Chhattisgarh’s Cooperation Minister Dr. Premsai Singh Tekam said that power of multistate cooperative registrar should be given to the additional registrars of the states, so that the action related to frauds in multistate credit co-operative societies can be taken against them at the state level also.
He said this while addressing the National Conference of State Cooperative Ministers in Vigyan Bhawan, New Delhi.
Dr. Tekam informed that cooperative loans worth Rs 5261.43 crore of 13.47 lakh farmers have been waived in Chhattisgarh.
Apart from this, interest free short-term loans up to Rs 5 lakh are being given to farmers through cooperative societies and banks.