Ahead Of Cabinet Reshuffle, Modi Govt Creates New Ministry Of Co-operation For Realising Vision Of ‘Sahkar Se Samriddhi’

The Modi government on Tuesday (6 July) created a new 'Ministry of Co-operation', a day before the impending Cabinet reshuffle.

This ministry will provide a separate administrative, legal and policy framework for strengthening the cooperative movement in the country.

In a statement, the Cabinet Secretariat said, "In a historic move, a separate 'Ministry of Co-operation' has been created by the Modi government for realising the vision of 'Sahkar se Samriddhi'."

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 statement said. 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 signalled 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," the statement said.

The development comes as PM Modi is reportedly set to reshuffle his Cabinet. At least 18 new ministers are expected to be inducted in the Union Cabinet, according to reports. The expansion will be done keeping in view the upcoming state elections next year.