Recently government announced the formation of a separate Union Ministry of Cooperation.
The Coopertaives till date was looked after by the Ministry of Agriculture.
First Minister of Cooperation- Amit Shah.
Cooperative societies are state subject under Entry 32 of the State List.
The functioning of the cooperative society is guided by the Cooperative Society Act of the respective states.
Deepen co-operatives as a true people based movement.
To realize vision of “ Sahkar se Samriddhi” (Prosperity through cooperation).
To enable development of Multi-State Co-operatives (MSCS).
It will streamline processes for ‘Ease of doing business’ for co-operatives.