Amit Shah announces new cooperative life insurance company on lines of Bharat Taxi

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NEW DELHI: Union Minister Amit Shah on Monday said a cooperative life insurance company will be set up to boost the growth of cooperatives in the country.

At a function in the national capital to mark the 5th Foundation Day of the Ministry of Cooperation, Shah said the establishment of the ministry has given a new “lifeline” to India’s cooperative movement, which was a “neglected movement” during the Congress rule.

The Cooperation Minister said ‘Bharat Taxi’ has been doing well and would be expanded into 500 cities in the next two years.

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