Gujarat to launch 'Cooperation Among Cooperatives' across all districts

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Gujarat to launch 'Cooperation Among Cooperatives' across all districts - Business Standard

Quick Summary:

According to a press release, under the successful leadership of Chief Minister Bhupendra Patel, Gujarat has successfully steered the pilot of 'Cooperation Among Cooperatives' initiative in Banaskantha and Panchmahal districts.

Notably under this initiative, envisioned by Union Home & Cooperation Minister Amit Shah, over 4 lakh new accounts were opened by cooperative societies and their active members in the District Cooperative Banks of these two districts, resulting in a jump of over Rs.966 crores in the bank deposits.

In a landmark decision, the central government headed by Prime Minister Narendra Modi established a dedicated Ministry of Cooperation to strengthen the cooperatives nationwide, affirming the path of 'Sahkar Se Samridhhi'.