SHILLONG, March 12: The Meghalaya government has sanctioned Rs 16.7 crore to cooperatives societies in the state with zero interest under the Piggery Mission that was launched in September last year.
Replying to a query of Opposition Chief Whip, PT Sawkmie, on the status of the Mission, the Deputy Chief Minister, in charge of Animal Husbandry and Veterinary department, Prestone Tynsong, said that the amount was released through the Meghalaya Cooperative Apex Bank (MCAB) and 95 per cent of the cooperative societies has already availed the loan.
The deputy chief minister informed that the MCAB, so far, has released not less than Rs 5 crore, while adding that the majority of the cooperative societies, which have been sanctioned the loan, are fully functional.
Earlier, Sawkmie highlighted that the guidelines for Piggery Mission is very complex while suggesting that the government should modify and simplify it for the benefit of the farmers.
Tynsong, in response to his query, asserted that the government had held a series of discussions before releasing the mission document.
