“Financial assistance will be given to SHGs”

November 17, 2011 10:26 am | Updated 10:26 am IST - Nagercoil:

Collector S. Mathumathi flagging off mini marathon in Nagercoil.

Collector S. Mathumathi flagging off mini marathon in Nagercoil.

Collector S. Madumathi flagged off a mini marathon on the occasion of 58th All India Co-operative week celebrated on Wednesday.

The mini marathon that started from Parvathipuram ended at Sethu Lakshmi Bai Higher Secondary School at Nagercoil.

The Regional Joint-Registrar of Co-operatives, T. Prabu, has assured that adequate financial assistance would be given to various self help groups to undertake economic activities so that they could be independent.

Inaugurating a seminar in view of the 58th All India Co-operative Week, he said that the country was based on capitalism and socialism.

Pandit Jawaharlal Nehru said that the country needed at least a co-operative society in every village.

His dream had been fulfilled with the setting up of co-operative societies in all villages to uplift the socio economic status of the poor and the down-trodden.

The starting of co-operative societies in all villages of the country has begun in usher in economic growth from village level.

Though the co-operative movement was started during the then British period, it was not only helpful now to the Government for empowering women but the movement was functioning purely in a democratic way.

Nobody could deny that, thanks to the members of various self help groups, the co-operative societies grew and it created awareness among the villagers about the need for such a movement for their economic growth.

The co-operative societies were very liberal in extending a helping hand to the self help group members.

The co-operative societies came forward to extend agriculture loan to farmers without interest for those who repaid the loan properly without any dues.

Use schemes

Hence he sought the co-operation of people to make use of various welfare assistances launched by the co-operative societies for their growth and economic development of villagers particularly women.

District panchayat member Thanupillai, Sahaya Nagar panchayat union president Thayammal Rammohan, Kanyakumari district central co-operative bank special officer Thananjeyan participated.

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