Cooperative Bank Loan Disbursal Crosses Rs 23,000 Cr In 8 Years In UP

Lucknow:Uttar Pradesh Chief Minister Yogi Adityanath on Monday termed the rise in cooperative bank loan disbursal to over Rs23,000 crore in eight years as a “remarkable achievement” and underscored the role of cooperatives in empowering farmers and realising the vision of a self-reliant rural economy.

“Only through cooperatives, the dream of a self-reliant farmer can be realised. Rise in cooperative bank loan disbursal to over Rs23,000 crore in eight years is a remarkable achievement,” the Chief Minister said while directing officials to roll out the Mukhyamantri Krishak Samriddhi Yojana, aimed at increasing the income and economic empowerment of small and marginal farmers in the state. Chairing a high-level review meeting of the Cooperation Department, Adityanath called for enhanced participation of NABARD and cooperative banks in the proposed scheme. He said the scheme must be implemented in a time-bound and effective manner, with an emphasis on modernising cooperative bank branches and ensuring easy access to affordable credit for farmers.

The Chief Minister also stressed the need for a detailed project proposal to be prepared and submitted at the earliest. Reviewing the overall performance of cooperative institutions, he directed that transparency, efficiency, and farmer income enhancement must remain key priorities. According to data presented during the meeting, the Uttar Pradesh Cooperative Bank Limited's loan disbursement rose from Rs9,190 crore in 2017 to Rs23,061 crore in 2025, while net profit touched Rs100.24 crore.