Punjab Chief Minister has called for modernization of the cooperative banks in the state through the application of core banking solution and provision of ATM services so they could compete with the commercial banks.
Lamenting a serious shortage of manpower weighing down the department of cooperation in Punjab, Chief Minister Prakash Singh Badal has ordered a large scale recruitment drive in the cooperative sector.
Informed sources claim a couple of thousands of people would soon be appointed at various levels in the cooperative dept. and in the cooperative organizations of the state.
A source close to the Punjab govt. says Chief Minister Prakash Singh Badal is showing a big dollop of interest in the cooperative sector as he deems it basic to a rapid economic growth in Punjab.