Tamil Nadu - Tiruchi   

Cooperatives: Panel finalises projects

Special Correspondent

On an outlay of Rs.1.25 crore 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 been completed. Construction of offices-cum-godowns, procurement of computers for the Tiruchi District Central Cooperative Bank, currency counting machines for 52 branches, provision of share capital to the cooperative marketing societies were some of the programmes implemented. 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.

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.

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