Why MP Sharad Pawar met PM Modi?
Dark days begins for NCP & Sharad Pawar
Co-operative banks will now be regulated by RBI. NCP is already up in arms but why is Sharad Pawar angry??
Silent dismantling of corrupt eco-system of co-ops & farm produce has started
Control of APMC over farmer produce and then the Co-operative sector was taken away from Congress & NCP
In large parts of Maharashtra, district co-op banks were controlling rural economy which was controlled by Congress & NCP.
Almost a third of India’s 1,500-plus urban cooperative banks are in Maharashtra — the state has 497 operational urban cooperative banks and 31 district central cooperative banks, with total deposits of Rs 2.93 lakh crore.
There is 31 district co-op banks & 300 agri produce market commissions in Maha
100% of these were under control of people associated with either NCP or Congress
Dist. Co-op banks control credit + money
APMCs control demand & supply of agri produce. Anyone who controls both was King of all he surveyed. It also ensured a huge vote bank in the rural sector
Entire socio economic center in rural Maharashtra runs around DCCB's, co-op mills, APMCs & credit societies
Instead of trying to control APMCs, CM Devendra Fadnavis removed control of APMC itself & this was an epic move
Co-op bank structure is 3 layered:
1) There is Urban Co-op banks & then there are District Co-op banks, both dominated by Congress & NCP
2) Above them there is a big boss called Maharashtra State Co-op Bank which has a long list of board of directors
Total 21: 12 members from DCCB's & 2 UCCB's & others nominee of state govt
New Structure: 6 from DCCB's, 6 from UCCB's and rest from state govt
Move: dilution of entire power structure
Congress & NCP leaders are crying hoarse over this move, now you know why the so called farmer leader threatened for a civil war in coming days
There are 300 APMCs almost all controlled by the NCP & Congress. Now, all are left staring at an uncertain future
New rule says farmers will elect directors who are from the same area of operation of APMC as against current rule under which directors were chosen indirectly by gram panchayat's & traders bodies
Second blow: Area of operation restricted to only market yard or sub yard which leads to removing stranglehold on trade & farmers
Spider web wiped out & now farmers set free from shackles of corrupt politicians
Final nail in the coffin: Any APMC which gets 30% arrivals from outside Maha is declared a Market of National Importance, for which the board is to be appointed by the state govt directly. No voting - nothing
Big Market = BIG MONEY
Who controlled -- Congress/NCP
Who lost -- Congress & NCP
Who will win? = Common man
The ecosystem which has been dismantled was the one where money was controlled by the corrupt politicians or their lackeys
Control gram panchayat & then take control over trade body. Use this to control APMC & money supply. Control that and you will find people coming to bank. Set up a bank and control that as well.