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'Govt has taken several initiatives for the rejuvenation of the cooperative sector'

Govt has taken several initiatives for the rejuvenation of the cooperative sector

Kolkata: Chief Minister Mamata Banerjee took to Twitter on the occasion of International Day of Cooperatives on Saturday sending across a message on how her government has taken up several steps to revive the co-operative sector.

Banerjee tweeted: "Today is International Day of Cooperatives. Our govt has taken several initiatives for the rejuvenation of the cooperative sector. We have set up customer service points (CSPs) at cooperative societies in order to provide banking services in the remotest corners of #Bangla."

Providing banking services through co-operatives has been a major step in the rural areas where people hardly had a financial institution to borrow money during the previous Left Front regime. The move taken by the Mamata Banerjee government has brought a change in the socio-economic scenario in the villages. In order to ensure that villagers do not face any difficulties in borrowing money, steps to set up customer care points have been taken. The state Co-Operation department decided to set up 2,631 Customer Service Points (CSP), particularly in areas where there are no nationalised banks.

Banerjee had also instructed the Co-operative department to take bank services to areas which lack nationalised and private bank branches. Following her instruction, the department also set a target of constructing CSPs in 2,631 Gram Panchayat areas across the state. A sizeable number of CSPs has already come up in the offices of the co-operative societies with all facilities of a banking service branch. The state government has been spending Rs 15 lakh for each unit and the total cost has been earmarked at Rs 300 crore.

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