Section

Gujarat government's 'Cooperation among Cooperatives' initiative to be rolled out in all 33 districts

By Economic Times - 2 months ago
The Gujarat government plans to extend the "Cooperation among Cooperatives" initiative to all 33 districts after a successful pilot in two districts. It aims to centralise bank accounts and deposits of cooperative societies for increased financial liquidity and loan accessibility. Over 4 lakh new accounts were opened, resulting in a significant boost of over Rs 966 crore in bank deposits. As many as 1,700 micro ATMs have been installed to enhance financial services at the village level.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.