Modi Government Creates A New 'Ministry of Co-operation'

New Delhi, July 6 (TNA) In a historic move, a separate 'Ministry of Co-operation' has been created by the Modi Government for realizing the vision of 'Sahkar se Samriddhi', an official statement said on Tuesday night.

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 upto 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 added. 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 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.