Cooperatives vital in socio-economic development

Cooperatives vital in socio-economic development
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ANANTNAG: To celebrate All India Cooperative Week – 2017, Jammu and Kashmir Cooperatives Department on Wednesday organised 64th celebrations (14th November-20th November) at Dak Bungalow Khannabal.
District Development Commissioner (DDC), Anantnag Mohammad Younus Malik was the Chief Guest on the occasion and M Rehman Gassi Additional Registrar Cooperative Societies, Kashmir was the guest of honour.
The programme was attended by members of 55 cooperative societies of Anantnag and 36 of Kulgam.
According to an official statement issued here, Deputy Registrar Cooperatives Bashir Ahmad Lone highlighted the achievements of the cooperative department and said that 55 cooperative societies under Cooperative Societies Act 1989 were functioning in the district.
During 2016-2017 the societies in the district have registered a business turnover of Rs 1218.26 lacs which include Rs 398.59 lacs from fertilisers, Rs 267.89 lacs from consumer goods, Rs 175.58 lacs sale of medicines, Rs 29.05 lacs from poultry, Rs 43.57 lacs from dairy, Rs 4.85 lacs from sheep, Rs 111.36 lacs from consumer business. He appealed the members of the society to adopt modern innovations to make the societies more communicable and profitable, the statement read.
The DDC, Anantnag said that cooperatives have played a vital role in the socio-economic development of the state. He assured that every possible assistance would be provided to the cooperatives from district administration for their revival.
He also directed for the establishment of shopping malls on large scale on cooperative land and construction of sustainable assets for the department so that people in large could start their income generating units in the sector, the statement added.

 

 

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