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UPDATES: April 2007

 
State Government of Arunachal Pradesh signed the Memorandum of Understanding (MoU) under the Revival Package with GoI and NABARD on 04 May 2007
   
The fourth meeting NIMC was held on 26 March 2007 and decided that PACS which are not in a position to bring in their share of assistance as brought out in the special audit will be given a moratorium of 2 years to comply with the minimum CRAR norm.
   
Progress of Special Audits of PACS
   
 
Completed in respect of all 28 districts in Rajasthan and recommended by DLICs and SLIC.
Completed in all 17 DCCBs of Orissa and are being verified by DLSTs and CAs.
Completed in respect of five districts in Andhra Pradesh and have been recommended by DLICs and SLIC.
   
Completed in respect of five districts in Madhya Pradesh and are being test checked by Chartered Accountants.
   
Completed in respect of 4 districts in Haryana .
 
The Government of Andhra Pradesh has amended the AP Cooperative Societies Act vide gazette notification dated 16 April 07 . The Government of Haryana has also amended the Haryana Cooperative societies Act, 1984 by issue of an Ordinance. Vide Gaz. Notification dated 17 April 2007.
   
The draft report of the Subcommittee on NER has been submitted.
   
Common Accounting Manual for PACS has been issued for implementation.
   
HRD- Series of training programmes for of Master trainers have commenced at BIRD from 23rd April 07 focussing on training of staff and elected members of PACS. The reading material is also being translated in local languages

 

 
     
     
     
     
     
     
     
     
 
 
   
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