HM calls for introspection by cooperative sector, assures Centre's support

Union Minister Amit Shah on Saturday said the cooperative sector in the country needs to introspect to improve its systems, and would receive full support from the Centre in this exercise. Speaking at the Sahkar Maha Conclave on Banking and Sugar Industry organised by media group Sakal, Shah also pointed to the drop in the number of cooperative sugar mills in Maharashtra and rise in the number of private ones. "As far as credit societies, urban banks and district cooperative banks are concerned, a lot needs to be done. We had a series of meetings with the Reserve Bank of India and I can say about the issues that were brought before me here on this platform, we will ensure all these institutions do not face any injustice," he said. Shah, who is the country's first Union Cooperation minister besides being the minister for Home Affairs, said he was aware of the problems plaguing these institutions, and also understands why they exist. "I will talk about Maharashtra since I am in ...