100 Percent Recovery Of Agriculture Loans: Minister Distributes Certificates Among Officers

Business Recorder

Punjab Minister for Cooperative Mahar Muhammad Aslam Bharwana has said that new reforms were being introduced in cooperative system in order to further accelerate the pace of economic development.

He stated this while distributing the commendation certificates among the officers of the Cooperative Department Faisalabad division showing excellent performance in 100% recovery of Agriculture loans advanced for current and previous crops.

Punjab Minister for Cooperative informed that decreasing of mark up of different loans was being considered for accommodating the small farmers and factory owners. He maintained that 98 agriculture tractors had been distributed among the small farmers on subsidized prices by the department.

The Minister urged upon the officers to work actively for providing quality departmental services to the cooperative societies. He also lauded the better working relationship between department and bank and said that best results of departmental activities could be achieved through coordinated strategy.

The Minister expressed his commitment that the weaknesses of department would be removed and no corruption would be tolerated at any cost. He said that departmental services would be equipped with the scientific lines for safe and useful investment in agriculture, housing and other sectors through the cooperative system. He assured the officers for all-out cooperation for the redress of their any sort of problems.

Zonal Head Punjab Provincial Cooperative Bank Mahar Noor Muhammad Khan said that transparency had been ensured in the advancement of loans. He informed that the targets of 100% recovery had been achieved with coordinated efforts of bank and department which is proof of the success of the cooperative system.

Deputy Registrar Malik Ishfaq Shahid said that the performance of the department would further be boosted up by the encouragement of Punjab Minister for Cooperative. He informed that loan of Rs 250 million had been advanced to the 1300 agricultural cooperative societies for the Rabi and Khareef crops and 100% recovery had been made by the department.

The officers who have received commendation certificates included Deputy Registrar Cooperative Malik Ishfaq Shahid, Zonal Head Provincial Cooperative Bank Noor Muhammad Khan, Circle Registrar Akram Javed, Muhammad Aslam, Ghulam Muhammad Jappa, District Officer Cooperative Nazar Muhammad Khalid, Assistant Registrars Muhammad Irfan, Shehzad, Ms Sana Misbah, Muhammad Naem, Muhammad Ahmad Rajoka, Syed Shouqat Shah, Zaheer Ahmad, Deputy Zonal Head Recovery Mahar Muhammad Iqbal, Deputy Zonal Head HR Muhammad Anwar Khan Niazi, Branch Managers Amjid Tabasum, Muhammad Ilyas, Rashid Munir, Syed Irfan Munawar, Imtiaz Ahmad, Muhammad Iqbal, Samar Iqbal, Imran Ali Shami, Nawazish Abbas, Umar Mutqi, Muhammad Ashraf, Mahar Muhammad Saleem, Muhammad Azeem, Khalid Mehmud, Javed Iqbal Sayal, Ex Circle Registrar Muhammad Nawaz, Atia Ateeq and Mahar Umar Draz.



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