Correct option is A
The correct answer is (A) 1958
Explanation:
- In 1958, the National Development Council (NDC) recommended a national policy on cooperatives as part of its strategy to promote rural development and the cooperative movement.
- The policy aimed to provide a structured framework for the development of cooperatives in India, emphasizing their role in supporting agriculture, rural credit, and the economic well-being of farmers.
Information Booster:
- The cooperative movement in India gained significant traction after this recommendation, with cooperative societies becoming an important part of the country's economic structure.
- The NDC's recommendation laid the foundation for future development in the cooperative sector, including legislative measures and financial support to cooperatives.