BHUBANESWAR, Jan. 31 -- With the tenure of management committees of 1,926 primary cooperative societies ending in January 2020, Odisha government has decided to postpone the election to such committees to shore up the financial condition of loss-hit societies.
As per reports, the financial condition of these cooperative societies has turned out to be a headache for the government as most of them have been hit hard by losses. Even State Co-operation Minister, Ranendra Pratap Swain has acknowledged the issue.
"Term of 1,926 cooperative societies is ending this month so we are going to put govt officials in-charge of the societies. Before polls, we have to set the financial position right. Societies in all the districts are saddled with prob...