Modi government creates a new Ministry of Co-operation to boost cooperative movement - News Summed Up

Modi government creates a new Ministry of Co-operation to boost cooperative movement


Ahead of the cabinet reshuffle, the Narendra Modi government has created a separate 'Ministry of Co-operation' to realise the vision of 'Sahkar se Samriddhi'. The decision aims to strengthen the co-operative movement in the country and deepen cooperatives as a true people-based movement reaching the grassroots. This ministry will provide a separate administrative, legal and policy framework for strengthening the cooperative movement. The cooperative-based economic development model is very relevant to the country where each member works with a spirit of responsibility. The Ministry will work to streamline processes for 'ease of doing business' for cooperatives and enable the development of Multi-State Co-operatives (MSCS).


Source: dna July 06, 2021 16:30 UTC



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