Ahead of cabinet expansion, the Modi government on Tuesday announced the creation of a new Ministry of Cooperation. The ministry will provide a separate administrative, legal and policy framework for strengthening the cooperative movement in the country, a government statement said.
Terming it a “historic move”, the government said the ministry will provide a separate administrative, legal and policy framework for strengthening the cooperative movement in the country.
In India, a Co-operative based economic development model is very relevant where each member works with a spirit of responsibility.
Commenting on the development, BJP National general Secretary B L Santhosh said that the new ministry is created with the motto of ‘Sahakar Se Samruddhi’.
“A new ministry for “Cooperatives” is created with the motto of ‘Sahakar Se Samruddhi’. PM @narendramodi first created Jal Shakti ministry and now Cooperatives. This will go a long way in strengthening rural economy,” he said on Twitter.
The creation of separate ministry comes just a day before Prime Minister Modi is expected to expand his cabinet.
It said that the Centre has signalled its “deep commitment to community-based developmental partnership” and added that the creation of a separate ministry also fulfils the announcement made by the Finance Minister in the Union Budget.