Ampati, July 9: A one day state supported “Motivational Programme” was organized by Assistant Registrar of Co-operative Societies, West Garo Hills, Tura on 9th July 2019 at Multi Facility Centre, Ampati to encourage people to set up co-operative societies aiming to improve their livelihood and also to motivate the existing co-operative societies.
Co-operative Societies are autonomous, democratic, voluntary association of people to meet their common economic, social and cultural needs through jointly owned, democratically controlled enterprise. In this day and age cooperative societies play important role in development of the nation.
It helps the societies to come together and contribute towards economic, social, cultural growth and improve living standards independently. Co-operative societies have done tremendous works like repairing bridge out of the profit earned from co-operative works to managing midday meals.
Integrated Co-operative Societies is a new concept of Meghalaya Government that requires registration of such societies. As an autonomous state on 2nd April 1970, Meghalaya inherited 472 credit Co-operative societies. Today there are about 1649 Co-operative societies registered in the state.
Unemployment is an evident problem nowadays and getting into government job is difficult. Co-operative societies could play an important role to manage such crises if strengthened, generating employment for educated unemployed youths.
Area Manager, Meghalaya Cooperative Apex Bank Ltd., Jonen M Sangma stressed on Unity, honesty and sincerity as reasons to survive as cooperative societies which improves livelihood of people. “Meghalaya Co-operative Apex Bank being one of the largest banks today has bagged National Award for helping differently abled people procure loans to start up something which suit their skills and talents.
Most government schemes such as Prime Minister Employment Generation Scheme are implemented through Co-operative Banks. Loans of Rs 5000 granted to farmers have yielded successful results of turnover of Rs 15 lakhs,” he propounded. Mr. Sangma further shared that the problem with our people is insincerity in repaying back the loans which burdens the bank and its other customers.
Assistant Registrar Co-operative Societies, West Garo Hills, Tura, K P Choudhury apprised the attendees who consist of educated unemployed youths, Self Help Groups (SHGs), Women’s group, members of Integrated Village Cooperative Societies (IVCS) and members of other co-operatives that unity and honesty are inherent ideas of co-operative societies discharging responsibility of banking and mini banking by extending credit to both members and non-members in society. Asserting that if motivated well, they can sustain better, co-operative societies need dedicated board members to thrive, he added.
The same awareness cum Motivational Programme on Cooperatives was conducted by the office of the Assistant Registrar of Cooperative Societies West Khasi Hills on July 9, 2019 at L.B.I. Center Mawkhlam-Nongpyndeng, Nongstoin where Additional Deputy Commissioner Shri.P.D.Sangma was the Chief Guest.
Addressing the gathering, Shri.Sangma said that cooperative societies play an important role in eradicating poverty and unemployment thus, improving the economic condition of the people. He urged villagers and farmers to form societies because successful societies can give employment and also generate employment to local residents.
Others who spoke on the occasion were Shri.W.Nonglang, Branch Manager MCAB Nongstoin Branch, Dr.W. Hoojon District AH & Vety. Officer Nongstoin, Shri. J.C.Paul Assistant Registrar Cooperative Societies, Nongstoin and Smt.J.Tariang.
