Directors of the Cooperative Banks and Societies in Madhya Pradesh will soon have a lot of money to spend. Their allowances have spiked considerably.
The Commissioner and Registrar Cooperatives and Cooperative societies have just issued orders in this connection.
The news of a big increase being effected in their various allowances has caused a feeling of great happiness among the officials of the cooperative organizations in Madhya Pradesh.
The move has,however, provoked some people into excoriating it as an act aimed at pauperizing the cooperative institutions.