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Cooperatives can help lift India's 'jobless growth' curse

New national ministry to lead reinvigoration of traditional business structure

| India
Farmers wait to sell harvested sugarcane outside a cooperative sugar mill in Baghpat, India: Cooperatives have been intertwined with the country's socio-economic history.   © Sipa/AP

Karan Mehrishi is the author of "The India Collective: What India is Really All About" and the forthcoming "The Making of Monetary Policy in India: Imagining the Future."

India's economic growth this year looks set to top that of China and almost every other major nation.

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