Now is the time for reform of cooperative institutions, failing which it will be hard to keep alive for the future generation a sector so crucial for rural empowerment and agriculture, Union Cooperation Minister Amit Shah said in the city on Friday.
He was speaking at Sahakara Sammelana, where he also launched the logo of Nandini Ksheera Samruddhi Sahakara Bank , the cooperative bank of Karnataka Milk Federation.
Recalling how the first cooperative society was started in Gadag in 1905, he said the sector over a century old is in the need of a reboot. “We have to accept that corruption has crept into our sector, which we need to root out to regain our credibility. We need to bring in transparency in elections to societies, recruitments and purchase. We need to inculcate self-discipline,” he said addressing a large gathering of members of the cooperative movement of the State.
