Press Esc to close
Monday 28 July 2014
News updated at 3:45 PM IST
Weather
Max: 0°C
Min : 0°C
In Bangalore
Sunny day

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
Force India Formula One driver Sergio Perez sits in his car after a crash during the Hungarian F1...

Force India Formula One driver Sergio Perez sits in his car after a crash during the Hungarian F1...

Cars burnt in clashes between two communities a day before is being removed by crane...

Cars burnt in clashes between two communities a day before is being removed by crane...

Renovation work being carried out by the NDMC at the Lodhi Garden in New Delhi...

Renovation work being carried out by the NDMC at the Lodhi Garden in New Delhi...

A man holds an umbrella as he rides a bicycle through a street during monsoon rains in Mumba....

A man holds an umbrella as he rides a bicycle through a street during monsoon rains in Mumba....

Flooded street duirng the continue rain in Mumbai...

Flooded street duirng the continue rain in Mumbai...

A boy sits on his handmade raft as he collects floating recyclable material in the waters...

A boy sits on his handmade raft as he collects floating recyclable material in the waters...

Muslims shout slogans during a demonstration to protest against Israeli airstrikes on Gaza strip...

Muslims shout slogans during a demonstration to protest against Israeli airstrikes on Gaza strip...

Muslims throng a marketplace near the Jama Mosque illuminated during the holy month of Ramadan...

Muslims throng a marketplace near the Jama Mosque illuminated during the holy month of Ramadan...

Shoppers crowd at a market ahead of the Eid al-Fitr festival in Ahmedabad. The Eid al-Fitr...

Shoppers crowd at a market ahead of the Eid al-Fitr festival in Ahmedabad. The Eid al-Fitr...

Muslims prepare plates of food for an Iftar (breaking of fast) meal, inside a mosque during the...

Muslims prepare plates of food for an Iftar (breaking of fast) meal, inside a mosque during the...

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