Punjab to give boost to cooperative societies in 2009

Tuesday, 30 December 2008, 03:02 Hrs
Printer Print Email Email
Chandigarh: To give a boost to cooperative societies in Punjab, the state government has decided to celebrate the year 2009 as the 'Year of Cooperatives'.

"We are aiming for a complete overhaul of the system and give more autonomy to these (cooperative) societies. We have plans to start various developmental schemes for the cooperative societies in 2009," Minister of Cooperation Kanwaljit Singh told reporters here Monday.

He added that over five million people were associated with the state's cooperative societies. "We are starting a special enrolment drive, targeting an increase of 25 percent in the membership in 2009."

There are over 15,000 cooperatives in Punjab that include around 4,500 primary agriculture cooperative societies (PACs) and around 3,000 milk societies.

"The PACs working in the villages would be converted into multipurpose societies in the next five years. We will invest 220 million for their upgradation in the first phase. This will generate 100,000 jobs in rural Punjab," Kanwaljit said.

The state cooperative department is also launching a project for the replacement of incandescent bulbs in the households with energy-efficient compact fluorescent lamps (CFLs).

"We will replace the existing lamps with CFLs in a phased manner. In the first phase, we have identified 60 villages for this purpose. We will supply the CFLs through a central agency to ensure the right price to the customers," the minister said.
Source: IANS
SPOTLIGHT
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..