Ready to ease legal policies for co-operative sector: Bommai

Mysuru, November 21:- “The government is ready to ease the laws of the co-operative sector without affecting their functioning,” said Home and Cooperative Minister Basavaraj Bommai.

He was speaking at the 66th All India Co-operative Week 2019 at the Convocation Hall of Karnataka State Open University (KSOU) here organised in association with all cooperative unions of the state on Wednesday.

“Many multinational banks have gone bankrupt. Small banks of our countries too are facing challenges. This situation needs to be faced effectively. Co-operative sector and farmers can’t live an independent life if agriculture and rural sector are not given investment. The next budget will contribute to these sectors,” he assured.

“Co-operative sector should work beyond political parties and castes. Co-operative sector is controlling the government in Maharashtra and Gujarat. In other states, governments are controlling the cooperative sector. The co-operative sector stands on the ideologies of democracy and independence. The government should protect it,” the minister said.

MLAs GT Devegowda, SA Ramadass, L Nagendra, Mysuru Chamarajanagar District Co-operative Bank president GD Harish Gowda, District Co-operative Union president HV Rajeev and others were present. (MR/KS)

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