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Centre creates new Ministry of Cooperation

Our Bureau, New Delhi | Updated on July 06, 2021

The new ministry will help deepen cooperatives as a true, people-based movement. File picture of women on their way to supply milk to a cooperative K_V_PoornachandraKumar

The ministry will provide an administrative, legal and policy framework for strengthening the cooperative movement in the country

In a significant move, a separate ‘Ministry of Co-operation’ has been created by the Modi Government to realise the vision of ‘Sahkar se Samriddhi’.

This ministry will provide a separate administrative, legal and policy framework for strengthening the cooperative movement in the country.

It will help deepen Co-operatives as a true people-based movement, reaching the grassroots, an official release said.

“In our country, a Co-operative based economic development model is relevant where each member works with a spirit of responsibility.

The Ministry will work to streamline processes for ‘Ease of doing business’ for co-operatives and enable development of Multi-State Co-operatives (MSCS)”, the release added.

With this move, the Central Government has signalled its deep commitment to community-based developmental partnership. Creation of a separate Ministry for Co-operation also fulfils the budget announcement made by the Finance Minister, the release added.

 

 

 

Published on July 06, 2021

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