Srikakulam: The 1164 village organisations (gramykya sanghams) in the district, 38 mandal level women federations and the mutually aided credit cooperative societies would have to be registered as per the provisions of the Act.
Transactions running into several crores of rupees would be carried out by these organisations and to prevent possible misuse of funds, registration as per the provisions of the Cooperative Act was essential, said District Collector, V.N.Visnhnu.
He was reviewing cases of irregularities in the Primacy Agricultural Cooperative Societies (PACS) in the district in his office here on Friday.
Drive to check arrears
He also pointed out the complaints of sale of reserved areas as plots by the office-bearers of cooperative housing societies and instructed officials to look into the issue and take corrective measures. The Collector also referred to the piling up of arrears in various cooperative societies and wanted a drive to reduce the arrears.
As much as Rs.22.74 crores was due from various societies with Veeraghattam society topping the list with dues to the tune of Rs.3.14 crores. As per the recommendations of Vydyanthan Committee, proposal seeking Rs.78 crores to make-up losses suffered by PACS had been sent. Audit had been completed in 49 PACS.
He said that this year it was proposed to sanction crop loans to the tune of Rs.2 crores to new members through the DCCB.