Lawstreet Journal

Government creates a new Ministry of Cooperation, calls it a historic move [READ PRESS NOTE]

Lawstreet Journal 7 Jul 2021 11:38pm

Image courtesy: Lawstreet Journal Executive Government creates a new Ministry of Cooperation, calls it a historic move [READ PRESS NOTE]

Ahead of the much-awaited cabinet expansion, the Central Government has created a new Ministry of Cooperation with an aim to strengthen the cooperative movement in the country.

Late Tuesday evening (July 6, 2021), the government informed that in a historic move it had created a separate ‘Ministry of Co-operation’ to realize the vision of ‘Sahkar se Samriddhi’ (prosperity through co-operation). 

This new ministry will provide a separate administrative, legal, and policy framework for strengthening the cooperative movement in the country, the government said in a press note, adding that it will help deepen cooperatives as a “true people-based movement reaching up to the grassroots.”

In our country, a Co-operative based economic development model is very relevant where each member works with a spirit of responsibility and the creation of a separate ministry is indicative of the Central Government’s commitment to community-based development partnerships.

The ministry will work to streamline processes for ease of doing business for co-operatives and enable the development of Multi-State Co-operatives (MSCS)”, the press noted said. The creation of the new ministry is in line with the budget announcement made by the finance minister, it added. 

In the past, the Modi Government has renamed several ministries to expand their work profile. For instance, the ministry of environment was named the ministry of environment, forests, and climate change, similarly, the ambit of the ministry of animal husbandry was expanded to include Fisheries, Animal Husbandry, and Dairying and the HRD ministry was renamed as education ministry. 

The announcement… Continue Reading...

Tagged: Ministry of Cooperation   PM Narendra Modi  
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