MP CM gives Rs 3000 cr to boost co-op banks’ liquidity

Pioneer reports, in his Independence Day message MP Chief Minister Kamal Nath said a scheme of Rs 3000 crore will be launched to boost Cooperative Banks’ capital liquidity. An amount of Rs. 1000 crore has already been sanctioned, Kamal Nath said.

Indulging in self-congratulation, the chief minister counted things his government has done within a short time including waiving off 20 lakh farmers’ crop loans.

The Chief Minister added that he would organize an event in October to attract investments so that a rapid industrialization of the state could be made possible.

Kamal Nath said a special package will soon be announced to strengthen the power loom sector.

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