💨 Abstract

Maharashtra Chief Minister Devendra Fadnavis announced the formation of a committee to suggest changes to the Cooperative Societies Act and another panel to strengthen cooperative institutions. The state aims to allow well-performing cooperative banks to manage government accounts. Fadnavis highlighted support for self-redevelopment projects in the housing sector and potential support from the National Cooperative Development Corporation (NCDC) for financing these projects.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