Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Charlie Kirk shot dead
  • Nepal protests
  • Russia-Poland tension
  • Israeli strikes in Qatar
  • Larry Ellison
  • Apple event
  • Sunjay Kapur inheritance row
fp-logo
Narendra Modi govt creates new Ministry of Cooperation; what you need to know
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • India
  • Narendra Modi govt creates new Ministry of Cooperation; what you need to know

Narendra Modi govt creates new Ministry of Cooperation; what you need to know

FP Staff • March 31, 2022, 14:52:03 IST
Whatsapp Facebook Twitter

The creation of a separate ministry comes after finance minister Nirmala Sitharaman, in her Union Budget speech, proposed setting up an administrative structure to further streamline the ’ease of doing business’ for cooperatives

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
Narendra Modi govt creates new Ministry of Cooperation; what you need to know

The Narendra Modi government has decided to create a new Ministry of Co-operation with an aim to strengthen the cooperative movement in the country, official sources said on Tuesday. Why it matters?

  • The announcement comes amid a strong buzz about a massive Cabinet reshuffle soon. Government sources told Firstpost that the new ministry is being created for realising the vision of “sahkar se samriddhi” (through co-operation to prosperity).
  • This ministry will provide a separate administrative, legal and policy framework for strengthening the cooperative movement in the country, sources added.
  • A minister in-charge for the new portfolio may be named on Wednesday. With this decision, the Central Government has signalled its deep commitment to community-based developmental partnership, sources added.
  • The creation of a separate “co-operation ministry” comes after finance minister Nirmala Sitharaman, in her Union Budget speech, proposed setting up an administrative structure to further streamline the ‘Ease of Doing Business’ for cooperatives.

What will this ministry do?

  • As per sources, the new ministry will help deepen cooperatives as a true, people-based movement reaching till the grassroots. In the country, a cooperative-based economic development model is very relevant where each member works with a spirit of responsibility, they added.
  • The ministry will work to streamline processes for ‘’ease of doing business’’ for cooperatives and enable development of multi-state cooperatives (MSCS).

BJP leaders hail move Union minister Piyush Goyal, hailing the creation of the ministry, called it ‘another visionary step’.

In another visionary step, PM @NarendraModi ji has created a new Ministry of Co-operation for realising the vision of ‘Sahkar se Samriddhi’. This will give a massive boost to co-operative movement and create a true people's momentum for development.https://t.co/Cts73UPMlz

— Piyush Goyal (@PiyushGoyal) July 6, 2021

BJP national general secretary BL Santhosh said the move would “go a long way in strenghtening rural economy”.

A new ministry for “ Cooperatives “ is created with the motto of ‘ Sahakar Se Samruddhi ‘ . PM @narendramodi first created Jal Shakti ministry & now Cooperatives. This will go a long way in strengthening rural economy .

— B L Santhosh (@blsanthosh) July 6, 2021
More from India
Supreme Court clears Vantara elephant project, rejects PIL: Top 5 things to know Supreme Court clears Vantara elephant project, rejects PIL: Top 5 things to know Focus back to India-US trade deal: Trump’s negotiators landing in New Delhi tonight Focus back to India-US trade deal: Trump’s negotiators landing in New Delhi tonight

All eyes on expected Cabinet reshuffle The buzz that was going on for quite some time intensified after a series of meetings between Prime Minister Narendra Modi and Union home minister Amit Shah and BJP national president JP Nadda in the National Capital. The news of the creation of the ministry comes amid reports of a much-anticipated Cabinet reshuffle. According to sources, it is likely that four ministers could be inducted from Bihar in the Cabinet. The sources told ANI that among the four likely to be included in the Cabinet — two are from Janata Dal (United), one from Lok Janshakti Party (LJP) fraction group Pashupati Paras, and one from Bharatiya Janata Party (BJP). Earlier sources in the Bharatiya Janata Party (BJP) stated that the party is likely to accommodate a few of its prominent leaders and National Democratic Alliance (NDA) members in the Narendra Modi Cabinet soon. It has been two years since the NDA came back to power in 2019. With inputs from agencies

Tags
NewsTracker Centre Central Government Prime Minister Narendra Modi Ministry of Cooperation Ministry of co operation
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

News18 SheShakti 2025: Voices of cinema, sport and music redefine nation-building

News18 SheShakti 2025: Voices of cinema, sport and music redefine nation-building

At News18 SheShakti 2025 Delhi, women from sports, cinema, and music discussed breaking barriers. Kriti Sanon and Sanya Malhotra focused on equity in cinema, Mira Erda and Ashalata Devi on sports challenges, and Kavita Krishnamurti stressed humility and perseverance for lasting success.

More Impact Shorts

Top Stories

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

From governance to tourism, how Gen-Z protests have damaged Nepal

From governance to tourism, how Gen-Z protests have damaged Nepal

Did Russia deliberately send drones into Poland’s airspace?

Did Russia deliberately send drones into Poland’s airspace?

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

From governance to tourism, how Gen-Z protests have damaged Nepal

From governance to tourism, how Gen-Z protests have damaged Nepal

Did Russia deliberately send drones into Poland’s airspace?

Did Russia deliberately send drones into Poland’s airspace?

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Top Shows

Vantage Firstpost America Firstpost Africa First Sports

QUICK LINKS

  • Mumbai Rains
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV