Coop society donates Rs 8.52 lakh to flood victims

Sullia Venkatramana Credit Cooperative Society distributed a compensation of Rs 8.52 lakh to the victims of natural calamity in the district.

The financial assistance was given at a customers' convention organised under the leadership of the society president K C Narayana Gowda in Madikeri on Tuesday.

Kodagu Gowda Samaja President Periyana Jayanand said, "The society has posted profit and the profit has been distributed among the victims. The compensation should be utilised properly."

Kodagu Gowda Vidya Sangha President Hosuru Ramesh Joyappa said the government should take up rehabilitation work before the monsoon. The money given by the donors should be utilised for the educational requirements of the children, he added.

Society Director P C Jayaram said, "The members from Kodagu region have been responsible for the growth of the bank in the last four years. The membership of the bank should be increased in the future."