The Economic Times daily newspaper is available online now.

    Narendra Modi government creates a new Ministry of Co-operation: Sources

    Synopsis

    The Ministry will work to streamline processes for ‘Ease of doing business’ for co-operatives and enable development of Multi-State Co-operatives (MSCS).

    Cabinet expansion: Modi govt creates new Ministry of Co-operation for strengthening cooperative movement
    Ahead of the much awaited cabinet rejig, the Narendra Modi government has set up a 'Ministry of Co-operation'. The separate ‘Ministry of Co-operation’ is to realize it's vision of ‘Sahkar se Samriddhi’, according to government sources.

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

    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.


    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News, Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more

    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News, Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more
    The Economic Times

    Stories you might be interested in