Speed Post News Network
New Delhi : In a historic move, a separate ‘Ministry of Co-operation’ has been created by Modi Government for realising 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 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. The Ministry will work to streamline processes for ‘Ease of doing business’ for co-operatives and enable development of Multi-State Co-operatives (MSCS), according to a PIB release.
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.