National Labour Cooperative Federation of India the apex body of labor cooperatives in the country will be revived soon, claimed Madhya Pradesh Cooperative Minister Vishwas Sarang while speaking before the seminar organized on “Digital Cooperative Banking Summit 2017” in Bhopal. Sarang is on the board of the beleaguered cooperative.
Cooperators connected with labour co-operatives say they count themselves lucky to have one of their Board members being a Minister in the Madhya Pradesh govt. It was Ashok Dabas, one of the Directors of NLCF who broke the news of Sarang being appointed as a Minister in Madhya Pradesh to the Indian Cooperative.
While talking to this correspondent the MP cooperative minister said “I have been in contact with the chairman of the apex body Sanjeev Khushalkar and preparing a road map for the labor cooperative federation. Hope it will soon be brought to life again, he added.
”We are working out a concrete policy to revive the federation but it is difficult to run it only as a grant-in-aid body. I am sure, its reactivation will strengthen the labor movement in the country ” he noted.
Several cooperative leaders from Madhya Pradesh confirmed “the cooperative minister is active always addressing the issues related to the cooperative sector in the state. There were many ailing cooperative banks and other cooperative institutions in the state but after he took over as the cooperative minister, there is a marked improvement in the situation, said a cooperator during the conference.
Meanwhile, the NLCF has submitted an application for setting up of ” Atal Incubation Centre”. It is a Rs 20 crore project for which we have sought Rs 10 crore from the central govt and the remaining Rs 10 crore would be invested by us”, the minister said.
Readers would recall that in the last financial year 2015-16, the NLCF has incurred a loss of Rs 23 lakh. There was a grant of Rs 7 lakh for SC/ST and Tribal Sub Plan but there was no grant for general activities, said its Managing Director Pratibha Ahuja earlier during the AGM.