Date:29/11/2006 URL: http://www.thehindu.com/2006/11/29/stories/2006112919770300.htm

Tamil Nadu - Tiruchi

Projects to be implemented in coop. bodies finalised

Special Correspondent

Will be taken up on an outlay of Rs.1.25 cr. in Tiruchi district

TIRUCHI : A meeting of the Project Implementation Agency Committee of the Cooperative Department held on Tuesday finalised various projects and programmes to be implemented in the cooperative bodies in the district in the near future on an outlay of Rs.1.25 crore under the Integrated Cooperatives Development Project (ICDP) sponsored by the National Cooperative Development Corporation (NCDC).

The NCDC introduced the ICDP for a period of five years for the development of infrastructure in the cooperative bodies in the district in July 2002.

It sanctioned a sum to the tune of Rs.10 crore for the project, which was being implemented through the State Government.

So far infrastructure development works worth Rs. 8 crore had already been completed. Construction of offices-cum-godowns, procurement of computers for the Tiruchi District Central Cooperative Bank (TDCCB), currency counting machines for 52 branches of the TDCCB, provision of share capital to the cooperative marketing societies etc. were some of the programmes implemented.

A majority of them were implemented in the cooperative bodies in Thuraiyur and Manapparai areas.

The president of the Project Implementation Agency Committee and chairman of the TDCCB, R. Jayaram, presided over the meeting, when new projects were finalised and sanction was accorded for the release of funds to the tune of Rs. 80 lakh to 17 primary agricultural cooperative banks (PACBs) for the provision of loans to 500 members of the women self-help groups to procure milch animals.

New buildings

The meeting also finalised and sanctioned Rs. 12 lakhs for the construction of new buildings for five PACBs, Rs. Two lakhs for the renovation of old buildings, Rs.13 lakh to 30 PACBs for setting up modern cash counters and for procuring generators, cash boxes, computers etc, Rs.5 lakh for the construction of compound walls, Rs. 1.5 lakh for the purchase of milk canes to milk producers cooperative societies, Rs. 1 lakh for the maintenance of milk societies.

The meeting also sanctioned Rs. 2 lakh as share capital and marginal money to a few cooperative marketing societies.

This would help the societies to borrow fresh loans from other financial institutions.

All the above projects would be completed by March 2007, when the ICDP would come to an end. The department pleaded for the extension of the project by six more months.

The Director of the NCDC, Narayanan, who participated at the meeting, commended the efforts made by the department for the successful implementation of the ICDP in the district.

All the works taken up for execution were completed in time. Another director of the NCDC recently verified the various projects executed and expressed his satisfaction.

The other members of the Implementing Agency Committee - Deputy Registrar of the Cooperative Societies, A. K. Sivamalar, the Assistant Director of Handlooms, Nandakumar, the Vice-Principal of the Cooperative Management Training Institute, Balusamy, participated.