Co-op. bodies must act as custodians of public money: Yeddyurappa

Special Correspondent

Site on DC’s office premises to be given for Saharaka Soudha

SHIMOGA: Chief Minister B.S. Yeddyurappa said on Thursday that the lot of farmers, weaker sections and people living in rural areas would not improve unless cooperative institutions were managed by people with honesty and integrity.

Inaugurating the valedictory function of 55th All India Cooperative Week at the Nehru Stadium here, he said that cooperative institutions could play a vital role in helping people to lead a happy life.

Emphasising the need for cooperative institutions to act as the “custodians” of public money invested in them, Mr. Yeddyurappa said that they had grown phenomenally in the country. It was emerging as the strongest cooperative movement in the world.

The Chief Minister said that it was a matter of pride and happiness that Karnataka was the birth place of the cooperative movement. It was at Kanaginahal of Gadag district that cooperator S.S. Patil established the first cooperative institution 108 years ago.

Mr. Yeddyurappa said the fact that there were 33,400 cooperative societies with 2 crore members and Rs. 2,700 crore share capital and deposits of Rs. 15,000 crore in the State spoke of the scope and influence of the cooperatives in the day to day life of the people.

A cattle feed factory would be set up in Shimoga. Land would be sanctioned on the premises of the Deputy Commissioner’s office here to build “Saharaka Soudha”. Mr. Yeddyurappa felicitated veteran cooperators Ananth Padmanabh Sastry, T. Sannappa, C. Doreswamy, Raosaheb Annasaheb Patil and Ramesh G.Vaidya by conferring the “Sahakara Rathna” title on them in recognition of their contribution to the cooperative field.

Former officers of the Cooperation Department C.N. Parashivamurthy and S.R. Naik and president of Shimoga District Cooperative Central Bank R.M. Manjunath Gowda and president of Swamy Vivekananda Vidya Samsthe B.Y. Raghavendra were felicitated on the occasion. President of the Karnataka State Cooperative Federation G.T. Deve Gowda presided over the function.

Cooperation Minister Lakshman Savadi released “Sahakara Sourabh”.

Minister for Energy K.S. Eshwarappa, Minister for Food and Civil Supplies Hartalu Halappa and Minister for Labour B.S. Bache Gowda addressed the gathering.

Chairman of the reception committee R.M. Manjunath Gowda welcomed the gathering.

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