Cooperation Department 3rd review meet

Wokha, May 6 (MExN): The 3rd review meeting of Cooperation Department covering the period from October 2016 to April 2017 was held on May 2 at Hammock Resort, Wokha. The Review meeting was chaired by Lithrongla G. Chishi, IAS, Secretary to the Government of Nagaland, Cooperation Department.  

Review of the activities of the district and sub-division offices were taken up by all the district officers highlighting the recovery of loans, cancellation of non-functioning cooperative societies, status of audit and other ongoing projects.  

The Secretary while reviewing the performances, expressed appreciation to all field officers for recovering an amount of Rs. 1.06 crores from June 2016 to April 2017. She lauded the department for this extraordinary feat and reminded the department officers not to be complacent but to continue the momentum for achieving this current year target of recovering Rs. 2.00 crores.  

She stressed that with the enactment of the recent Nagaland Cooperative Act 2017, the recovery officers are empowered to initiate legal proceedings against the defaulting cooperative societies and to seize the mortgaged assets, and directed the district officers to initiate such steps in coordination with the district administration.  

While discussing the status of the “sick and non-functioning industrial cooperative units”, directions were issued to district officers to submit a report for initiation of liquidation process and realization of mortgage assets.  

Wepe Ritse, Registrar of Cooperative Societies, Nagaland while presenting a power-point on the activities of the department since the 2nd review meeting, highlighted the enactment and passing of the Nagaland Cooperative Act 2017 by the Nagaland Legislative Assembly, the successful participation during the Hornbill Festival 2016 and Republic Day 2017 celebration, the distribution of two wheelers for loan recovery, installation of new Board of Directors of MARCOFED and the preliminary formulation of Roadmap of Cooperation Department.  

A press note stated that the departmental officers were welcome by the host R. Bendang ARCS Wokha and the vote of thanks was proposed by A. Nthungo Lotha, Additional RCS.



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