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Ministry of Co-operation

Government ministry of India From Wikipedia, the free encyclopedia

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]

Formed6 July 2021 (5 years ago) (2021-07-06)
Headquarters
Minister responsible
Quick facts Agency overview, Formed ...
Ministry of Cooperation
Branch of Government of India
Agency overview
Formed6 July 2021 (5 years ago) (2021-07-06)
JurisdictionGovernment of India
Headquarters
Minister responsible
Minister of State responsible
Agency executive
Website
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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]

Objectives

The ministry was created with objectives of:[8]

  • To realise the vision of "Sahkar se Samriddhi" (prosperity through cooperation).
  • To streamline processes for ‘'Ease of doing business’' for co-operatives and enable development of Multi-State Co-operatives (MSCS)
  • to provide a separate administrative, legal and policy framework for strengthening the cooperative movements in the country.
  • To deepen the cooperative as a true people-based movement reaching upto the grassroot level.

Public Sector Undertakings

Cooperative Societies at National Level

Core Cooperative Society at National Level

Cooperative Banks at National Level

  • National Federation of State Cooperative Banks Limited
  • National Federation of Urban Cooperative Banks and Credit Societies Limited

Development Cooperative Banks at National Level

  • National Cooperative Land Development Banks Federation Limited
  • All India Industrial Cooperative Banks Federation Limited

Consumer Cooperative Societies at National Level

  • National Cooperative Consumer’s Federation of India Limited

Worker Cooperative Societies at National Level

  • National Federation of Labour Cooperative Limited

Housing Cooperative Societies at National Level

  • National Cooperative Housing Federation Limited

Producer/Marketing Cooperative Societies at National Level

  • National Federation of Industrial Cooperative Limited
  • Indian Farmers Fertiliser Cooperative Limited
  • Krishak Bharati Cooperative Limited
  • All India Federation of Cooperative Spinning Mills Limited
  • National Cooperative Dairy Federation of India Limited
  • National Heavy Engineering Cooperative Limited
  • All India Handloom Fabrics Marketing Cooperative Society Limited
  • National Federation of Fishermen’s Cooperative Limited
  • National Cooperative Tobacco Grower’s Federation Limited
  • Tribal Cooperative Marketing Development Federation of India Limited
  • National Federation of Cooperative Sugar Factories Limited
  • National Agricultural Cooperative Marketing Federation of India
  • Petrofils Cooperative Limited (To be de-liquidated)

Initiatives of the Ministry of Cooperation

Since its formation, Ministry of Cooperation has taken more than 50 initiatives to transform the Indian cooperative sector. This includes institutional strengthening, legal & regulatory reforms, expansion of cooperative services, digital transformation etc. among others. [9]

Cabinet Ministers

More information Portrait, Minister (Birth-Death)Constituency ...
Portrait Minister
(Birth-Death)
Constituency
Term of office Political party Ministry Prime Minister
From To Period
Amit Shah
(born 1964)
MP for Gandhinagar
7 July 2021 Incumbent 5 years, 45 days Bharatiya Janata Party Modi II Narendra Modi
Modi III
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Ministers of State

More information Portrait, Minister (Birth-Death)Constituency ...
Portrait Minister
(Birth-Death)
Constituency
Term of office Political party Ministry Prime Minister
From To Period
B. L. Verma
(born 1961)
MP for Uttar Pradesh (Rajya Sabha)
7 July 2021 9 June 2024 2 years, 338 days Bharatiya Janata Party Modi II Narendra Modi
Krishan Pal Gurjar
(born 1957)
MP for Faridabad
10 June 2024 Incumbent 2 years, 72 days Modi III
Murlidhar Mohol
(born 1974)
MP for Pune
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Department of Co-operation State Committees

Department of Co-operation State Committees was created with objectives of:[8]

  • Legal framework preservation for strengthening the country.
  • To deter discrimination to communities in the country.
  • Historic preservation of every state in the country.

Criticism

Co-operative societies, being a subject of State List under the Seventh schedule of the Constitution, many experts raised concerns that, creating such a ministry at the central level would increase the power in the hands of the union government.[10]

See also

References

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