Archive · 29 Jul 2026
Amit Shah inaugurates Jamnagar Cooperative Bank HQ
Amit Shah, the Union Home Minister, recently inaugurated the new headquarters of the Jamnagar District Cooperative Bank in Gujarat.
This new building, called Sahakar Bhavan, cost about Rs 25 crore to build and is very modern.
The bank started small in 1969 but has grown a lot since then.
The Indian government has also created a new ministry called the Ministry of Cooperation to help cooperative societies, like banks and dairy groups, work better.
This ministry was made to give these societies better rules and support.
Shah said that new societies and better technology will help farmers and the rural economy in the future.
Union Home Minister Amit Shah inaugurated the new headquarters of Jamnagar District Cooperative Bank in Gujarat.
The new building, Sahakar Bhavan, cost Rs 25 crore and is equipped with state-of-the-art technology.
The government established the Ministry of Cooperation in 2021 to strengthen the cooperative movement in India.
Over two lakh new primary agricultural credit societies (PACS) and dairy cooperative societies have been established.
The cooperative sector is being modernized with online audit systems and better connectivity between institutions.
- Who
- Union Home Minister Amit Shah and Gujarat Chief Minister Bhupendra Patel
- What
- Inauguration of the new headquarters of Jamnagar District Cooperative Bank
- When
- July 28
- Where
- Jamnagar, Gujarat
- Why
- To modernize and strengthen the cooperative movement in India.
Government Perspective
Opposition Perspective
Impact of New Cooperative Ministry
Government Perspective
The establishment of a separate Ministry of Cooperation has infused new energy and momentum into the cooperative movement, strengthening the rural economy and farmers' prosperity.
Opposition Perspective
Critics argue that the creation of a new ministry is a political move rather than a substantive step towards improving the cooperative sector.
- Ministry of Cooperation
- Established in 2021 to provide a separate administrative, legal, and policy framework for the cooperative movement in India.
- Jamnagar District Cooperative Bank
- Started in 1969 with a capital of Rs 2.5 lakh, now has a business of over Rs 215 crore.
- Sahakar Bhavan
- New headquarters of Jamnagar District Cooperative Bank, constructed at a cost of Rs 25 crore.
- Primary Agricultural Credit Societies (PACS)
- Over two lakh new PACS and dairy cooperative societies established to strengthen the rural economy.
- Technology Integration
- Audit system of cooperative institutions has been taken online, and cooperative institutions are being connected with one another.