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amalgamation of rrbs 2012

Pandemonium breaks out as microphone mutes Mamata

Chief Minister Mamata Banerjee could not speak for more than ten minutes at a public rally in Berhampore on Wednesday as the public address system stopped working and the unruly crowd raised a din. The chaos reached to such a state that the chief minister left the rally in disgust.

Banerjee, who is on a five day tour to the districts, was scheduled to hold a public meeting in Berhampore, a Congress stronghold. As the Chief Minister, this was her first meeting in the Congress-dominated Murshidabad district.

The assembled crowd turned unruly after Banerjee started speaking. However, after speaking for ten minutes, the microphone stopped working. At one stage, the unruly mob started throwing chairs on each other.

It was learnt that a section of the crowd disconnected the wires. While senior Trinamool Congress leaders alleged sabotage to create problems at the Chief Minister’s rally, local Congress MP and CM’s bete noire Adhir Choudhury demanded “proper investigation” into the incident.

But within first 10 minutes of her speech, Banerjee announced a slew of projects for the districts including 121 drinking water projects worth Rs 700 crores, three multi-speciality hospitals, ITIs and polytechnic colleges.

Choudhury, however, accused Mamata of taking credits for the projects in which she had no role to play. “She was there to inaugurate the roads which were built by the Zilla parishad under the Pradhan Mantri Gram Sadak Yojna. She was distributing land pattas which were worked on by the Congress-ruled panchayats,” he said.

 

He also alleged that crores of rupees have been spent on the meeting of the chief minister. “More than Rs 1 crore has been spent on the meeting by the district administration taken away from the money allotted to the NREGA scheme, the multi-sectoral development scheme and several other developmental projects,” he added.

Later in the day, Mamata held a meeting in Krishnanagar in Nadia district. She announced setting up of a medical hub in the district and modernisation of local hospitals that will cost the government Rs 16 crore.

Odisha: 13 killed as train hits vehicle

Thirteen people were killed and six others critically injured when a train rammed into a vehicle at an unmanned railway crossing in Sambalpur district on Friday.

The mishap took place at Khairpali between Sambalpur City and Maneswar railway stations when the vehicle was hit by Rourkela-Bhubaneswar Inter-City Express while it was trying to cross the track at an unmanned level crossing, an East Coast Railway (ECoR) official said.

While 12 people died on the spot, another succumbed to injury at hospital, Sambalpur Sub-Collector Rainu Singh said, adding that six injured persons were admitted to the district headquarter hospital in Sambalpur.

he vehicle was carrying women agricultural labourers from Analapalli to Sindurpanka. The deceased were 12 women labourers and driver of the vehicle.

The impact of the collision was severe and the vehicle was dragged quite a distance on the track leaving most of the bodies dismembered, eyewitnesses said.

After the track was cleared, the train left for its destination, railway officials said.

 

 

RRB Merger Latest News

RRB or Regional Rural Bank was started by the government to provide financial resources in rural / semi-urban areas and grant loans and advances mostly to small and marginal farmers, agricultural laborers and rural artisans. So that they could be benefited in their own village without the need to rush to cities for loans or deposits.

This banking structure is jointly owned by GoI, the concerned State Government and Sponsor Banks.There were 196 RRBs with a network of 16,000 branches. It was conceived to provide easy low interest loans to rural people and to provide them with other banking services.But soon most of banks were making losses.

In order to cut losses government chalked out the merger plan in order to reduce the running cost of the bank, to optimise the efficiency,for better use of the latest technology and other resources, as well as to expedite the implementation of the financial inclusion programme.

For this The department of financial services has asked RRBs operating in the same geographies to merge with a single sponsoring bank. Till 1st week of June 2013, there are 63 RRB’s in India. The aim is to have just eight RRBs in the country by 2030.

“Post amalgamation, there has been no disruption in delivery of services by the RRBs and merged entities have been discharging their functions properly,” the official added.

In Odisha, on 7th January 2013, three Regional Rural Banks (RRB) such as Nilachal Gramya Bank (NGB), Kalinga Gramya Bank (KGB) and Baitarani Gramya Bank (BGB) operating in coastal and northern districts of Odisha have merged into OGB or Odisha Gramin Bank. Two more RRBs in Odisha – Rushikulya Gramya Bank and Utkal Gramya Bank – have been amalgamated to form a new RRB – Utkal Grameen Bank with SBI.