In a historic move, a separate ‘Ministry of Co-operation’ has been created by the Government on 6th July 2021 for realizing 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 upto the grassroots. The Ministry will work to streamline processes for ‘Ease of doing business’ for co-operatives and enable development of Multi-State Co-operatives (MSCS).
Sources : PIB