GS2The Hindu · Current Affairs
Cooperative life insurance firm to be set up soon: Shah
Launch of Cooperative Life Insurance Company Announced
SP
Samachar Pathshala Desk
Published 7 Jul 2026 · 1 min
Union Cooperation Minister Amit Shah announced that the government would set up a cooperative life insurance company to support the growth of cooperatives in India.
Speaking on the fifth Foundation Day of the Cooperation Ministry, he said the ministry had provided a new lifeline to the cooperative movement, which he claimed had been neglected during Congress rule.
The UPSC angle
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Context of Cooperative Growth
The establishment of a cooperative life insurance firm aligns with greater efforts to rejuvenate the cooperative sector in India.
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