Chavan denies rift in alliance over bank dissolution issue | india | Hindustan Times
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Chavan denies rift in alliance over bank dissolution issue

india Updated: May 15, 2011 22:22 IST

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Maharashtra chief minister Prithviraj Chavan on Sunday dismissed reports of a rift between the Congress and the NCP over dissolution of the governing board of Maharashtra State Cooperative Bank.

Chavan told media persons in Mahabaleshwar, a hill station near in Satara, that there was no dispute at all with NCP chief Sharad Pawar over the issue adding that the need of the hour is to ensure the bank does not go into liquidation.

Acting on a report of NABARD, the RBI recently dissolved the board of directors of the apex cooperative bank controlled by Sharad Pawar's NCP. The NCP has accused the Congress of influencing the RBI decision to this effect and also in appointing the administrators of the bank.

Meanwhile, Chavan also informed that the state government in collaboration with the Centre will start a cloud study centre in Mahabaleshwar since it is one of the highest peaks in the state.

He also informed that the state government would bear the cost of medical surgeries for over 2 crore families, whose annual income is below Rs one lakh per annum, through insurance companies.