Cooperative sector banks key to development: Kerala CM

Kerala Chief Minister V S Achuthanandan on Saturday said Cooperative banks contributed a lot for the development of Kerala.

Kochi: Kerala Chief Minister V S
Achuthanandan on Saturday said Cooperative banks contributed a lot
for the development of Kerala.

Speaking after inaugurating the new building of Edappally
Service Cooperative Bank Limited he said this sector was in
the forefront in the education, agriculture, industrial and
health sector.
He said price rise was controlled to a certain extend in
Kerala due to various efforts taken by of SupplyCo and
Cooperative sector institutions.

Earlier, Achuthanandan also laid foundation stone for the
new campus of National University of Advanced Legal Studies
at the nearby Kalamassery.

For the renewal of libraries in the higher education
sector institutions, government had earmarked Rs 30 crore in
the budget, he said.

Government had initiated projects for upgrading
infrastructure facilities in colleges and had earmarked a
record Rs 121 crore in the budget for the higher education
sector alone, he said.
The Central University which was alloted to Kerala has
already started in Kasargod and land acquirement process was
in progress for starting Aligarh University campus at
Perinthalmanna, he said.

He said steps have already been taken for starting the
Information and Communication Technology Institute at
Thiruvananthapuram. The project cost is Rs 14 crore, he said.

PTI

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