The Ministry of Corporate Affairs is the Indian Administration Ministry. This ministry is mainly responsible for the regulation of Indian enterprises in the Services and Industrial sector. The officers for the posts in the ministry are selected through the Civil Service Examinations which is conducted by the UPSC or the Union Public Service Commission.

Read the whole article to get all the information about the ministry of cooperation. The topic is very important from the UPSC point of view. Know about the new ministry of cooperation and the new cabinet ministers of 2021.

What is the Ministry of Cooperation in India?

These are the key points that one should keep in mind and jot them down.

#To develop the cooperative movement in India, the Ministry will create a unique administrative, legal, and policy structure.

#The administration of ‘Sahakar se Samriddhi’ was established to bring the concept of ‘Sahakar se Samriddhi’ to life (Prosperity through cooperatives).

#The ministry will endeavour to streamline processes to make it easier for cooperatives to do business and to encourage the formation of multi-state cooperatives.

#With the addition of this administration, the overall number of central government ministries will rise to 41.

Also Read: PM Matru Vandana Yojana for Women & Child Development: Here’re the Important Points for UPSC Notes

Background

The first reshuffle after PM Modi’s NDA administration took office for a second term in 2019 is expected to be big. Several new ministers will be appointed as a result of this.

Finance Minister Nirmala Sitharaman originally advocated establishing a separate administrative framework for cooperatives in her union budget address in 2021. Sahakar Bharati also called for a separate administration for the cooperative sector at the national level.

Demand for Merging Ministers

Since 2014, bureaucratic bodies have recommended merging ministries that are tied to the same sector. However, little has happened so far. During PM Modi’s first term, the government merged two ministries, urban development and housing and urban poverty alleviation, to form a new administration, “urban affairs administration,” in 2017.

Second Ministry under Narendra Modi

The Ministry of Cooperation is the second administration to be established since the Modi administration took power for a second term in 2019. The government established the Jal Shakti administration after entering office in 2019. It is, however, vastly different from the new Ministry of Cooperation.

Jal Shakti administration was created by integrating two existing ministries namely, River Development and Ganga Rejuvenation, Water Resources, Sanitation administration, and Drinking Water. This integration was performed in line with Modi’s mantra of ‘minimum administration, maximum governance.

Also Read: What is Deficit Financing in India? Let’s Understand the Objective and Types for UPSC Exam

Cabinet Ministers of India 2021

Here is the list of cabinet ministers of India 2021.

Shri Raj Nath Singh Officer of Defence
Shri Amit Shah Minister of Cooperation and Officer of Home Affairs
Shri Nitin Jairam Gadkari Minister of Road Transport and Highways
Smt. Nirmala Sitharaman Officer of Corporate Affairs and Minister of Finance
Shri Narendra Singh Tomar Minister of Agriculture and Farmers Welfare
Dr. Subrahmanyam Jaishankar Minister of External Affairs
Shri Arjun Munda Minister of Tribal Affairs
Smt. Smriti Zubin Irani Officer of Women and Child Development
Shri Piyush Goyal Minister of Textiles, Officer of Commerce and Industry, Minister of Consumer Affairs, Food and Public Distribution
Shri Dharmendra Pradhan Minister of Skill Development and Entrepreneurship and Officer of Education

Ten to Twenty

Shri Pralhad Joshi Minister of Coal, Minister of Mines, Officer of Parliamentary Affairs
Shri Narayan Tatu Rane Minister of Micro, Small and Medium Enterprises
Shri Sarbananda Sonowal Officer of AYUSH, Minister of Ports, Shipping and Waterways
Shri Mukhtar Abbas Naqvi Minister of Minority Affairs
Dr. Virendra Kumar Officer of Social Justice and Empowerment
Shri Giriraj Singh Minister of Rural Development

Minister of Panchayati Raj

Shri Jyotiraditya M. Scindia Officer of Civil Aviation
Shri Ramchandra Prasad Singh Minister of Steel
Shri Ashwini Vaishnaw Officer of Electronics and Information Technology, Minister of Communications and Officer of Railways
Shri Pashu Pati Kumar Paras Minister of Food Processing Industries

Twenty to Thirty

Shri Gajendra Singh Shekhawat Officer of Jal Shakti
Shri Kiren Rijiju Minister of Law and Justice
Shri Raj Kumar Singh Ministry of New and Renewable Energy, administration of Power
Shri Hardeep Singh Puri Ministry of Housing and Urban Affairs, administration of Petroleum and Natural Gas
Shri Mansukh Mandaviya Ministry of Chemicals and Fertilizers and Ministry of Health and Family Welfare
Shri Bhupender Yadav Officer of Labour and Employment and Minister of Environment, Climate Change and Forest
Dr. Mahendra Nath Pandey Ministry of Heavy Industries
Shri Parshottam Rupala Officer of Fisheries, Animal Husbandry and Dairying
Shri G. Kishan Reddy Minister of Development of North Eastern Region, Officer of Tourism, Minister of Culture
Shri Anurag Singh Thakur Ministry of Information and Broadcasting; and administration of Youth Affairs and Sports

