Welcoming the Union Budget 2021 presented by Union Finance Minister Nirmala Sitharaman, Nafcub President Jyotindrabhai Mehta has particularly hailed the announcement made by the minister on making a Separate Administrative Structure to streamline the ‘Ease of Doing Business’ for Cooperatives.
“It is a long pending demand of the cooperative sector which is being fulfilled by the Honorable Finance Minister. We are very thankful and this announcement will strengthen the cooperative sector”, he added.
Mehta also reacted to the statement on Amendments to the DICGC Act, 1961, to help depositors get easy and time-bound access to their deposits to the extent of the deposit insurance cover.