The enhanced budget helps, but internal stock-taking and preliminary steps have to be taken before the tagline Sahkar Se Samriddhi—from co-operation to prosperity—becomes a reality.
At Cooperative Chintan Shivir in Delhi, Yadav stressed on financial and digital literacy, calling upon Institute of Chartered Accountants of India to take lead at grassroot level.
The stand taken by senior Congress leader Rajanna contrasts with Rahul Gandhi's allegations, holding the BJP solely responsible for the alleged voter list manipulations.
Gujarat’s urban cooperative banks have been making headlines for the wrong reasons, and many have been slapped with RBI fines for lending to own directors or their relatives.
Some argue that India must adopt a system like Israel, Netherlands and Japan, where the cooperative movement is strong but there is no ministry for it.
Govt said the Ministry of Cooperation will provide a separate administrative, legal and policy framework for strengthening the cooperative movement in the country.
UCBs accounted for 1.8% of total industry credit in September 2025—down from 2.2% five yrs ago—showing that they are losing ground to faster PSU banks.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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