Cooperatives satisfied with the Centre’s decisions: FM

Pune: Union Finance Minister Nirmala Sitharaman said local cooperative sector representatives were “extremely satisfied” with the various measures taken by the Center on their behalf.

Those who exploited the cooperative sector for political purposes never thought of creating a separate ministry for it, and it was Prime Minister Narendra Modi who created the cooperative ministry, she told reporters. Saturday after concluding his three-day Baramati Lok Sabha tour. constituency in Pune district, Maharashtra. Baramati is notably the homeland of NCP leader Sharad Pawar, the former Union agriculture minister whose party has a strong presence in the cooperative sector. NCP leader and Pawar’s daughter SupriyaSule is currently a member of Baramati’s Lok Sabha.

Sitharaman said, “I had a meeting with representatives of different cooperative institutions such as banks and sugar factories (mills) and they are extremely happy and there was applause after applause for various measures taken such as the relief to be given to them, the tax concession which was extended, removing long-standing arrears from one of the cooperatives. They were all appreciated. Asked about her tour of the constituency, the minister indicated that she had held several meetings and gave an update on the implementation of the various central arrangements. When asked about the importance of Baramati for the BJP, she said that the purpose of her visit was to strengthen the organization of the party and to assess what remains to be done.

Regarding inflation, the Minister of Finance said that the government was constantly trying to control it. The rise in prices has been curbed thanks to the removal of import duties on edible oil and the import of pulses, she added.

Asked about the fight between the opposition and the ruling BJP in Maharashtra over the Vedanta-Foxconn project going to Gujarat, Sitharaman criticized the former government led by Uddhav Thackeray for blocking expensive projects such as the Nanar refinery. , Wadhvan Port, Metro Car Shed and High Speed ​​Train. The delay in the Mumbai Metro car shed project has caused a cost increase of Rs 4,000 crore, Sitharaman said.

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