The condition of cooperative societies is worsening in the state due to the absence of social spirit and lack of specific target of a mission, eminent economist professor N Mohendro Singh said on Wednesday during the celebration of 69th All India Cooperative Week, 2022 at the Institute of Cooperative Management (ICM) Imphal, Lamphelpat.
The programme was organised under the theme “Mainstreaming Cooperative Education, Professional Management and Re-Orienting Training” by ICM Imphal and Manipur State Cooperative Union (MSCU).
As a part of the programme, a road rally show was also carried out.
Attending the function as chief guest, Mohendro said that since 2002, cooperative sector is considered as one of the key instruments to eliminate poverty in India. However, many places in India, including Manipur are unable to meet the objectives that are required from this sector, he said.
However, with the formation of NITI Aayog, this sector is on new footing and even a new ministry for co-operative has been formed, he said. The government has started converting the cooperative sector as a professional job with an income perspective, he added.
He said that there are many reasons for the failure of the cooperative sector in Manipur. Arrogance and ignorance, absence of social spirit and specific target of a mission are major reasons why the objective is not achieved from the cooperative sector, he added.
Cooperative sectors can play a major role to address unemployment issues in the state, he said, adding that there is a high expectation that the present generation can deliver the advantages that can be benefited from co-operative sectors.
The programme was also attended by general manager of NABARD, Manipur Regional Office, N Guite; former director of ICM Guwahati, Kh Somorendro Singh; chief executive officer of MSCU, O Jiten Singh; former director of ICM Imphal, K Joychandra Singh; member of board of administration of MSCU, Sh Hemanta and president of MSCU, L Tompishak as guests of honour and president respectively.
