From Our Special Correspondent
Daijiworld Media Network

Bengaluru, Jan 4: Those in the cooperative institutions should strive for the welfare of farmers by functioning as cooperatives with efficiency and transparency. They should not try to become capitalists, Chief Minister Basavaraj Bommai said on Tuesday.

Participating in a function organised by Kalaburagi and Yadagiri District Cooperative Central Bank, he said, "My government will extend full cooperation for the growth of the cooperative sector. Cooperative sector should enter all the domains."

"Cooperative sector has become an integral part of people's life in Gujarat and Maharashtra. It should happen in our state too. The kind of loans and other facilities offered by cooperative banks to common man is not available in scheduled banks. It is an entirely special sector,’’ he said.

Praising Prime Minister Modi for making Home Minister Amit Shah as the Cooperative minister at the Centre with an objective to see the cooperative sector growing in all the domains. Cooperative sector would see a revolution in the country soon, Bommai said.

Lauding the performance of the DCC Bank, he said the Bank has shown wonderful dynamism. In the last one year it has disbursed loans to 1.26 lakh farmers with a total amount of Rs 500 crore. It is commendable that the bank intends to disburse another Rs 500 crore to 1 lakh more farmers by the end of March.