To beat the adverse market conditions, Karnataka based SUCO Souharda Sahakari Bank has launched the ‘Start-up to Self-Employment’ scheme to develop start-up business which was affected during the Covid-19 Pandemic. The scheme was inaugurated by Karnataka Deputy Chief Minister Sri Ashwatha Narayana.
Talking to Indian Cooperative correspondent bank Chairman Mohit Maski said, “Under the Start-up to Self-Employment scheme, we have tied-up with three organizations and given a chance for people to start their own business. These are Bat Fly- Battery Refurbishing, Samvita- Primary Health Care Diagnosis Kit and NEERAW- Naturally Sourced Health Drink”.
“The Bat Fly scheme allowed the people to start the business of lead batteries which is the most commonly used medium of energy storage. For this, our bank has tied up with Bangalore based Banashree System Private Limited and offering an opportunity for entrepreneurs to open battery refurbishing points’ ‘, Maski added who has be
Arthritis and two “dodgy knees” were the main reasons behind John Liston’s move from dairying into suckling two years ago.
The Croom, Co Limerick farmer turned his dairy herd into organic production 20 years ago and was one of the founders of the Little Milk Company, which provides organic milk to cheese producers.
Their cheese has won numerous awards, including the prestigious Coup de Coeur in Paris and Gold in the World Cheese Awards in 2018.
However, John’s herd of Friesian and Jersey cows were turned into a 40-cow suckler herd to allow him to farm his 200 acres less labour-intensively.
By Satish Marathe
A. Licences for opening new UCBs have not been issued for almost 2 decades. At the same time, Licenses have been issued by RBI to variety of new Banks. Considering the continental size of the Country, the present number of UCBs is too small and several States and Districts do not have even a single UCB.
B. Committee to prepare Vision Document for Urban Co-Op Banks.
A broad-based Committee of Cooperators & Officials is constituted to prepare a Vision Document and a Roadmap with Landmarks for growth and development of the UCB Sector.
C. Credit Guarantee Fund Scheme –
Under the above Scheme, PSU Banks, Private Sector Banks, Foreign Banks, RRBs and even Small Finance Banks are eligible lending Institutions and they get cover under the Guarantee