While Minister talks of strict surveillance of cooperative banks, robbers remain unmindful of any threat in Tamil Nadu.
Just a day after the state cooperatives minister announced that surveillance cameras would be installed in all cooperative banks, a gang of burglars attempted to rob a central cooperative bank in the wee hours of Tuesday in Tirunelveli in Tamil Nadu.
Rearders may recall that the Minister had said that strict security measures including the installation of surveillance cameras would soon be undertaken in all the cooperative banks in the state. All this will be done to make the banks secure as there has been a sudden increase in the number of crimes committed in the banks, Cooperation Minister S.K. Raju told the Tamil Nadu Assembly recently.
According to the minister, about 90 million rupees would be spent on providing a score of district central banks with core bank solutions.
Nearly hundred branches of central cooperative banks and urban cooperative banks would be modernised to bring them on a par with the commercial banks. Several agricultural cooperative credit societies existing on the perphery of Chennai would be raised to the status of urban credit societies, the minister announced.
Official sources claim, the performance of the primary agricultural cooperative credit societies in distributing crop loans in the state this year has been excellent.
Sources add the cooperative organisations are active in the tribal areas as well. They are putting in maximum efforts to market the produce of the tribal people.
