Karimnagar DCCB thanks KCR for enhancement of honorarium for PACS chairpersons

K M Dayashankar


KDCCB general body meeting passes resolution demanding the government to procure farm produce from Telangana farmers


KARIMNAGAR:  The Karimnagar District Cooperative Central Bank (DCCB) has unanimously passed a resolution thanking Chief Minister K Chandrashekhar Rao and Minister for Agriculture and Cooperation S Niranjan Reddy for taking initiatives for the enhancement of honorarium to the chairpersons of the Primary Agricultural Cooperative Societies (PACS).

The state government has decided to enhance the honorarium of the PACS chairpersons based on their turnover as part of the new Human Resource policy worked for the societies. It may be recalled that a seven-member committee appointed in 2019 headed by TSCAB chairman Konduru Ravinder Rao, NABARD Chief General Manager, Regional Director of RBI, Registrar of cooperative societies, TSCAB MD and two special representatives (Mohanaiah and Praveen Reddy).

On this occasion, Karimnagar DCCB chairperson Konduru Ravinder Rao along with PACS chairpersons had conducted ‘milk abhishekham’ to the portrait of the Chief Minister on the premises of DCCB and hailed his leadership for the strengthening of the cooperative sector.

Speaking on the occasion, Mr Ravinder Rao said that the honorarium for the PACS chairpersons would be increased ranging from Rs 7,500 to Rs 15,000 per month depending upon the activities and turnover of the cooperative societies. They would be paid honorarium of Rs 7,500 per month if the turnover was Rs 5 crore per annum, Rs 10,000 per month if the turnover was Rs 5 crore to Rs 10 crore and Rs 15,000 per month in case of turnover of Rs 10 crore to Rs 15 crore per annum.

He said that the HR policy of the cooperative societies would ensure job security for the staff and help them secure 25 per cent reservations for employment in the cooperative banks. He also said that the PACS CEOs would be also transferred for every three years. In the meeting, the PACS chairperson felicitated Mr Ravinder Rao by presenting him with ‘gajamala’ for taking initiatives to increase their wages.

The KDCCB had also passed a unanimous resolution urging the Union government to procure the paddy produce during the Rabi season from the farmers of the Telangana state. Stating that the Union government had produce farm produce of Punjab state during the khariff and rabi seasons, the DCCB demanded the Union government to procure the paddy from Telangana farmers also.

DCCB CEO N Satyanarayana Rao, NABARD DDM P Ananth, DCO Srimala, DCMC chairman A Srikanth Reddy, board of directors and others were also present.

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