Question : COMPENSATION FOR LOSSES OF COOPERATIVE BANKS IN GUJARAT



(a) whether in Gujarat the losses of cooperative banks have been compensated by the Union Government;

(b) if so, the details thereof alongwith the reasons therefor;

(c) the amount compensated to each cooperative banks;

(d) whether the cooperative banks in other States will also be compensated;

(e) if so, the details thereof; and

(f) if not, the reasons therefor?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI ANANDRAO V. ADSUL)

(a) & (b) : Union Government has not compensated the losses of co-operative banks in Gujarat.

(c),(d), (e) and (f): Does not arise.