Press Esc to close
Tuesday 23 December 2014
News updated at 1:22 AM IST
Weather
Max: 28.3°C
Min : 17.1°C
In Bengaluru
Partially cloudy

Government to amend law to boost co-operation sector

Belgaum, Nov 20, 2012, DHNS:

Minister for Co-operation, B G Puttaswamy, said on Tuesday that the Karnataka government would amend the Karnataka Souharda Sahakari Act on the lines of the amendment made by the Centre, to strengthen the co-operation sector in the State.

On being amended, the legislation is expected to be a model for the country. It will be tabled in the legislature session to be held here from December 5.

The revelation was made while Puttaswamy was speaking to reporters after the inauguration of the Sahakara Adalita Bhavana in the city.

The legislation would make it mandatory for all co-operative bodies to conduct their annual general body meetings by September every year.

“It will prevent government interference in co-operative bodies, besides bringing about internal democracy in them,” Puttawamy said.

Cases can be filed if funds are misused by co-operative bodies. They would also have to follow reservation norms for SC/STs, the minister added.

Major funding

He said there were over 36,000 co-operative bodies in the State, of which 1,825 were milk producers co-operatives.

The government had given aid to the tune of Rs 17.59 crore to co-operative bodies in the State for funding self-help groups. Women’s self-help groups and youth could avail the benefits of self-employment schemes by producing and selling various products, he said.

Allocations would be made for the proposed co-operation university in the State in the next budget. The location would be decided by the government later, he said.

The implementation of the Vaidyanathan Committee report had resulted in 8,255 co-operative bodies being revived in the State.

“The government had released Rs 703 crore for the purpose,” Puttaswamy said.


Go to Top

Photo Gallery
People sit around a bonfire to warm themselves during a...

People sit around a bonfire to warm themselves during a...

IAF soldiers march during a rehearsal for the upcoming...

IAF soldiers march during a rehearsal for the upcoming...

Super Star Amitabh Bachchan  along with Chief Minister of...

Super Star Amitabh Bachchan along with Chief Minister of...

SP Chief Mulayam Singh Yadav chats with RJD President...

SP Chief Mulayam Singh Yadav chats with RJD President...

A Leopard walks by the bushes at Bannerghatta...

A Leopard walks by the bushes at Bannerghatta...

A Rajasthani folk dancer performs during handicraft...

A Rajasthani folk dancer performs during handicraft...

An Indian man exercises as fog envelops a park...

An Indian man exercises as fog envelops a park...

A shop is attracting people, to purchase Christmas...

A shop is attracting people, to purchase Christmas...

A family is performing the rituals as part of the Ellamavasye celebration...

A family is performing the rituals as part of the Ellamavasye celebration...

Students along with teacher takes part in the 'Swachha Bharath Abhiyan'...

Students along with teacher takes part in the 'Swachha Bharath Abhiyan'...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523