Bagalakote: Jamakhandi Amulya Finance Literacy Centre Councillor Vittal Gurava said that corruption and malpractices will be prevented by giving top priority to cashless transactions in cooperative societies.
He was speaking at the 69th All India Co-operative Week programme organised jointly by Karnataka State Co-operative Federation, Bengaluru, District Co-operative Union, Teradal Constituency Co-operative Societies and Dhavaleshwara PKPS at Dhavaleshwara village on Sunday November 20. “As far as possible, all cooperatives should give priority to cashless transactions,” he emphasised.
Inaugurating the function, Teradal MLA Siddu Savadi said, “Development in cooperative sectors is possible only through the cooperative principle that he is for all and everyone is for himself. Digitisation will prevent malpractices and bring transparency to transactions. We will try to start a branch of BDCC Bank in the village as demanded by Dhavaleshwar villagers.”
He said that if a suitable road is shown, the Government-approved PU College that the village has been permitted to start will soon begin.