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Thursday, Mar 10, 2005

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Money & Banking - Co-operatives


Development of co-op sector stressed

Our Bureau

MANGALORE: The Karnataka Cooperation Minister, Mr R.V. Deshpande, has said that there should not be any interference in the functioning of cooperative institutions.

Inaugurating the decennial celebrations of Sri Ramakrishna Credit Cooperative Society Ltd in Mangalore on Wednesday, he said that autonomy to an institution will help in its growth and development.

Mr Deshpande said that he has requested the Finance Minister, Mr Siddaramaiah, to allocate Rs 1,500 crore in the budget for the development of cooperative sector.

Stressing the need for women empowerment, he said women should be given more employment opportunities, he added.

The former Chief Minister, Mr Veerappa Moily, was present on the occasion.

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