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NSCB beneficiaries asked to recover loans
Published on 27 Mar. 2010 12:38 AM IST
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All Nagaland Co-operative Societies Federation called upon all loan beneficiaries under Nagaland State Cooperative Banks (NSCB) to recover their loans at the earliest. It stated that non-recovery of loans had hampered other beneficiaries to avail loans. This was discussed and decided during the meeting of ANCSF executives and District Level Cooperative societies on March 24.
During the meeting, the house also discussed that ongoing schemes under NCDC and ICDP were not implemented as per laid rules and that it was kept on hold thereby creating discrepancies.
It appealed to implementing agencies to immediately implement the projects. It further reminded cooperative societies in the state bound to get fund to contribute 2% from subsidy towards maintenance of ANCSF office.

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