Categories: National

Govt creates ministry of cooperation to boost cooperative movement

The government has created a Ministry of Cooperation to boost the Indian cooperative movement and give a fillip to the indigenous enterprises. India’s first minister of cooperation will also be sworn in once the Union Cabinet reshuffle takes place and the new ministers take the oath of office at the Durbar Hall in President House. The new ministry of Cooperation will work to realise the vision of “Sahkar se Samriddhi” and will provide a separate administrative, legal and policy framework to boost the cooperative movement in the country.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The development will aid the deeping of the cooperatives as true people-based movements with benefits going down to the grassroots. The ministry will be mandated to streamline the processes for the ease of doing business for cooperatives and ultimately aim to broaden and strengthen the multi-state cooperatives.

Find More National News Here

Sumit Arora

Recent Posts

Which Indian City is Known as “City of Light”?

India's cities are often known not just by their original names but also by unique…

9 hours ago

World Portuguese Language Day 2024 Observed on 5th May

On May 5th, the world unites to celebrate the Portuguese language, a linguistic treasure that…

9 hours ago

China Send Chang’e-6 Probe To Collect Moon’s Far Side Sample

In a groundbreaking endeavor, China has launched the Chang'e-6 probe on an ambitious mission to…

10 hours ago

Frank Shrontz, Former Boeing CEO, Dies at 92

Frank Shrontz, who led Boeing as its Chief Executive Officer for a decade from 1986…

10 hours ago

Lando Norris Storms to Maiden F1 Victory at Electrifying Miami Grand Prix

Lando Norris of McLaren clinched his first-ever Grand Prix victory in a pulsating showdown at…

10 hours ago

Top-10 Tea Producing States in India 2024

India, renowned for its rich cultural heritage and diverse landscapes, also boasts a thriving tea…

11 hours ago