The Sahakarna Janadhipathiya Vedi, an outfit under the tutelage of the Kerala Pradesh Congress Committee (KPCC), has expressed concern at the Income Tax Department’s directives seeking the disclosure of details of depositors in cooperative banks and societies.

The State committee of the vedi, which met here on Saturday, pointed out that cooperative bodies functioning in rural areas have been utilising deposits for extending agriculture and non-agriculture advances in the respective areas. The new norms will lead to a steep fall in deposits of these bodies.

Vedi chairman and KPCC treasurer Karakulam Krishna Pillai said the vedi had earlier submitted a memorandum to Congress president Sonia Gandhi and as a follow-up, proposed to submit another memorandum to the Prime Minister and the Finance Minister with the assistance of Chief Minister Oommen Chandy and KPCC president Ramesh Chennithala.

The meeting welcomed the State government’s decision to withdraw a charge of 2 per cent registration fee under the Guhan scheme in the cooperative sector and congratulated the Chief Minister and the Finance Minister for their initiatives.

The meeting also criticised the attempts of the Vigilance and Home Departments to tarnish the image of Consumerfed by carrying out raids in spite of the new heights the organisation had scaled in the field of public distribution in the State. The organisation had broken new grounds in the last two years that the United Democratic Front has been in power, a resolution adopted by the committee said.

It wanted the Chief Minister and the KPCC president to intervene to get the Home and Vigilance Departments stop its raids that would affect its functioning.

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