Question : Irregularities in Cooperation Sector

(a) whether the Government is planning to take strict & stringent actions against the societies for the irregularities found in co-operative credit societies covered under multi-state status working across the country and to recover and restore the funds to small investors who had invested their hard-earned money in such credit societies;
(b) the details of such societies which have been found so far and the punitive action proposed State-wise, society-wise thereof; and
(c) the details of the irregularities found so far?

Answer given by the minister

MINISTER OF COOPERATION ???????? ?????? (SHRI AMIT SHAH)

(a), (b) & (c) - Complaints have been received for non – repayment of funds against some of the multi-State credit cooperative societies.In case of delinquent societies, action for winding up is taken under section 86 of theMulti State Cooperative Societies (MSCS) Act, 2002. State-wise list ofsuch societies is at Annexure I.



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