Modi Govt creates a new Ministry of Co-operation

New Delhi, Jul 6 : Just ahead of the expected Cabinet reshuffle and expansion,the Centre on Tuesday created a separate ‘Ministry of Co-operation to realizing the vision of ‘Sahkar se Samriddhi’ (prosperity through co-operation).Describing as a historic move, the Centre said that this ministry will provide a separate administrative, legal and policy framework for strengthening the cooperative movement in the country.

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The new Minister for this portfolio will be named in the next Cabinet rejig.The Ministry will work to streamline processes for ‘Ease of doing business’ for co-operatives and enable development of Multi-State Co-operatives (MSCS) and also to deepen Co-operatives as a true people based movement reaching up to the grassroots,an official release said, adding that in our country, a Co-operative based economic development model is very relevant where each member works with a spirit of responsibility.The Union Government has signaled its deep commitment to community based developmental partnership wherein creation of a separate Ministry for Co-operation to fulfils the budget announcement made by the Finance Minister.

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