The Union government on July 6, 2021 announced the creation of a new ministry called the “Ministry of Co-operation” to implement the vision of ‘Sahkar se Samriddhi’ or prosperity through cooperation. The ministry will help deepen cooperatives as a true people-based movement reaching up to the grassroots.
As per the Government press release, the ministry will provide a separate administrative, legal and policy framework for strengthening the cooperative movement in the country.
“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 the government’s statement.
The creation of a separate ministry is also indicative of the Union government’s commitment to community based developmental partnership and fulfils the budget announcement made by the finance minister earlier this year.
In the past, the government has renamed several ministries to expand their work profile. For instance, the ministry of environment was named as 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.