Qasuria directs re-activation of Cooperative Banksystem

0
313

PESHAWAR
KP Caretaker Minister for Agriculture, Livestock, Fisheries & Cooperative Department, Abdul Haleem Khan Qasuria has directed the authorities of the department for either re-activation of the cooperative bank or framing a comprehensive strategy for an alternative system to provide soft loans to farming community to enable them to play role in meeting the food requirements of the province.
He issued these directives while presiding over a meeting of the Cooperative Department here on Monday. Besides, Secretary Agriculture Dr Mohammad Israr Khan, Secretary Livestock, Fisheries & Cooperative Department, Mukhtiar Ahmad and other authorities and district level officers attended the meeting at large.
The Caretaker Minister was told that the Cooperative Department has been established to provide assistance to forest farmers, vocational centres to impart skills to women, beekeeping and other socio-welfare oriented initiatives.
The cooperative bank has also provided loans to farming communities on soft terms and conditions, whose recovery rate is 92%. The meeting was told that currently 333 people were linked with societies of 8 different sectors while housing societies have also been formed under the auspices of the Cooperative Department.
Speaking on the occasion, Abdul Haleem Khan Qasuria stressed the need to work for the progress and development of deprived and downtrodden classes of society and initiating steps for the welfare of marginalized classes.