Newmai News Network Imphal | August 26 Manipur Chief Minister N Biren Singh said today that his government will prepare ranking of all the banks operating in the State on the basis of the services provided by the banks to needy people. The amount of money to be deposited from the State’s exchequer to these banks would be decided by this ranking, he added. The Chief Minister was speaking at the inauguration of the newly renovated building of Imphal Branch of Manipur State Co-operative Bank Ltd located at Old Assembly Road. Biren said that there is no point to deposit money to the banks which are not willing to serve the needy people. He added that a circular would be issued to ask the banks to submit the details of the services provided to the public soon. Lauding MSCB Ltd. for helping different sections of the society, the Chief Minister said that it is really encouraging to know that the bank has so far provided loan of around Rs. 9 crore to different individuals and organisations who approached him for financial support on Meeyamgi Numit and Hill Leaders’ Day. Stating that economy is the backbone of a welfare society, Biren said that the new State Government had started taking up steps to enhance State’s economy by encouraging entrepreneurship and self employment through StartUp. Speaking at the occasion as the functional president, Social Welfare Minister and Co-operation Minister Nemcha Kipgen said that with an aim for development of Primary Agricultural Credit Societies as multi-purpose self-reliant entities, allied sector cooperatives, and viable functional linkages among cooperatives, the State Government has decided to launch six Integrated Cooperative Development Projects in six districts of the State, namely Kangpokpi, Ukhrul and Tamenglong in the hills and Imphal East, Imphal West, and Jiribam in the valley. Under these six proposed ICDPs to be launched, it is expected to benefit 2,700 Societies by promoting various economic activities through cooperatives in the sphere of agriculture, agro-based industries, cottage and household industries and agro-allied sector like fishery, dairy, handloom, horticulture, rural industries in the six selected districts, Nemcha added.
