Govt to ensure fair role for SC/STs in co-ops
DH News Service
Co-operatives Minister D K Shivakumar has said that the government has set aside Rs 1 crore as share investment to enable SC/STs and minorities gain membership of co-operatives in the State.He was speaking after inaugurating the Beelur Gurubasava Credit Co-operative Society and the new building of the Basaveshwara Commerce College recently.
The minister also said that 50 per cent of agricultural loans being disbursed by co-op banks, will be given to new farmers. Of the 28,000 co-ops in the State, about 20,000 are functioning well. Only trust can foster the growth of co-ops, he noted.
Parliament member R S Patil, MLC S R Patil, Dr M P Nadagouda, BTD President G N Patil, Murugendra Swamiji of the Beelur Virakta Math, Prabhu Swamiji of Charanthi Math, and others were present. Later addressing press persons, Mr Shivakumar said a special squad has been formed to initiate action against illegal chit fund operators. The RBI has also accorded permission to start district credit co-op banks in the newly formed districts of Bagalkot and Davanagere. Steps will also be taken to reopen the textile mill in Bagalkot which had closed some time back, he added.