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Sunday, February 18, 2001

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Steps to professionalise coop. sector on: Minister

By Our Staff Reporter

KANNUR, FEB. 17. The Co- operation and Electricity Minister, Mr. S. Sarma, today said that the Government would expedite steps to professionalise the co- operative sector with the objective of equipping it to meet new challenges.

Inaugurating a State-level deposit mobilisation drive in the co- operative credit sector here, the Minister said the Government had already decided to constitute a recruitment examination board in the co-operative sector aimed at introducing professionalism. The decision to form an independent election commission to hold elections to co-operative bodies was also taken to ensure free and fair polls, he said.

He stated that urgent measures were needed to enable the co- operative credit societies to deal with the crisis. He said the opening of many engineering colleges in the co-operative sector in different parts of the State could be cited as an example of how effectively the surplus funds were utilised to meet the urgent requirements in the higher education sector. More professional colleges in the sector would be started soon, he added.

Mr. Sarma said the deposit mobilisation campaigns had helped popularise the co-operative sector. In this period of financial problems in the State, the success of the drive was important, he added.

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