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.