Chandra Pal raises co-op taxation; Shah assures help

Speaking on the occasion of the mega co-operative conference in which Amit Shah was the Chief Guest, Kribhco Chairman Dr. Chandra Pal Singh Yadav raised the issue of parity between cooperatives and corporates.

There are cases of disparity with co-operatives as we are taxed more than Corporates. Even merging our subsidiaries to the parent body, costs us much more than it costs corporates, underlined Chandra Pal.

Chandra Pal’s words were immediately noted by the minister who referred to them in his speech. Amit Shah said, “I am aware of issues plaguing co-operatives and I assure you Chandra Pal jee that nobody can do injustice to co-operatives now”.

In his speech, Kribhco Chairman also raised the issue of PACS and said that they should be made the engine of growth for rural development. “Co-ops should take benefits from several govt schemes announced recently”, said Chandra Pal.

Chandra Pal also said that co-operatives have associated themselves with farming since the beginning and now a time to take a step ahead has come. “Let us focus our attention on agro-processing as I am sure co-ops can do wonders here too”, stated the Chairman.

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