Jammu: Minister for Cooperatives and Ladakh Affairs, Chering Dorjay said that Government is committed for recapitalization of Anantnag, Baramulla and Jammu Central Cooperative Banks as they are presently unlicensed due to which their performance has slowed down. He said the matter with regard to recapitalization have already been taken up with the Chief Minister Mehbooba Mufti who in response had shown positive response in this pursuit.
This was stated by the Minister at a felicitation function after the successful completion of Cooperative Week-2017 organized by the J&K Dairy Producers Processors and Marketing Cooperative Union Limited (JKDCUL), here today.
Dorjay said there is potential in the field of Cooperative for creating employment avenues for educated unemployment youth of the State. He also called for massive awareness among the general masses at gross root level so that cooperative movement would be enhanced and flourished across the State.
On the occasion, the Cooperative department distributed Newsletter-2017 “Our Cooperatives, our Strength” among the participants present in the function.
Secretary Cooperative Bashir Ahmed also spoke on the occasion and highlighted the achievements registered by the Cooperative Department during the current year.