”This is an age of technology and therefore embracing technology by credit societies is in consonance with modern times; even Prime Minister Narendrabhai Modi, keeps emphasizing the importance of technology in order to boost the economy of the country”, said Ghanshyambhai Amin while speaking on the occasion of the 20th Annual General Meeting of Gujarat State Co-operative Credit Societies Federation.
The AGM was held last week in the auditorium of Gujarat State Co-operative Union in Ahmadabad. Presiding over the AGM Amin said “Co-operative Credit Societies will have to embrace technology to meet the demands of the times.
On this occasion, Amin also shared his experience of a banking seminar that he attended recently at Stockholm, Sweden under the aegis of COBI. “Two experts of the banking sector of Sweden informed us that now they do not require to open any new branch of bank because cent percent transactions are cashless. People have adopted mobile banking and they never visit their bank branch”, Amin informed the gathering used to manual banking operations for ages.
“We have to follow Cashless Transactions and online Mobile Banking in letters and spirits. We will have to bring awareness about the technology amongst the members of co-operative Credit Society”, concluded Amin.
Earlier in March, Gujarat State Cooperative Union had organised a state level Cooperative convention on the theme of Digital Technology and Cashless Transactions which was inaugurated by Vijay Rupani, Chief Minister of Gujarat. Several VIPs including Nitin Patel Deputy Chief Minister, Parasottam Rupala, Union Minister of State for Agriculture, ShriIshwarbhai Patel Minister of Corporation of Gujarat , among others, had participated. Also more than 5000 co-operators took part in the event, claims a press release.
On the occasion, Maheshbhai Patel, Vice Chairman of Federation was felicitated by Amin with bouquet and shawl on his election as Director in Gujarat State Cooperative Marketing Federation and also as Director in Gujarat State Handloom, Handicraft and Industrial Cooperative Federation.
The agenda of meeting was approved by AGM as proposed by Dushyantsingh Vaghela, Chief Executive Officer of the Federation. As the Federation is not having its own building, Chairman of the Federation appealed to credit societies to generate fund so that activities like training etc could go on unhindered.
Jivrajbhai Godhani, Vice Chairman of Federation welcomed the invitees at the meeting and a vote of thanks was proposed by Mahesh Patel, Vice Chairman of the Federation. Alpesh Raval, Co-operative Education Officer of Gujarat State Cooperative Union anchored the meeting.