PTI govt taking steps to revamp cooperative societies: CM

Lahore

LAHORE:Punjab Chief Minister Sardar Usman Buzdar has said the Pakistan Tehreek-e-Insaf (PTI) government had been taking steps to revamp cooperative societies as their role was important in strengthening the agricultural economy.

He said the purpose of the international cooperatives movement was to jointly work for collective wellbeing while getting rid of the forces of exploitation.

In his message on the International Cooperative Day, the CM said a revolution could be brought in the agriculture sector through the cooperative movement. The role of cooperative societies had remained commendable in the agriculture and housing sectors, he added and appreciated the provision of residential facilities to the needy people and the distribution of loans among farmers through cooperative societies.

However, there was a need to reinvigorate the cooperatives movement, he maintained and regretted that the past governments did not perform sufficiently to highlight the strong role of cooperative societies.

The CM said the Punjab Provincial Cooperative Bank Ltd was being revamped for strengthening the national economy. The government would promote the cooperative movements by activating the cooperatives department and it would be provided with every sort of assistance, the CM assured.

The agriculture and economic self-reliance targets could also be achieved by activating the cooperatives movements and this day demanded that such activities should be further promoted at the grassroots level, added the CM.

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