Home Minister Amit Shah, who is also the Union Cooperation Minister, inaugurated the NAFCUB-COOPKUMBH 2025 in New Delhi on November 11.

NAFCUB is the acronym for the National Federation of Urban Co-operative Banks and Credit Societies. Amit Shah has held the Union Cooperation portfolio ever since it was formed in 2021, and retained it when the NDA government embarked on a new term in 2024. This is a testament to his imagination and dynamism that has greatly helped to boost this sector.

The conference, inaugurated in New Delhi, was an international pitch on the future of India’s urban co-operative banking sector. The international co-operative movement likes to learn from each other’s initiatives and success stories.

The conference adopted a Delhi Declaration 2025, designed to serve as a guide for the expansion of Urban Co-operative Banking systems in India. The idea is to serve every town with a population of just 2 lakh people across the country within five years. This, while India has a population of more than 1.4 billion, the largest in the world.

The international co-operative movement, called the International Co-operative........

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