Tag: Credit Coops

3Mar

By Sahakar Bharati3451 Comments

Resolutions

National Executive Committee Resolution: Request to solve the Income Tax Problems related to Credit Co-operative Sector – Reg.

Resolution No 3 of the Executive Committee Meeting dated 27th and 28th February 2021 held at NCUI, Delhi. Resolution No 3 Sub: Request to solve the Income Tax Problems related to Credit Co-operative Sector - Reg. National Executive Committee of Sahakar Bharati resolves to extend heartfelt gratitude and appreciates Hon PM Shri Narendra Modiji & Union Finance Minister, Smt Nirmala Sitharamanji for their supportive steps to boost and encourage the CoOp Sector. "It is resolved that, Co-operative Institutions are working on the concept of mutuality having the membership of farmer community, middle and lower-class people of the Society. More than 8 Lakhs of Co-operative Institutions are working in India and More than 30 Crores people are engaged in the Co-operative movement of the...

Sahakar Bharati demands inclusion of co-operators in RBI’s EC

21Feb

By Sahakar Bharati2459 Comments

Press Statements

Sahakar Bharati demands inclusion of co-operators in RBI’s EC

Sahakar Bharati has hailed the decision of the Reserve Bank of India for the constitution of the Expert Committee (EC) for UCBs and has demanded to include co-operators in the Committee. In the messages sent by Sahakar Bharati, National General Secretary Uday Joshi, said, “Sahakar Bharati hails the constitution of Expert Committee (EC) for UCBs vide RBI Governor Statement dated 5th Feb 2021.” Sahakar Bharati had been constantly pressing for the constitution of the EC, particularly after the enactment of Amendments in the BR ACT & a fall in the number of UCBs across the country, added Joshi. However, Sahakar Bharati also expects the constitution of a broad-based EC which will consider important points for the overall development of the sector. The EC should have offic...