The Global News Hub for Co-operatives
20 June '13

Content about Prakash Bakshi

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Global NewsNABARD Chief Bakshi under cloud

One of our readers has sent us the following piece on Nabard Chief Prakash Bakshi. Since Indian Cooperative aims to be a transparent platform for unedited views we produce below his submission after verifying that indeed such stories have come up in the daily The Hindu-Editor Dear Editor, I whole heatedly appreciate the service rendered by Indian cooperative in rooting out corruption from the domain of coops. In support of my comments on the speech of Praksh Bakshi, the chairman of Nabard, I ...

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Global NewsBakshi heads cooperative credit panel

RBI has formed an expert committee to do a thorough and detailed analysis of short term cooperative credit structure (STCCS) and suggest ways and means of making available agricultural credit at low cost. The apex bank has undertaken this initiative in accordance with its Annual Policy declared for 2012-13. Mr. Prakash Bakshi Chairman, Nabard heads the committee. Apart from examining STCCS, the committee would also examine the role of the state and district central cooperative banks in the ...

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Global NewsPrakash Bakshi heads Cooperative Credit Panel

The RBI has been exercised by the existing weak rural cooperative credit structure in the country. The three tier structure-State Cooperative Bank,District Cooperative Bank and PACS may go for a revamp. RBI has formed a committee headed by Nabard Chairman Prakash Bakshi and given it the required authority to re-examine the Short Term Credit Structure (STCCS) and offer a slew of suggestions for making major improvements in rural credit delivery system. According to the RBI release, the committee ...

(0)Agriculture, Banking and Insurance, Co-operatives, Global Affairs, Development, Democracy, Global News, Society

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Global NewsIYC: Awasthi moots idea of Cooperative Exchange

The inaugural session of the International Cooperative Conference went off as planned with the high and mighty of the land assembling on the occasion at Manekshaw Centre in N Delhi on Wednesday. President of India Pratibha Devisingh Patil, Union Agriculture Minister Sharad Pawar, State Minister Harish Rawat, foreign delegates, IFFCO’s Chairman and Managing Director were vying for space on the dais. An array of speakers touched upon the various aspects of cooperative movement. If ...

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Global NewsUP: Prakash Bakshi meets Akhilesh on Co-op Banks

At his recent meeting with Nabard Chairman Prakash Bakshi in Lucknow UP Chief Minister Akhilesh Yadav urged him to lift ban on the unlicensed district cooperative banks in the state and permit them to work as they did in the former times. Mr Yadav told Nabard chief the interests of farmers and rural development were his govt’s major priorities and he would do his best to achieve them. Chief Minister also urged Nabard to make funds available as recommended by the Vaidyanathan Committee to ...

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Global NewsNABARD is short of fund

Nabard strapped for fresh capital for managing things that need to be dealt with from 2012 to 17 has demanded Rs 5000 crore from the govt of India. Chairman Prakash Bakshi has informed the press that Nabard aims to fund cooperative societies, agriculture and various rural development schemes over the next years. As Nabard’s borrowing capacity is nearly exhausted, it urgently needs extra capital. Over the last year its performance has been less than expected as its net profit reduced in ...

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Global NewsCooperative leaders should introspect :NABARD Chairman

Delivering the 16th Vaikunthbhai Mehta Memorial Lecture in Delhi on Monday organised by the National Cooperative Union of India Dr.Prakash Bakshi, Chairman of NABARD said that the role of cooperative leaders assumes added importance in present times when the cooperatives are facing rough weather. Strengthening PACS is of paramount importance. Cooperative leaders should make it truly operational and democratic in a manner that it proves to be a one stop center for solving all kinds of need ...

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Global NewsNCUI: Vaikunthbhai Mehta Memorial Lecture today

The National Cooperative Union of India is organizing 16th Vaikunthbhai Mehta Memorial Lecture today  in NCUI Auditorium in New Delhi. Shri Vaikunthbhai Mehta was the doyen of the Indian Cooperative Movement who assiduously advocated the cooperative ideology throughout his life. In recognition of his services, NCUI has instituted Vaikunth Bhai Mehta Memorial Lecture which is held every year since its institution. This year Dr. Prakash Bakshi, Chairman, NABARD is delivering memorial ...

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