Lok Sabha Question No. 345 (STARRED), answered on 2016-12-09
Subject: Cooperative Societies/Institutions
Ministry: FINANCE
Asked by: (ADV.) JOICE GEORGE, FEROZE VARUN GANDHI

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS

## LOK SABHA

## STARRED QUESTION NO. *345 TO BE ANSWERED ON 9 TH DECEMBER, 2016/18 TH AGRAHAYANA, SAKA, 1938

## Cooperative Societies/Institutions

## 345.  ADV. JOICE GEORGE: SHRI FEROZE VARUN GANDHI:

## QUESTION

## Will the Minister of FINANCE be pleased to state:

- (a) the  details  of  the  deposits  in  the  primary  and  the  Central  credit  and  State cooperative societies/institutions, State/UT-wise including Kerala;
- (c) whether  the  cooperative  societies/institutions  were  not  been  permitted to exchange the Rs. 1000/- and Rs. 500/- Currency Notes after the demonetisation and if so, the details thereof and the reasons therefor and the corrective steps taken by the Government in this regard; and
- (b) whether the Government has distinguished the cooperative societies/institutions and the Nationalised Banks and if so, the details thereof;
- (d) whether the Government has any scheme to bring the cooperative societies/institutions under the banking system with the legal sanctions of RBI and if so, the details thereof?

## ANSWER

## MINISTER OF FINANCE (SHRI ARUN JAITLEY)

- (a) to (d):   A statement is laid on the Table of the House.

## Statement referred to in reply to Lok Sabha Starred Q. No. 345* to be answered on 9 th December, 2016 regarding Cooperative Societies/Institutions

On the basis of  latest  data  compiled  by  NABARD,  State-wise  details  of  the deposits in the Primary Agricultural Credit Societies (PACS), District Central Cooperative Banks (DCCBs) and State Cooperative Banks (StCBs) are placed at Annexure I, II and III.

Old  High  Denomination  Notes  of  Rs.  500  and  Rs.  1000  have  been  allowed  to  be exchanged and deposited at such establishments as determined by the Reserve Bank of  India  (RBI).  State  Cooperative Banks have been included in the list of financial institutions where such exchange or deposit is allowed.

The DCCBs and StCBs are regulated by RBI and supervised by NABARD.

Annexure I State-wise details of Deposits in Primary Agricultural Credit Societies (PACS)

(Amount in Rs. Lakh)

## as on 31 st March 2015

| Sr. No   | Name of the StCBs   | Total Deposits   |
|----------|---------------------|------------------|
| 1        | Andaman & Nicobar   | 153.12           |
| 2        | Andhra Pradesh      | 126019           |
| 3        | Arunachal Pradesh   | 0                |
| 4        | Assam               | 0                |
| 5        | Bihar               | 17532.91         |
| 6        | Chandigarh          | 0.6              |
| 7        | Chhattisgarh        | 51114.52         |
| 8        | Delhi               | 0                |
| 9        | Goa                 | 2749             |
| 10       | Gujarat             | 76484.97         |
| 11       | Haryana             | 49718.05         |
| 12       | Himachal Pradesh    | 228320.47        |
| 13       | Jammu and Kashmir   | 119              |
| 14       | Jharkhand           | NA               |
| 15       | Karnataka           | 602449           |
| 16       | Kerala              | 5890841.15       |
| 17       | Madhya Pradesh      | 81731            |
| 18       | Maharashtra         | 18773            |
| 19       | Manipur             | 0                |
| 20       | Meghalaya           | 814.15           |
| 21       | Mizoram             | 330.87           |
| 22       | Nagaland            | 6419.23          |
| 23       | Orissa              | 118152.57        |
| 24       | Pondicherry         | 11551.6          |
| 25       | Punjab              | 43433.21         |
| 26       | Rajasthan           | 139527.24        |
| 27       | Sikkim              | NA               |
| 28       | Tamil Nadu          | 713433.21        |
| 29       | Telangana           | NA               |
| 30       | Tripura             | 1093.06          |
| 32       | Uttar Pradesh       | 6820             |
| 31       | Uttarakhand         | 84947.67         |
| 33       | West Bengal         | 189104.31        |
| Total    | Total               | 8461632.91       |

