There have always been questions over who controls cooperative banks in India, states or the Centre. The ordinance empowers RBI to intervene in failing banks.
The govt decision assumes significance amid lakhs of depositors facing problems after a scam in the multi-state Punjab and Maharashtra Cooperative Banks.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
The coop banks must be taken to task ….. Lacs of common people have lost crores of money becuz of money swindling by these bank management…These criminals shd be brought to justice… If u call it operation kamal so be it… Nothing wrong in kicking out mva govt the basis of which is corruption…
The coop banks must be taken to task ….. Lacs of common people have lost crores of money becuz of money swindling by these bank management…These criminals shd be brought to justice… If u call it operation kamal so be it… Nothing wrong in kicking out mva govt the basis of which is corruption…
What if the ordinance/law of dual control made ineffective by unscrupulous by making co-op Banks useless and start society’s under state control. It is a possibility.
This article is based on some trivial implication of otherwise a long awaited reform in the Banking sector. In fact, cooperative banks should be ideally closed down and converted into regular banks once for all. Similarly, cooperative sugar mills needed to be closed down or we need reforms in sugar policy that decontrols sugar production completely. In fact, India should not produce so much of sugar and rather import it and use the sugar cane for ethanol or use land for some other less water guzzling crop; it will be far more efficient. Of course, if all agriculture subsidies are merged into DBT, many issues relating to agriculture would vanish. All of these are common sense issues and have been pending for years as they have been blocked by the politicians due to their vested interest.
It looks like DK is joining the Jyoti-Ruhi-Naynima etc camp!
Isnt this blatantly corrupt? Didnt it deserve a bit more commentary? “Prithviraj Chavan government had stopped the practice of the state government becoming a guarantor for loans given by cooperative banks. Devendra Fadnavis government carried on with the same policy. It has been overturned by the Uddhav Thackeray regime. The state government has now given guarantee for loans worth Rs 80 crore to two sugar mills in Sholapur and Pune, patronised by an NCP and a Congress MLA, says MVA insiders”
The coop banks must be taken to task ….. Lacs of common people have lost crores of money becuz of money swindling by these bank management…These criminals shd be brought to justice… If u call it operation kamal so be it… Nothing wrong in kicking out mva govt the basis of which is corruption…
The coop banks must be taken to task ….. Lacs of common people have lost crores of money becuz of money swindling by these bank management…These criminals shd be brought to justice… If u call it operation kamal so be it… Nothing wrong in kicking out mva govt the basis of which is corruption…
In politics this sorts of games are not new ruling party always search some way to dig scams of the opposition this is a never ending story
What if the ordinance/law of dual control made ineffective by unscrupulous by making co-op Banks useless and start society’s under state control. It is a possibility.
First, a brilliant analysis as always by DK and second a master stroke by the BJP
This article is based on some trivial implication of otherwise a long awaited reform in the Banking sector. In fact, cooperative banks should be ideally closed down and converted into regular banks once for all. Similarly, cooperative sugar mills needed to be closed down or we need reforms in sugar policy that decontrols sugar production completely. In fact, India should not produce so much of sugar and rather import it and use the sugar cane for ethanol or use land for some other less water guzzling crop; it will be far more efficient. Of course, if all agriculture subsidies are merged into DBT, many issues relating to agriculture would vanish. All of these are common sense issues and have been pending for years as they have been blocked by the politicians due to their vested interest.
It looks like DK is joining the Jyoti-Ruhi-Naynima etc camp!
Isnt this blatantly corrupt? Didnt it deserve a bit more commentary? “Prithviraj Chavan government had stopped the practice of the state government becoming a guarantor for loans given by cooperative banks. Devendra Fadnavis government carried on with the same policy. It has been overturned by the Uddhav Thackeray regime. The state government has now given guarantee for loans worth Rs 80 crore to two sugar mills in Sholapur and Pune, patronised by an NCP and a Congress MLA, says MVA insiders”