Sahakar Bharati founder member Satish Marathe hailed Union Home and Cooperation Minister Amit Shah’s decision of covering every district in the country with a viable District Central Cooperative Bank.
Thanking Shah, Marathe wrote on his facebook wall, “Thank you Sh Amitbhai Shah, Union CoOp & Home Minister for accepting the long pending demand of Sahakar Bharati to set up District Central CoOp Bank in each District”.
“It will give a boost to the rural economy and result in higher income levels for all sections of the Society”, he added.
While replying to a query in Rajya Sabha, Amit Shah said, the Ministry of Cooperation has taken up an initiative to cover every district in the country with a viable District Central Cooperative Bank (DCCB) and a viable district milk producers’ union.
In this regard, the Ministry has requested NABARD to prepare a scheme/action plan for opening of new DCCBs in uncovered districts for complete coverage of cooperative banks.