How the new Ministry of Co-operation can make a significant positive impact on the ground
New responsibilities for the finance minister and the home minister indicate the government's focus on privatisation and cooperatives
Here are the best of Business Standard's opinion pieces for Wednesday
The Narendra Modi government has decided to create a new Ministry of Cooperation with an aim to strengthen the cooperative movement in the country, official sources said on Tuesday
Kishan Rana's "Some steps for India's renewal" (May 1) was like a breath of fresh air. Coming as it does in the din of scores of others lamenting about how the opposition party's cussed approach is harming the nation, not letting the government function, et al, Rana's plea of "cooperative governance" merits serious consideration from the saner elements of all our political parties. Here is someone who has seen and studied the German system first-hand; and we are all aware that there aren't many other nations in the world that can match the political sagacity and unqualified success of this "standard bearer of European economies". Interestingly this country also "bears an uncanny resemblance to India on several basics"!Modi has initiated a great thinking by inviting the main opposition party for a dialogue. Hopefully, the Congress will also respond positively - if for no other reason than their possible realisation of the "extinction of the grand old party" in the not too distant future
Is the idea of cooperative governance, in which governing coalitions and opposing parties actually join in tackling real issues, truly beyond our ken?