Centre’s conspiracy to end co-operative sector – Sharad Pawar – Navshakti

Centre’s conspiracy to end co-operative sector – Sharad Pawar

Pune: Even if a person is not a member of a co-operative society, we will appoint him to the co-operative banks, says the Reserve Bank. “It is our right,” the RBI said. In fact, NCP’s Sarvesarva Sharad Pawar accused the Center of conspiring to weaken and end the co-operative sector by handing over the co-operative banks to certain people.

The Reserve Bank of India (RBI) has taken steps to take over the appointment of members from co-operative banks. NCP’s Sarvesarva Sharad Pawar has criticized it.

Sharad Pawar said, this decision is against all cooperation. It is also dangerous in terms of the common man’s finances. Today, the RBI’s approach to co-operative banks is not right. It is the right of the members to hand over the co-operative banks to whom. Members decide who should be the director. Those who do not perform well are sidelined in the next election.

But now the RBI says we will appoint members to the co-operative banks. This means that even if a person is not a member of a co-operative society, we will appoint him to the co-operative banks, the RBI said. It is our right, the RBI is saying. In fact, it is a form of gradual weakening of co-operatives by putting the formulas of co-operative banks in the hands of certain people, he alleged.

I had proposed the 97th Amendment. I am not just a minister. A two-day conference was held between all the co-operation ministers and heads of co-operative banks in the country. His questions were understood. It was decided to amend the law by soliciting their suggestions. The 9% incident was an important part of the amendment. State governments have the right to assist in cooperation. But politically, I belong to a different party, and there are people from the other party on the bank, and I am in power. Charges were being laid behind them. The state governments were also doing such industries. It was capped by the 9% Amendment. The state government had decided on the modalities of intervention and protected the co-operative sector. Now, unfortunately, there is talk of thinking differently. However, he did not make a decision, he said.

Talk to Modi-Shah

Decision makers in this regard are sitting in the highest position. He has a sympathetic attitude towards cooperation. Pawar also said that an attempt will be made to get these banks out of this crisis by telling them this story. The formula for how much the government should intervene in the affairs of a co-operative bank should be decided. Discussions are underway at the state government level. He will also hold talks with Prime Minister Narendra Modi and Co-operation Minister Amit Shah at the Center. The co-operative sector will not prosper. I am confident that they will take care of this, said Pawar.

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