CHENNAI: In addition to providing additional services to the people, cooperative societies are showing seriousness in starting alternative industries like setting up hospitals and social welfare centers to operate profitably. Under the cooperative sector, many cooperative societies, ration shops, supermarkets, including 4,451 initial agricultural cooperative credit societies, are functioning. It runs vegetable shops, petrol station and gas agency.
The initial co-operative credit societies provide crop loans, jewelery loans and sell agricultural produce. Co-operative societies in many states, including Kerala, are involved in various industries such as multi-purpose hospitals, value-added export of agricultural products, setting up and renting out cold storage facilities. Thus, they operate at a profit and also provide many benefits to the employees.
Many co-operative societies in Tamil Nadu are running at a loss as they cannot pay their employees. The main reason for this is the misbehavior of politicians who are union leaders. Therefore, through cooperative societies, it has been decided to engage in many types of industries such as factories producing agricultural products, storage warehouses. In this situation, Union Minister of Cooperatives Amit Shah said that cooperative societies provide better services to the people and are profitable. To function, social welfare centres. He advised them to engage in industries like hospitals, educational institutions, selling petroleum products, setting up solar power plants.
For this purpose, the central government is also providing loans at low interest rates. Therefore, the cooperative societies in Tamil Nadu are showing seriousness in starting alternative industries such as hospitals, social welfare centers, cold storage warehouses in the vacant places owned by them. For this purpose, the officials are discussing through which association and what works can be started.
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