Latest news with #CooperativeDepartment
Hans India
16-07-2025
- Business
- Hans India
Rajasthan: Over 8,000 youth to get appointment letters in job festival tomorrow
Jaipur: In a major push to boost rural empowerment and youth employment, the Cooperative and Employment Festival is set to take place on Thursday in Dadiya village of Rajasthan's Jaipur district, marking the celebration of International Cooperative Year 2025. The event will be held in the presence of Union Home and Cooperative Minister Amit Shah and Chief Minister Bhajan Lal Sharma, who will unveil a series of transformative initiatives for Rajasthan. More than 8,000 youth will receive appointment letters under the ongoing Rozgar Utsav, reflecting the state government's commitment to mass employment generation under the leadership of CM Sharma. A major highlight of the programme will be the launch of the White Revolution 2.0 primary dairy cooperative societies (PDCS) online registration platform, aimed at strengthening the dairy cooperative network by simplifying the registration process for primary dairy cooperative societies. In a step towards financial inclusion, 2,346 micro ATMs will be distributed to milk-producing cooperative societies, along with the disbursement of Rs 12 crore in loans to around 1,400 beneficiaries under the Gopal Credit Card Scheme. Union Minister Amit Shah will also inaugurate 24 modern warehouses under the world's largest food storage scheme and open 64 millet outlets to promote Shri Anna, in line with the government's nutritional mission. Further boosting infrastructure, 100 new police vehicles, including troop carriers and training vehicles, will be flagged off to strengthen law enforcement capacity across the state. Union Minister Amit Shah will also visit an exhibition showcasing the milestones and innovations of the Cooperative Department, underlining Rajasthan's progress in cooperative-led development. With a focus on prosperity through cooperation, this festival is poised to empower farmers, youth, women, and rural communities alike -- ushering in a new era of inclusive growth and grassroots transformation, officials said.
The Hindu
27-06-2025
- Politics
- The Hindu
Farmers plan large-scale participation in hunger strike on July 10 in Chennai opposing system of crop loans based on CIBIL report
Farmer organisations in Western region are apparently mobilising large-scale participation in the the hunger protest by like-minded entities on July 10 in Chennai opposing the insistence on CIBIL report by the Cooperatives Department for sanction of fresh loans for Kisan Credit Card holders. According to the leaders of the farmers' organisations, 80 per cent of the farmers are unable to secure crop loans and financial assistance for livestock rearing from cooperative societies due to the insistence on CIBIL report. According to Eesan Murugasamy, founder, Tamil Nadu Farmers' Protection Association, the circular issued by the Cooperative Department on May 26 stating that the CIBIL report would be checked for farmers seeking crop loans from cooperative societies had to be withdrawn. Farmers across Tamil Nadu are facing severe difficulty in getting crop loans from cooperative societies, also because of the pre-condition that they must not have availed themselves of loans earlier from nationalised banks. The cost of cultivation being higher in Tamil Nadu when compared to other States, the farmers are left with no option but to get loans from the Cooperative banks as well as nationalised banks to cover the entire expenses. Due to the unfavourable conditions, farmers who had taken loans in the past have not been able to repay the dues in time. The inability to repay education loans and crop loans had inevitably lowered their CIBIL score. The farmers have conveyed to the government that they decided to sustain their protests beyond July 10 if a solution was not found.
Business Standard
21-06-2025
- Business
- Business Standard
Atishay bags Rs 59 lakh contract from Alwar Central Cooperative Bank
Atishay announced that it has received a work order worth Rs 59.22 lakh from the Alwar Central Cooperative Bank, under the Cooperative Department, Alwar, Rajasthan. The scope of the work order includes the supply, installation, commissioning, and maintenance of micro ATM devices for primary agricultural credit societies (PACS). The orders are to be completed by 18th July, 2025. The total value of the contracts is Rs 59.22 lakhs, inclusive of all applicable duties and taxes. The promoter/promoter group/group companies do not have any interest in the entity awarded the orders. Furthermore, the orders do not fall within related party transactions, as per the information provided. Atishay is primarily engaged in the business of information technology, database management, software development, e-governance, and retail fintech services. The companys standalone net profit slipped 6.34% to Rs 2.36 crore in Q4 FY25 as against Rs 2.52 crore posted in Q4 FY24. Revenue from operations tanked 26.50% to Rs 12.84 crore in Q4 FY25, compared with Rs 17.47 crore posted in Q4 FY24. The scrip rose 0.18% to settle at Rs 139.25 on Friday, 20 June 2025.
The Hindu
05-06-2025
- Business
- The Hindu
Urban cooperative banks in Tiruchi district yet to join UPI system
The urban cooperative banks in the district are yet to join the Unified Payments Interface (UPI) system. The system enables customers to make payments using UPI IDs and use mobile applications to transfer/receive cash instantly. It will enable IMPS that can be operated via net banking or mobile banking. It helps the customers to store details of the receivers so as to make payment instantly. There are seven urban cooperative banks in the district. Except for the Tiruchi District Central Cooperative Bank (TDCCB), others are yet to join the UPI system. In the absence of it, customers, similar to the traditional system of banking, have to visit their respective branches to make payments, thereby causing inconveniences to them. 'Most of the banks had embraced the UPI system. Urban cooperative banks have a huge number of customer base. A large number of customers still impose faith in cooperative banks. However, they have not updated to the UPI system, thereby forcing us to visit the banks for transactions. It consumes precious time of the customers. ' says a retired senior official of the Cooperative Department. He said the UPI had made a significant change in the banking operations. It would save time and energy not only for the customers but also for the employees of the banks. It was time to connect all urban cooperative banks with the UPI system. Further delay would lead to decrease in the customer base. UPI coming A senior official of the Cooperative Department told The Hindu that the department had taken steps to bring all cooperative banks in the State under the UPI system. It will be done soon.
