Punjab govt to pro­vide Rs 850m to re­vive co­op­er­a­tive move­ment

The Pak Banker - - NATIONAL -

The Gov­ern­ment of Punjab will pro­vide the funds above Rs.850 mil­lion for dif­fer­ent schemes to pro­mote / make more ef­fec­tive role of the Co­op­er­a­tive Move­ment in the Punjab. The Sec­re­tary Co­op­er­a­tive, Punjab, Mr. Babar Hayat Tar­rar was ad­dress­ing in a meet­ing here.

"It is very nec­es­sary to pro­mote Punjab Co­op­er­a­tive Move­ment in the cur­rent sce­nario due to which the Gov­ern­ment of Punjab is tak­ing the solid steps for its progress," he added. The sec­re­tary said that on di­rec­tions of the Chief Min­is­ter, Punjab, Mr. Shah­baz Sharif, the Gov­ern­ment of Punjab will pro­vide the funds above Rs.850 mil­lion for dif­fer­ent schemes to pro­mote / make more ef­fec­tive role of the Co­op­er­a­tive Move­ment Punjab.

The Gov­ern­ment of Punjab has al­lo­cated the funds Rs.300 Mil­lion to Co­op­er­a­tive Depart­ment for pro­vid­ing the trac­tors to Co­op­er­a­tive So­ci­eties. Un­der such scheme, the mem­ber of co­op­er­a­tive so­ci­ety will con­trib­ute 25% of the to­tal cost of the trac­tor and Gov­ern­ment will pro­vide the re­main­ing part 75% for pur­chase of trac­tor. The re­pay­ment will be made in 22 years through half yearly in­stall­ments.

The Co­op­er­a­tive Depart­ment, Punjab has started the work for col­lec­tion of milk in dis­trict, Vehari with the col­lab­o­ra­tion of plan in­ter­na­tional. Un­der the scheme, the gov­ern­ment is also de­sirous to start the work in Dis­trict, Rawalpindi, Layyah, Muzaf­far­garh, Ba­hawalpur, Lodhran,


the Mul­tan, Khanewal, La­hore, Ka­sur, Sheikhupura and Hafizabad to pro­vide the milk to the needy on min­i­mum price with bet­ter qual­ity. The gov­ern­ment is pro­vid­ing the funds Rs. 302 Mil­lion for the pur­pose. In ad­di­tion to this, the kino pro­cess­ing plant will be in­stalled in Sar­godha Distt: and for the pur­pose the mem­ber of co­op­er­a­tive so­ci­ety will pro­vide the one acre land and gov­ern­ment will pro­vide the funds Rs.30 Mil­lion for in­stal­la­tion of pro­cess­ing unit.

He fur­ther told that the gov­ern­ment had pro­vided the funds Rs.100 Mil­lion for com­put­er­i­za­tion of whole data of co­op­er­a­tive depart­ment, in re­sponse the task has been com­pleted and now the data of co­op­er­a­tive so­ci­eties has also been com­put­er­ized. The tech­ni­cal wing has also been con­sti­tuted to mon­i­tor the work­ing of co­op­er­a­tive hous­ing so­ci­eties in a bet­ter way. In ad­di­tion to this, the gov­ern­ment has also pro­vided the funds of Rs.9 Mil­lion to com­put­er­ize the data of other co­op­er­a­tive so­ci­eties.

The Sec­re­tary Co­op­er­a­tives told that the funds Rs.20 Mil­lion will be spent on the pro­ject for ex­ten­sion of Faisal­abad Train­ing Col­lege and Ba­hawalpur Train­ing In­sti­tute. The Train­ing Col­leges was ar­ranged the train­ing pro­grams in co­op­er­a­tive sec­tor but now the cer­tifi­cates will be is­sued to the trainees by the Agri­cul­ture Univer­sity, Faisal­abad due to af­fil­i­a­tion of Co­op­er­a­tive Train­ing Col­leges with the Univer­sity. At the end, the Sec­re­tary Co­op­er­a­tives told that due to such steps of the gov­ern­ment, the co­op­er­a­tive move­ment will play the ac­tive role in the so­ci­ety, in fu­ture.

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