Uttarakhand Chief Minister Trivendra Singh Rawat today inaugurated the state's first women's branch of a co-operative bank here.
Congratulating the co-operative department for opening a branch handled exclusively by women, he said, "It is a matter of great happiness that a bank branch will be run by women only. It will definitely lead to good results as co-operative has a bright future."
The whole world is moving today either towards corporate or co-operative,he said after inaugurating the branch at Banjarawala tea estate here.
More From This Section
The chief minister said he wanted an all women's bank in every panchayat, block and town of the state.
However, expressing concern over skewed sex ratio in some districts of the state, he said female foeticide will stop only if the mothers were powerful.
"It is a matter of deep concern that skewed sex ratio prevails in some of our districts at a time when we are talking about women's bank, women's reservation and women's empowerment," Trivendra said.
Speaking on the occasion, state co-operative minister Dhan Singh Rawat said co-operative banks will provide a loan of Rs 1 lakh at 2 per cent interest for agricultural purposes and education loans at the rate of 8 per cent.
Disclaimer: No Business Standard Journalist was involved in creation of this content