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Mehta Panel races towards landslide victory

Credit Co-ops: Joshi & Patel win unopposed

Ajay Jha by Ajay Jha
February 2, 2019
in Banks
2
NAFCUB gears up to elect a new board
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Though the formal voting is to take place tomorrow on Sunday, the results of NAFCUB elections are clear to many. With the unopposed victory of two seats from credit co-ops coming to the kitty of the Jyotindra Mehta panel, the results are writ large on the walls, say Mehta’s supporters.

Two seats in credit co-ops have been won unopposed by Kantibhai Patel from Gujarat and Uday Joshi from Maharashtra. Both of them belong to Mehta’s panel.

Earlier, the Mehta Panel won all the nine Federation seats that included 1. H K Patil (Karnataka Federation) 2. Jyotindra Mehta (Gujrat Federation) 3. Vidyadhar V Anaskar (Maharashtra Federation) 4. K. K. Sharma (Punjab Federation) 5. Rambaboo Shandilya (Jharkhand Federation) 6. Mudit Verma U. P. Federation) 7. Lakshmi Dass (Delhi Federation) 8. A. K. Jayavarma (Kerala Federation) 9. V. Narsimha Reddy (Telangana Federation).

Now there are seven seats left from banking constituencies which will go to polls tomorrow. In total there are 389 votes. State wise votes breakdown is : Andhra-37, Telangana-36, Gujarat-60, Karnataka-87, Maharashtara-67, West Bengal-27, UP-41, Delhi-10, Rajasthan-7, Assam, Haryana and Punjab 2 each and Uttarakhand, Himachal, Bihar and J&K have 1 votes each.

I can assure you that we are going to have a landslide victory, claimed Jyotindra Mehta, Saturday morning on the phone. He is camping in the NCUI hostel in Delhi for the past 3 days overseeing the preparations for the elections.

The major difference between them and us is that we are fighting for the entire panel and they are fighting individually for themselves, says Mehta. Indian Cooperative has leant that appeals to voters made by the likes of Ramesh Bung or Raghvendra Rao or Mukund Abhyankar are limited to seeking support for themselves not for the panel, which is in a sharp contrast to the campaigning style of the Mehta panel.

Besides, the preparations for the election started 4-5 months in advance with clearances of dues, resolutions in support of candidates and finally the nominations. “Any panel which is floated at the time of election and with a sense of vengeance, fails to prepare well in advance; this is why Abhyankar’s Panel has such a poor show so far”, said several cooperators.

The fact that somebody from the Jyotindra Mehta Panel is going to be the next President of NAFCUB is a fait accompli. Even in the worst case scenario the Abhyankar panel winning all the seats tomorrow, the majority still remains with the Mehta panel.

“Our next tenure would ensure two things- Umbrella for UCBs and a fight against bids to privatize UCBs”, said Mehta upbeat about good news coming from various quarters.

Tags: cooperativeKantibhai PatelNAFCUB electionsUCBsUday Joshi
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Comments 2

  1. K. G. CHAVDA (proudly R.N.S.B) says:
    7 years ago

    Many many congratulations to jyotindra Mehta and his panel.

  2. Bhanudas salgude patil says:
    7 years ago

    Coop industry in maharadhtra r in doldrum

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