November 16, 2010 1:58 PM

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Govt. introduces Multi State Cooperative Societies Amendment Bill

The government today introduced an amendment bill aimed at making the management of the multi state cooperative societies more accountable, self reliant, democratic and professionally efficient. The Multi State Cooperative Societies Amendment Bill has provisions for broad based representation in the Board of the societies, the setting up of audit and ethics committee and several other measures for bringing transparency in the functioning of the cooperatives. The Bill was introduced in the Lok Sabha by the Minister of State for Food and Agriculture Mr. K.V. Thomas.

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