Kaito tells cooperative societies to make success their priority

Kaito tells cooperative societies to make success their priority
Kaito addressing the gathering during the ICDP launching program in Kohima on Friday. (NP)
Correspondent KOHIMA, JUL 20 (NPN) | Publish Date: 7/21/2018 12:20:39 AM IST
Minister for Agriculture and Cooperation, G. Kaito Aye, has urged the cooperative societies of Nagaland to retrospect on the failures and successes of the past years and make building success stories, their priority. He said this while speaking at the launching program of the Integrated Cooperative Development project (ICDP) of Kohima, Tuensang, Kiphire, Longleng and Peren district at Hotel Japfü in Kohima on Friday.
Aye said Integrated Cooperative Development project was one of the most important schemes of the National Cooperative Development Cooperation (NCDC). He said this scheme promotes various economic activities through cooperatives in the spheres of agriculture, agro-based industries, cottage and household industries and agri-allied sectors like fisheries, dairy handlooms, horticulture and rural industries in select districts.
Kaito pointed out that non repayment of loans by the borrower was one of the main reasons for the failure of cooperative societies. He then asked the department to take stringent action against defaulters.
He also promised to personally verify projects and ongoing work taken up by the department.
The minister urged the registrar of cooperative societies to cancel non performing societies in the state and make sure the benefit reaches the beneficiaries.
Managing director Nagaland State Cooperative Bank (NStCB) Ltd Lipoktoba Aier in his address said 5 ICDPs were successfully implemented in Mokokchung, Wokha, Tuensang, Phek and Dimapur districts as the project implementing agency (PIA). He stated that NStCB Ltd. has a network of 21 branches presently spread over all the districts of the state except Longleng district which is being catered to by Changtongya branch.
According to Aier the biggest drawbacks are the one man societies, which are still existence, and the non functioning societies which are originally set up with real cooperative spirit and zeal.
Additional RCS Imsunungsang, in his highlights of ICDP, said it was the schemes under NCDC where an area development approach is adopted for development of cooperatives. He said the funds involved consists of a 70% loan component and the rest as share capital/subsidy. ICDP started in Nagaland in the year 1989 and since then has implemented the scheme in 8 districts and among all the ICDPs. He said this program would run for 4 years covering all major agri and allied activities supported in storage, transportation and marketing facilities.
Secretary cooperation K. Libanthung Lotha in his address urged the department to not create eyewash projects but implement them with sincerity and seriousness.
Vice chairman MARCOFED Ltd. Dr. Aotoshi and a representative from Kohima District Weavers and Artisans CS Ltd. also addressed the gathering. Later, as a symbolic gesture of officially launching the project, Kaito handed over the vehicle (Bolero) keys to the Chief Project Officers (CPOs) of Kohima, Tuensang, Kiphire, Longleng and Peren districts.
The program was chaired by RCS Nagaland, Wepe Ritse, a special song presented by Vision Women Weaving Handloom and Handicraft CS Ltd., while Bokato proposed the vote of thanks. The program was attended by various cooperatives societies from different districts, NGOs, staff and officials of cooperative societies and others.

Launched on December 3,1990. Nagaland Post is the first and highest circulated newspaper of Nagaland state. Nagaland Post is also the first newspaper in Nagaland to be published in multi-colour.

Phone:+91-3862-248 489,Fax: +91-3862-248 500
Advt.:+91-3862-2482 267,



Join us on

© Nagaland Post 2018. All Rights are Reserved
Designed by : 4C Plus