Union Minister Amit Shah on Monday announced that a cooperative life insurance company will be established to expand the business areas of cooperatives and also said the services of ‘Bharat Taxi’ would be increased to 500 cities in the next two years. At an event in the national capital to mark the fifth Foundation Day of the Ministry of Cooperation, he stressed eradicating corruption in the appointments of professionals to enhance credibility in India’s cooperative ecosystem. Shah, the Cooperation Minister, said the establishment of the ministry has given a new “lifeline” to India’s cooperative movement, which was a “neglected movement” during the Congress regime.