Ministry of India: Administration

The administration  conducts the subsequent acts

#The Companies Act, 2013

#The Companies Act, 1956

#Insolvency And Bankruptcy Code, 2016

#The Competition Act, 2002

#The Monopolies and Restrictive Trade Practices Act, 1969

#The Chartered Accountants Act, 1949 [As amended by the Chartered Accountants (Amendment) Act, 2006]

#The Company Secretaries Act, 1980 [As amended by The Company Secretaries (Amendment) Act, 2006]

#Cost and Works Accountants Act, 1959 [As Amended By The Cost And Works #Accountants (Amendment) Act, 2006]

#Companies (Donation to National) Fund Act, 1951

#The Indian Partnership Act, 1932

#Societies Registration Act, 1860

#The Companies Amendment Act, 2006

#The Limited liability Partnership Act, 2008

New Ministry of Cooperation 2021 – Things to know for UPSC

The administration of Cooperation will provide a separate administrative, legal, and policy framework for growing the cooperative movement in the country, according to a press release from the Press Information Bureau.

Also Read: UPSC 2022 Exam Date Calendar: Latest Updates and All-Year Round Calendar

What is the Cooperate Movement?

Cooperatives, by definition, are grassroots organisations created by people who want to use the power of collective bargaining to achieve a common aim.

Cooperative dairies, sugar mills, spinning mills, and other agricultural enterprises are founded by pooling the resources of farmers who want to process their produce.

There are 1,94,195 cooperative dairy groups in the country, as well as 330 cooperative sugar mill companies. Dairy cooperatives bought 4.80 crore litres of milk from 1.7 crore members and sold 3.7 crore litres of liquid milk per day in 2019-20.

What Laws Govern Cooperative Societies?

Agriculture and collaboration are on the state list, which means they can be managed by state governments. The majority of cooperative communities are governed by regulating offices by their state regulations, are the Registrar of Societies and Cooperation Commissioner.

The Centre enacted the MultiState Cooperative Organizations Act in 2002, authorizing the registration of cooperative institutions that operate in numerous states. These are large banks, dairies, and sugar mills with operations that span multiple states. Their controlling administration is the Central Registrar of Societies, although the State Registrar works on his behalf on the bottom.

Also Read: Recusal of Judges: A Potential Topic for The Next UPSC Exam

Why is the New Ministry Necessary?

Cooperative institutions get capital from the federal government in the form of equity or operating capital, with state governments guaranteeing the funds. The majority of the cash went to a few states, namely Maharashtra, Gujarat, and Karnataka, while other states struggled to keep up.

The cooperative sector has experienced a funding drought over the years. According to Babar, the cooperative structure will be able to breathe fresh life under the new administration.

Former managing director of the Maharashtra State Federation of Cooperative Sugar Mills, Sanjiv Babar, believes that the cooperative system must be restored in the country.

Influence of Cooperative Structure on State and National Politics

Whether it’s an urban cooperative housing society or a village-level PACS, cooperative organizations elect their leaders democratically, with units voting for a board of directors. Cooperative institutions have served as leadership development schools in places such as Maharashtra.

Babar noted that Amit Shah had led the Ahmedabad District Central Cooperative Bank in Gujarat for a long period.

At least 150 legislators in Maharashtra’s current assembly have been involved in the movement in some way.

Sharad Pawar, the leader of the Nationalist Congress Party, and Ajit Pawar, the Deputy Chief Minister, both began their political careers by running in cooperative elections. The movement has provided the state with a number of Chief Ministers and ministers, many of whom have gone on to establish a name for themselves at the national level as well.

Conclusion

Hopefully, this article has provided you with all the information and important points regarding the administration of cooperation. The government is formed with various ministries working under it. The government works for the people, by the people and of the people. The government is formed to serve the nation and all the duties are related to it. Though corruption still works and India is still a developing nation, we need people who work for the country, not for the fortune.

If you are writing UPSC, then you should be ready to serve people at any hour of the day. A government officer is a righteous people’s helper and should serve the people righteously. What do you think, what qualities should a government official possess, let us know in the comments box below.

Also Read: Pneumococcal Conjugate Vaccine: A Very Important Healthcare Topic for UPSC

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What is the Ministry of Cooperation in India? Why and How is Cooperation Created?
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What is the Ministry of Cooperation in India? Why and How is Cooperation Created?
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What is the ministry of cooperation? Who will be the cabinet ministers of India in 2021? Know all about the ministry. The ministry of cooperation is an important topic in UPSC. To know more click here
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