Ministry of Co-operation
Government ministry of India
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Through Government of India and Constitution of India
The ministry works in strengthening co-operatives at the grassroot level, working to streamline processes for 'Ease of doing business' for co-operatives and enabling the development of Multi-State Co-operatives (MSCS). The same was initially announced by Finance Minister Nirmala Sitharaman while presenting the 2021 Union budget.
Objectives
The ministry was created with objectives of:
- 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.
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Public Sector Undertakings
- National Cooperative Development Corporation (India)
- National Cooperative Organics Limited
Cooperative Societies at National Level
Core Cooperative Society at National Level
- National Cooperative Union of India
- National Council for Cooperative Training
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)
- Bharat Taxi
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.
Cabinet Ministers
Ministers of State
Department of Co-operation State Committees
Department of Co-operation State Committees was created with objectives of:
- 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.