Different kinds of loans to the tune of Rs.8.04 crore were distributed to 5,249 persons at 59{+t}{+h}Cooperative Week Celebrations held in Cheyyar on Sunday.

Handing over the loans to the beneficiaries, Cooperative Minister Sellur K.Raju said that the cooperative department had fixed a target to hand over crop loans to the tune of Rs.3,000 crore during 2011-12 fiscal, in the state. The department surpassed the target by handing over Rs.3,250 crore. For the current 2012-13 fiscal, the department fixed a target of Rs.4,000 crore and in the first six months the department achieved Rs.2,305 crore benefiting 5,66,954 farmers, he added.

Information Technology Minister Mukkur N.Subramanian distributed loans to the Self Help Groups in the event. District Revenue Officer S.Valarmathi presided. Revenue Divisional Officer K.Priya and Joint Registrar of Cooperative Societies Thiruguna Ayyappadurai were among those present.