Summary:
Bengaluru, Apr 1 (PTI) Establishing the "Nandini Ksheera Samridhi Cooperative Bank" is a revolutionary initiative, which will provide greater financial strength for the milk producers, Karnataka Chief Minister Basavaraj Bommai said on Friday.
The Chief Minister was speaking after releasing the logo of the Nandini Ksheera Samridhi Sahakara Bank at a programme in which Union Minister for Home and Cooperation Amit Shah too participated.
"We all know the strength of milk producers in the cooperative sector.
The Milk Producers cooperatives have a turnover of about Rs 20,000 crore in various banks every day.
This is a special programme to establish their own bank which would provide greater financial aid for them and improve their economic condition," Bommai said.
The state government has decided to computerise all the Primary Agricultural Credit Societies (PACS), Bommai said.