Key Points

Gujarat CM Bhupendra Patel praised PM Modi and Amit Shah for revolutionizing the cooperative sector with farmer-friendly policies. He highlighted Kheti Bank's zero NPA record and digitization efforts as benchmarks for India. Patel noted how Gujarat's cooperative model is now inspiring global delegations. The event also honored district managers for their contributions to rural financial inclusion.

Key Points: Gujarat CM Bhupendra Patel Credits Modi for Cooperative Sector Reforms

  • Gujarat CM praises Modi's 'Sahkar Se Samridhi' vision for farmer empowerment
  • Kheti Bank maintains zero NPA for three consecutive years
  • 2 lakh PACS planned nationwide under Amit Shah's leadership
  • Delegations from Jordan, Palestine visit Gujarat's cooperative model
3 min read

Gujarat CM Bhupendra Patel applauds PM Modi's commitment to inclusive development, says new direction provided to cooperative sector

Gujarat CM applauds PM Modi and Amit Shah for transforming cooperative banking, aiding farmers with zero NPA and digitization.

"For the first time since independence, a dedicated Ministry of Cooperation has been formed to take Gujarat's cooperative model national. – Bhupendra Patel"

Gandhinagar, August 7

Gujarat Chief Minister Bhupendra Patel on Thursday applauding Prime Minister Narendra Modi's commitment to inclusive development stated that a new direction had been provided to the cooperative sector, stated a release.

Addressing the Acknowledgement Ceremony organised by the Gujarat State Co-Operative Agricultural And Rural Development Bank Ltd (Kheti Bank) in Gandhinagar, the CM stated that Gujarat's cooperative banks had set an example for the rest of the country, and Kheti Bank has earned the trust of farmers across the state.

CM Patel congratulated Kheti Bank for maintaining zero per cent NPA for three consecutive years and commended its efforts to simplify loan procedures, revise land valuations, and introduce policies that make loans easier and faster for farmers.

The CM further stated that Gujarat, which once led the non-cooperation movement during the freedom struggle, was now leading the cooperative movement under the guidance of Prime Minister Narendra Modi and Cooperation Minister Amit Shah.

"For the first time since independence, a dedicated Ministry of Cooperation has been formed to take Gujarat's cooperative model to the national level. The Prime Minister has provided a clear vision for the sector through the mantra of 'Sahkar Se Samridhi'. The Prime Minister has launched a movement to actively involve farmers, animal husbandry farmers, milk producers, and women in the cooperative sector," Patel said.

The CM mentioned that under the leadership of Union Cooperation Minister Amit Shah, a nationwide campaign is underway to boost the rural economy and create employment through the establishment of 2 lakh Primary Agricultural Credit Societies (PACS).

He also noted that key reforms in cooperative banking have strengthened public trust. Congratulating Kheti Bank for digitising all its branches and offices, he said that this step has increased transparency across the cooperative sector.

"Under Union Minister Amit Shah's leadership, all Gram Panchayats in the country have been linked with the cooperative network within just four years through strong coordination between the Centre and states," CM Patel said.

IFFCO and Gujcomasol Chairman Dilip Sanghani conveyed his gratitude to the Chief Minister for taking farmer-friendly decisions.

He said that cooperative institutions were not just profit-driven but had a responsibility toward social upliftment.

"As part of this vision, efforts have been made to open savings accounts swiftly using modern technology," Sanghani said.

He appreciated the progress achieved under the leadership of Prime Minister Narendra Modi and Amitbhai Shah through the Ministry of Cooperation and thanked the Chief Minister for sustaining a strong cooperative system in Gujarat.

Bank Chairman Dollar Kotecha also thanked the Chief Minister for approving Rs 102 crore in financial support to Gujarat's farmers through the Settlement and Saral Schemes.

He shared that delegations from Jordan, Palestine, Indonesia, and Sri Lanka had also visited and appreciated Kheti Bank, a matter of pride for the state.

During the event, the Chief Minister and dignitaries felicitated district-level managers and directors for their exemplary work in disbursing accident insurance assistance to families of deceased members, and for their efforts in loan distribution, recovery, and opening new savings accounts.

The Chief Minister also extended his best wishes to Kheti Bank's brand ambassador, Nirmaben Thakor.

On behalf of the bank, she was also presented with air tickets, the national flag, and a sports kit to support her participation in the upcoming Moscow Marathon in Russia.

Also present at the event were Gandhinagar North MLA Smt. Ritaben Patel, Cooperative Cell Convener Bipinbhai, Bank Vice Chairman Jivanbhai Ahir, Gandhinagar City President Ashish Dave, along with Kheti Bank leaders and member farmers from various districts.

- ANI

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Reader Comments

P
Priya N
As a farmer's daughter from Mehsana, I've seen how Kheti Bank's simplified loans have helped our family during tough times. But I hope these benefits reach small farmers in tribal areas too. #InclusiveGrowth
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Amit K
While the achievements are commendable, I wish the article had more details about interest rates and repayment terms. Transparency is key to building lasting trust in cooperative banks.
S
Shreya M
Gujarat's cooperative model is inspiring! 🇮🇳 The digitization of branches is a game-changer - no more waiting in long queues for farmers. Hope other states learn from this success story!
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Varun P
Good initiative but implementation matters most. In my village, some farmers still struggle with paperwork despite 'simplified procedures'. Ground reality should match the announcements.
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Nisha R
Proud moment for Gujarat! The fact that international delegations are studying our cooperative model shows we're on the right path. Kudos to all the hardworking bank staff and farmers behind this success 🌾

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