Sahakar Bharati has submitted the Resolutions to the Union Finance Minister Nirmala Sitharaman, which was drafted in the National Conclave of DCCBs held under the aegis of Co-operative Development Forum (CDF) in March at the NCUI headquarters.
The resolution requests the Minister to set up a broad-based Committee of representatives of GOI, State Governments, NITI Aayog, RBI, NABARD, Federal Cooperatives and Co-operators to define the Roles of Co-operative Financial Institutions, particularly, PACs, DCCBs and State Co-op Banks.
Resolution which was unanimously adopted requested the Union Finance Minister that a National Policy be formulated to define the Roles of Co-operative Financial Institutions, particularly, PACs, DCCBs and State Co-op Banks to achieve rapid, equitable and sustainable growth of the Rural and Agricultural Sectors.
“Such a national policy will help achieve double income for farmers and make Bharat Atmanirbhar. It would also take Indian Economy to Five Trillion Dollar level”, notes the Resolution.
In a Press release sent to Indian Cooperative, Sahakar Bharati writes “We have also written to the Governor, Reserve Bank of India and the Chairman, NABARD, requesting them not to entertain any proposal for merger of DCCBs with State Co-op Banks till a National Policy is formulated and made operative.
“363 DCCBs are at the centre of the 3 Tier Rural Credit Delivery System and cover 6.93 lakhs villages through a network of 14,224 No of branches and 95,238 No of PACS in the Country. In the process, DCCBs through its branches and through PACs, cumulatively serve Banking and Financial needs of over 13 Crores Shareholders / Members”, the Resolution notes.
If DCCBs are disbanded, the new entity would not be able to meet the requirements of such a large body of Shareholders and hence, it is highly necessary that the middle Tier of DCCBs needs to be strengthened for achieving the twin objectives of Doubling Farmers’ Income and making India Atmanirbhar.
We are also separately writing to all Chief Ministers and Co-operation Ministers of all the States, requesting them not to consider any proposal to merge DCCBs with StCBs, said senior Sahakar Bharati leader Satish Marathe.
For follow-up action, we shall shortly constitute a National Committee to take up the issue with all concerned Institutions and Ministries at the levels of Center and States. We are also inviting DCCBs to join the National Committee to strengthen the Co-operative Movement to achieve rapid, equitable and sustainable growth of the Rural and Agricultural Sectors, he added.
National Conclave of DCCBs was attended over by 165 Chairmen, Directors, MDs, Administrators, Senior Officials of DCCBs from 13 States viz Madhya Pradesh, Uttar Pradesh, Bihar, Karnataka, Maharashtra, Gujarat, Uttarakhand, Punjab, Delhi, Kerala, Rajasthan, Odisha, Sikkim.
The Conclave was also attended by Chairmen / Directors of some State Cooperative Banks, besides many eminent Co-operators from various States. After detailed deliberations lasting over 5 hours, during which over 30 participants expressed their views.
