While inaugurating the first all-women branch of the District Cooperative Bank ltd at Banjarawala on Wednesday, Chief Minister Trivendra Singh Rawat said the entire State is looking forward to the all-women branch of the bank with huge expectancy.
“We are sure it would herald a new era in the realm of cooperatives,” a visibly elated CM said, adding that the future of the cooperatives is very bright in the State.
CM hailed the role of the cooperatives, saying that the whole world is headed towards the cooperative movement nowadays. “Our cultivation has also remained based on the principle of cooperatives. We have to maintain the age-old tradition of the cooperative mode of farming. Our ancestors were very hard-working while setting great store by the cooperative farming,” he said.
While wishing the employees of the newly inaugurated all-women branch, CM said now the onus of proving their worth is lying on them. “The State Government on its part is focusing on establishing all-women branches at the panchayat, block, tehsil and the city levels,” he added.
The State Cooperative Minister Dhan Singh Rawat said the State Government had given Rs 45 crore for the cooperatives. “We have decided to keep Rs 1,000 crore in the scheduled banks,” he said, adding loans up to Rs 1 lakh will be provided at two per cent interest rate by the cooperative banks. “The farmers can avail the loan for value addition of their produce or for their livestock too,” he said.
