Wednesday , 11 December 2019
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Co-operative sector boosts rural economy: Jennifer

Panaji: Co-operative sector has played an active role towards economical development in rural areas, stated Minister for Revenue Jennifer Monserrate.

She was speaking at a function to mark the 66th Co-operative Week organised by the assistant registrar of Co-operative Societies, central zone in association with The Goa State Co-operative Marketing and Supply Federation Ltd and The Merces VKSS Society Ltd at Panaji on Friday.  

Monserrate said that co-operative societies have a bigger role to play in catering to the needs of rural areas as these societies are facilitating farming communities to increase their agricultural produce. Co-operative societies and federations are working towards providing best quality of products and agricultural produce to the rural and urban areas thereby facilitating consumers to procure the products at a reasonable price. Co-operative sector needs to flourish to the next level thus serving the people at grassroots level, she added.

Mayor of the Corporation of City of Panaji (CCP) Uday Madkaikar appreciated the efforts and the various initiatives undertaken by co-operative sector towards upliftment of the rural population.

The 66th Co-operative Week is being commemorated under the theme ‘Role of Co-operative in New India’.

Ex-MD of Bicholim Urban Co-operative Bank Ltd Suresh Parrikar delivered the keynote address on topic ‘Enabling Legislation for Co-operatives’.

Chairman of The Goa State Co-operative Bank Ltd Ulhas Phaldessai, chairman of The Merces VKSS Society Ltd Krishna Kudnekar, chairman of The Goa State Co-op Marketing and supply Federation Vithal Vernekar, registrar of Co-operatives Societies Menino D’Souza, its assistant registrar Suraj Ghaisas and P J Braganza were present on the occasion.

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