He emphasized that urban cooperative banks are becoming a medium for providing support to small traders, the middle class, small businesses, and vulnerable sections, offering them self-employment opportunities.
In a landmark decision, Centre has announced wide-ranging reductions in Goods and Services Tax (GST) across key sectors that directly impact cooperatives, farmers, rural enterprises and benefit more than 10 crore dairy farmers in the country.
The step is aimed at facilitating cooperatives to connect to new age customers through new age technologies.
