmir Legislative Assembly passed the Cooperative Societies Amendment Bill, 2026 during its Autumn Session, signalling a legislative update to the territory's cooperative sector.
Srinagar, September 2026 – In the concluding days of the Autumn Session, the Jammu & Kashmir Legislative Assembly voted in favour of the Cooperative Societies Amendment Bill, 2026. The legislation, introduced to revise the existing framework governing cooperative societies in the union territory, secured a majority in the house.
The amendment seeks to modernise provisions related to registration, management and dispute resolution of cooperatives, aiming to enhance transparency and efficiency. Lawmakers highlighted the need to align the cooperative sector with contemporary economic requirements.
Following the passage, the bill will be forwarded to the Lieutenant Governor for formal assent, as per constitutional procedure. Stakeholders in the cooperative movement are expected to review the changes once the bill becomes law.
The approval reflects the government's focus on strengthening grassroots economic institutions ahead of the upcoming fiscal planning cycle.
The amendment seeks to modernise provisions related to registration, management and dispute resolution of cooperatives, aiming to enhance transparency and efficiency. Lawmakers highlighted the need to align the cooperative sector with contemporary economic requirements.
Following the passage, the bill will be forwarded to the Lieutenant Governor for formal assent, as per constitutional procedure. Stakeholders in the cooperative movement are expected to review the changes once the bill becomes law.
The approval reflects the government's focus on strengthening grassroots economic institutions ahead of the upcoming fiscal planning cycle.