Ahead of Cabinet Expansion, Modi Govt Creates New 'Ministry of Cooperation'
This will provide separate administrative, legal and policy framework for strengthening cooperative movement.
The PM Narendra Modi government has created a new Ministry of Cooperation, for the purpose of realising the vision of 'sahkar se samriddhi' (prosperity from cooperation), the government said in a press release on Tuesday, 6 July.
This development comes ahead of the cabinet expansion likely to take place on Wednesday evening.
This ministry will provide separate administrative, legal and policy framework for strengthening cooperative movement in the country.
"It will help deepen co-operatives as a true people based movement reaching upto the grassroots," the press release on Tuesday said, adding that in India, a co-operative based economic development model is very relevant.
The Ministry of Cooperation will work to streamline processes for 'ease of doing business' for cooperatives and and enable development of Multi-State Co-operatives (MSCS).
The creation of this new ministry fulfils the budget announcement made by Finance Minister Nirmala Sitharaman, the release said.
Cabinet Expansion: New Faces Likely To Be Inducted
As the buzz over the expansion of Prime Minister Narendra Modi's Cabinet grows amid several high-profile leaders from across states reaching Delhi, many new faces are likely to be inducted in the Cabinet, sources told The Quint.
A few of the prominent names doing the rounds are those of former Congress leader and now BJP MP Jyotiraditya Scindia, former Assam Chief Minister Sarbananda Sonowal, and former Bihar Deputy Chief Minister Sushil Modi.
The Cabinet currently has 53 members, but can have up to 81.
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