Cooperators have reacted negatively to BJP President Amit Shah’s statement whereby he wanted cooperative banks to be part of the Pradhan Mantri Jan Dhan Yojna.
BJP president on Tuesday asked the co-operative sector banks of Gujarat to join the ‘Pradhan Mantri Jan Dhan Yojna’ and take up a movement to ensure that everyone in the state has a bank account.
Talking to Indian Cooperative C V Holkar, the former Director of Nafed and a veteran cooperator of Nashik said that the idea is sure to doom co-op banks for good. He said that the scheme places lots of financial burden on the banks which co-op banks are ill-equipped to bear.
Holkar said there are umpteen examples in which government not helped even with a dime to the ailing co-operative banks. Citing the latest case of NAFED he said government apathy in the matter is ruining the agri-co-operative to the point of no-return.
Holkar, who is in town to appear before the Additional Secretary in the lingering Nafed tie-up losses case said, the government is soft towards PSU’s banks but same is not true for the co-operative bank.
The idea of Jan Dhan Yojna floated by PM Iis going pretty strong. Within last 3 months, more than 5 crore bank accounts have been opened under this scheme.
On the contrary Amit Shah exhorted on Tuesday that the motto of co-operative movement is to make people self-reliant. I would like to urge GSC and other co-operative banks to join this movement and ensure that every poor, dalit and tribal in the state has his bank account,” he said.
USBs are indeed people’s banks. What is the idea of keeping them away from JAN DHAN? Is it that JAN DHAN will not permit laudring in which USB DIRECTORS are second to none?