Chief Secretary reviews Cooperative Department
29/09/2022
JAMMU, Sep 28: Chief Secretary, Dr. Arun K Mehta chaired a meeting today to review the working of Cooperative Department. The meeting was attended by Secretary Cooperatives, Yasha Mudgal alongwith the officers of the department. Registrar Coope-rative Societies also attended the meeting through virtual mode.
The Chief Secretary urged the department for improving digital footprint in the cooperative sector along with exploring convergence in sectors like dairy, horticulture, fisheries, agriculture etc. with other departments for sustained gains. Earlier during her presentation, Secretary, Cooperatives informed about the financial position of eight Cooperative Banks in terms of CRAR, NPA and CD ratio. It was informed that for improving the CRAR of the Cooperative banks as per the RBI norms, the targets have already been assigned to the concerned Banks and the recovery of NPAs has also improved during the last one year. The total NPAs recovered during 2021-2022 was to the tune of Rs.45 Cr. Yasha stated that out of 8 Cooperative Banks, 7 Cooperative Banks are already on CBS platform (Core banking System) having net banking facility and SMS alert and some of the Cooperative Banks also have ATMs and mobile banking Facilities.
The Chief Secretary expressed concern over non implementation of CBS in the Jammu Central Cooperative Bank and instructed the department to ensure that the bank migrates to CBS platform without any delay.
Yasha stated that elections have already been conducted where ever due in 92 %of Societies and the process of conduct of elections in the remaining Societies is underway.
In order to strengthen the democratic structure of the Cooperative Societies, Dr. Mehta directed that at the time of elections apart from ensuring wider publicity through media, SMS alerts should also be sent to the eligible voters of the Societies to make the process of elections fair and transparent.
Secretary Cooperatives highlighted the progress made on establishment of food processing units through Cooperatives within the approved Capex Budget 2022-23 and stated that 24 DPRS have been formulated.
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