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We have a new Ministry of Cooperation! Now what?


We have a new Ministry of Cooperation! Now what?
By Balasubramanian Iyer
The creation of the new Ministry of Cooperation has been greeted with euphoria and jubilation by members of cooperatives across India.  The general public was left wondering what ‘cooperation’ was all about and the political class up in arms about usurping of state rights. Therein lies the challenge and the opportunity for the new Ministry – educate the public about cooperatives as people-centered enterprise model, shed the political and bureaucratic baggage, and create an environment to revitalize and rejuvenate the cooperative movement.
Cooperatives have been in existence in India for 117 years! The first cooperatives were started under British Rule in response to agricultural distress and indebtedness. Since then, they have grown across sectors and today there are around 850,000 cooperatives with over 290 million members (roughly 20% of the population)! Over time, new forms such as Self- ....

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