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Home Co-op News Snippets

Odisha State Co-op Bank fails to use fund

Parasnath by Parasnath
August 26, 2020
in Co-op News Snippets
0
Odisha State Co-op Bank: Voices for probe get shriller
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New Indian Express reports Odisha govt. dropped the idea of Agri Clinics as the project was not properly planned and there was no support from identified primary societies.

The Government had given Rs three crore in 2014-15 for the establishment of Agri Clinics in 40 identified Primary Agriculture Cooperative Societies (PACS) and Large Area Multi-purpose Cooperative Societies (LAMPS) to offer advice and services to farmers.

The Odisha State Cooperative Bank (OSCB) could not use the funds for three years.

The department finally returned the fund to the Agricultural Promotion and Investment Corporation of Odisha (APICOL) for the implementation of the project.

Tags: Agri ClinicscooperativeodishaOSCBpacs
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