Madhya Pradesh Cooperative Department is working on developing a software to find frauds in the state district cooperative banks and their branches through technology.
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NAVAAS Will Transform Agri Scenario Of Madhya Pradesh 11 March 2021 2021-03-11T08:25:30+05:30 NAVAAS Will Transform Agri Scenario Of Madhya Pradesh outlookindia.com 2021-03-11T08:31:51+05:30
Madhya Pradesh is one of the progressive States for agriculture in India. The Government of Madhya Pradesh has launched the NAVAAS initiative for developing self-help technologies that benefit the small and marginal farmers. It focuses on development of tools and techniques suitable for small and marginal farmers, ensuring livelihood security, improving productive value of yield, generating value from crop residue, reducing weather change vulnerability, and conservation of natural capital. The
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Shri. Arvind Singh Bhadoria
Madhya Pradesh government is planning to present the Madhya Pradesh Cooperative Society (Amendment) ordinance 2021 in the upcoming Budget Session which would start from 22 February.
The amendment will bring about major changes in the operation of cooperative banks of the state and in loan recovery from farmers, according to media reports. These provisions will come into effect from 1st April, say sources.
Cooperative experts said that when the amendments are passed in the Assembly, the state government will not have to take permission of the RBI to open branches of cooperative banks. The officials of the cooperative department said the Central Government has amended the Banking Regulation Act, based on which the Cooperative Act is to be amended in the state.