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Modi Government creates a new Ministry of Co-operation

INS Desk by INS Desk
July 6, 2021
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Covid-19: Centre fighting with all its might to support states says PM Modi

The Prime Minister, Shri Narendra Modi addressing at the webinar for effective implementation of Union Budget in Defence Sector, in New Delhi on February 22, 2021.

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New Delhi: In a historic move, a separate ‘Ministry of Co-operation’ has been created by the Modi Government for realizing the vision of ‘Sahkar se Samriddhi’.

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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 upto the grassroots.

In our country, a Co-operative based economic development model is very 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 Central Government has signaled 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.

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