Prime Minister Narendra Modi has announced the formation of a new ministry of cooperation. The formation of such a ministry had been announced in the Budget earlier this year.
The move is being described by the more ardent amongst his supporters as bold and new. But nearly a week later no one knows what exactly the ministry’s mandate is going to be.
The press release merely says “It will help deepen cooperatives as a true people-based movement reaching up to the grassroots”. Indeed, reaching up, rather than down where the grassroots are, could be the only new idea in this
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
