Lucknow: The UP govt has launched an exercise to expand foodgrain and farm produce storage capacity by at least two lakh metric tonnes (MT). District magistrates have been directed to identify and secure suitable govt land for constructing new warehouses and cooperative godowns.The move comes amid concerns raised by the Food Corporation of India (FCI)…
Ludhiana: Cooperative institutions are no longer being viewed merely as credit societies or procurement agencies but as vehicles for value addition, diversification and rural entrepreneurship, speakers said during the concluding session of Cooperative Week at Punjab Agricultural University (PAU) Tuesday.Organised by the Punjab govt’s department of Cooperation from June 29 to July 6, the week-long…
TIMES NEWS NETWORK Mangaluru: Campco, a farmer-owned multi-state cooperative with more than 1.5 lakh grower members, has urged the Uttar Pradesh govt to consider removing mandi tax on arecanut. The cooperative’s governing body pointed out that arecanut procured from Karnataka is already subjected to APMC cess or market fee at the place of origin, and…
Belagavi: The cooperative sector in Belagavi district is headed for a major churn following the Centre’s ‘cooling-off’ rule that bars directors from serving over 10 consecutive years on the same board. The norm applies to all cooperative institutions, including housing, credit, and agricultural societies, prompting long-serving directors to explore ways to retain influence ahead of…
Bhubaneswar: Vigilance sleuths on Friday arrested a cooperative banking officer for allegedly misappropriating govt funds amounting to Rs 33,80,963 in a major crackdown on financial irregularities in cooperative institutions.The officer was identified as Patitapaban Majhi, former secretary of Garhsantri Service Co-operative Society under the Angul United Central Co-operative Bank Ltd (AUCCB), Banarpal branch. He is…
