Ministry of Co-operation
The Ministry of Cooperation is a List of agencies of [the government of India|Union
ministry] under the Government of India 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 along with its vision statement of Sahkar se samriddhi. Before the creation of this ministry, the objectives of this ministry were looked after by the Ministry of Agriculture.
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. The same was initially announced by Finance Minister Nirmala Sitharaman while presenting the Union budget of India|2021 Union budget].
Objectives
The ministry was created with objectives of:- To realise the vision of "Sahkar se Samriddhi".
- To streamline processes for ‘'Ease of doing business’' for co-operatives and enable development of Multi-State Co-operatives
- 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
- National Cooperative [Development Corporation (India)]
- National Cooperative Organics Limited
Cooperative Societies at National Level
Core Cooperative Society at National LevelCooperative Banks at National Level
- National Federation of State Cooperative Banks Limited
- National Federation of Urban Cooperative Banks and Credit Societies Limited
- National Cooperative Land Development Banks Federation Limited
- All India Industrial Cooperative Banks Federation Limited
- National Cooperative Consumer’s Federation of India Limited
- National Federation of Labour Cooperative Limited
- National Cooperative Housing Federation Limited
- 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
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.Kerala's Minister of Co-operation and Registration V. N. Vasavan claimed that, "Creation of a new Cooperation ministry will make it difficult for state government to interfere in cooperative organisations and is an infringement upon the federal rights of the state governments. This is an intrusion into the authority of the state governments."