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Home From States

Centre grants Rs 900 crores to co-op sector in UP

Ajay Jha by Ajay Jha
July 13, 2012
in From States
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Cooperative sector of Uttar Pradesh is benefitting from the politics of give and take. The central govt is showing to be overly friendly to the new govt in Lucknow.

It has approved two big irrigation projects for the state with 90 percent central funding. Additionally, it has readily agreed to give Rs 900 crore to the cooperative sector in the state.

Sources say, many more projects are soon likely to be sanctioned by the center for UP.

However, the center acting as a munificent benefactor towards UP is being interpreted as a quid pro quo for the state’s ruling party
extending its political support to the Congress party at the center.

Tags: central fundingcooperative sectorirrigation projectslucknowpoliticsThe central govtUttar Pradesh
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