Agency overview | |
---|---|
Formed | 6 July 2021 |
Jurisdiction | Government of India |
Headquarters | New Delhi |
Minister responsible | |
Deputy Ministers responsible | |
Agency executive |
|
The Ministry of Cooperation is a Union ministry under the Government of India[1] which was formed in 2021. The ministry provides a separate administrative, legal and policy framework for strengthening the cooperative movement in the country. The ministry's creation was announced on 6 July 2021[2] along with its vision statement of Sahkar se samriddhi (transl. Prosperity through cooperation). Before the creation of this ministry, the objectives of this ministry were looked after by the Ministry of Agriculture.[3]
The ministry works in strengthening co-operatives at the grassroot level,[4][5] working to streamline processes for 'Ease of doing business' for co-operatives and enabling the development of Multi-State Co-operatives (MSCS).[6][7] The same was initially announced by Finance Minister Nirmala Sitharaman while presenting the 2021 Union budget.[4]