Source: NABARD

Annexure II State-wise details of Deposits in DCCBs - (Provisional data as on 31st March 2016)

(Amount in Rs. Lakh)

| Sr. No.     | Name of the Bank   |   Total Deposits |
|-------------|--------------------|------------------|
| 1           | Chhattisgarh       | 510974           |
| 2           | Madhya Pradesh     |      1.35676e+06 |
| 3           | Uttar Pradesh      |      1.59096e+06 |
| 4           | Uttarakhand        | 571896           |
| 5           | Bihar              | 280565           |
| 6           | Jharkhand          | 112758           |
| 7           | Orissa             | 782814           |
| 8           | West Bengal        |      1.20816e+06 |
| 9           | Haryana            | 689648           |
| 10          | Himachal Pradesh   | 913538           |
| 11          | Jammu & Kashmir    | 204655           |
| 12          | Punjab             |      1.26913e+06 |
| 13          | Rajasthan          |      1.01672e+06 |
| 14          | Andhra Pradesh     | 608677           |
| 15          | Karnataka          |      1.72509e+06 |
| 16          | Kerala             |      5.09452e+06 |
| 17          | Telangana          | 308134           |
| 18          | Tamil Nadu         |      2.56788e+06 |
| 19          | Gujarat            |      2.22926e+06 |
| 20          | Maharashtra        |      6.63823e+06 |
| Grand Total | Grand Total        |      2.96804e+07 |

Source: NABARD

Annexure III State-wise Details of Deposits in StCBs - (Provisional data as on 31st March

## (Amount in Rs. Lakh)

2016)

| Sr. No.   | Name of the Bank   |   Total Deposits |
|-----------|--------------------|------------------|
| 1         | CHHATTISGARH       | 251129           |
| 2         | MADHYA PRADESH     | 501273           |
| 3         | UTTAR PRADESH      | 711057           |
| 4         | UTTARAKHAND        | 134011           |
| 5         | ANDAMAN & NICOBAR  |  68896.6         |
| 6         | BIHAR              | 223650           |
| 7         | JHARKHAND          |  52654.4         |
| 8         | ORISSA             | 667580           |
| 9         | WEST BENGAL        | 777974           |
| 10        | ARUNACHAL PRADESH  |  14261           |
| 11        | ASSAM              | 203867           |
| 12        | MANIPUR            |   9885.1         |
| 13        | MEGHALAYA          | 185816           |
| 14        | MIZORAM            |  59202.5         |
| 15        | NAGALAND           |  49089.7         |
| 16        | SIKKIM             | 240667           |
| 17        | TRIPURA            | 204344           |
| 18        | CHANDIGARH         |  30261.3         |
| 19        | DELHI              | 101966           |
| 20        | HARYANA            | 310491           |
| 21        | HIMACHAL PRADESH   | 819767           |
| 22        | JAMMU AND KASHMIR  |  71777.5         |
| 23        | PUNJAB             | 256017           |
| 24        | RAJASTHAN          | 416675           |
| 25        | ANDHRA PRADESH     | 353826           |
| 26        | KARNATAKA          | 720148           |
| 27        | KERALA             | 610669           |
| 28        | PONDICHERRY        |  61098           |
| 29        | TELANGANA          | 325241           |
| 30        | TAMIL NADU         | 892793           |
| 31        | GOA                | 188777           |
| 32        | GUJARAT            | 517804           |
| 33        | MAHARASHTRA        |      1.12684e+06 |
|           | GRAND TOTAL        |      1.11292e+07 |

Source: NABARD