On the completion of the first 100 days of his government, Uttar Pradesh Cooperative Minister JPS Rathore shared details about the future goals, targets and present achievements for strengthening the cooperative
A major reshuffle has been done in the portfolios of officials of the cooperative department of Uttar Pradesh. Arvind Kumar Singh has been given the charge of MD UP State Construction Cooperative Federation (PACKFED). Earlier, he was the Managing Director of Sahkari Gram Vikas Bank. The department has appointed Rajesh Kumar Kulshrestha, Additional Commissioner and […]
Balmiki Tripathi, a leader associated with the BJP cooperative cell, and Ramshankar Jaiswal, former Chairman of Sahakar Bharati UP Chapter, have been elected unopposed as the Chairman
BIJNOR: A co-operative bank has sent out notices to over 5,000 farmers in Uttar Pradesh’s Bijnor district for allegedly defaulting on loan payments, a precursor before the lender seizes the agricultural lands the growers had mortgaged, reports Harveer Dabas. According to UP Sahkari Gram Vikas Bank, as many as 5,116 farmers owe around Rs 32 crore to it. Assistant registrar of the bank Amit Tyagi said, “There are 5,116 defaulters who had taken loans. The bank has served notices to them.”
A look at these farmers’ profile revealed that most of these “defaulters” are sugarcane growers. And for the last several months, they have been waiting for the sugar mills to clear their dues. Officials said that the mills are yet to pay Rs 350 crore to farmers for the previous season’s crop they had purchased. When asked about this season’s payments, the mills said they are yet to calculate it due to the delay in the announcement of State Advisory Price (SAP).