Kerala will amend cooperative Act, says Vasavan
The Hindu
Draft report ready; Minister says cooperators in both LDF and UDF will be consulted
Minister for Cooperation and Registration V.N. Vasavan has said that the Kerala Cooperative Societies Act will be amended to introduce timely changes. A subcommittee has prepared a draft report on this. The amendments will be introduced after holding discussions with cooperators aligned to both the Left Democratic Front (LDF) and the United Democratic Front (UDF), he informed the Assembly on Thursday. He was responding to questions by UDF legislators on the lack of safeguards in the cooperative sector against the background of the Karuvannur Service Cooperative Bank loan scam.
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