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Ministry of Cooperation

Part of: GS Prelims and GS -II – Governance

In news

The Indian Central government has recently created a new Ministry of Cooperation for strengthening cooperative movement

What are the features of the new Ministry?

Ministry created to realise the vision of ‘sahkar se samriddhi’ (through cooperation to prosperity).
It will provide a separate administrative, legal and policy framework for strengthening the cooperative movement in the country.
It will work to streamline processes for ‘ease of doing business’ for cooperatives and enable development of multi-state cooperatives (MSCS),

What is a cooperative?

Cooperatives are people-centred enterprises owned, controlled and run by and for their members to realise their common economic, social, and cultural needs and aspirations.

Provisions of Indian Constitution related to Cooperatives

The Constitution (97th Amendment) Act, 2011 made following changes in Constitution

New Part IXB regarding the cooperatives working in India added. (Part IXA deals with Municipals)
In Art. 19(1)(c) the word “cooperatives” was added after “unions and associations”. This enables all the citizens to form cooperatives by giving it the status of fundamental right of citizens.
A new Article 43B was added in the Directive Principles of State Policy (Part IV) regarding the “promotion of cooperative societies”

Source: TH

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