Udupi: Swaraj Vividoddesha Souharda Sahakari launched in city


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Bellevision Media Network

Udupi, Sep 01, 2014: The entrepreneur Dr Manoranjandas Hegde inaugurated Swaraj Vividoddesha Souharda Sahakari (Multipurpose Credit Co-operative) at Suchetana Building, Ambagilu, here on Sunday August 31.

 

Badagubettu Credit Co-operative Limited chief manager Jayakar Shetty Indrali was the chief guest of the occasion, after releasing the share certificates said that co-operation is essential in every sphere of life.  The life is dependent on principle of co-operation.  Its also part of social service by being active in co-operative movement, said Jayakar.

 

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‘The co-operative movement lies in advancing financial assistance to those who seek to empower themselves from wealthy.  Trust is the basis of every transaction.  It’s significant that 60 percent of people depend on co-operative sector for their financial needs.  The co-operative attitude of coastal residents of undivided Dakshina Kannada district that is the cradle of commercial banks, the selfless service and honesty of governing body of co-operatives, diligence of employees contributed for thriving co-operative business,’ said Jayakar.  He hoped Swaraj Multipurpose Credit Co-operative grows to become leading financial institution in the future.    

 

Speaking on the occasion, Udupi district Co-operative Union president Kishan Hegde Kolkebail said that being engaged in co-operative sector is not a profession, but it’s the way of life, owing to which co-operative sector has thrived in undivided Dakshina Kannada district.  

 

The entrepreneur Shirva Nadibettu Nityanand Hegde presided the programme.

 

The local medical practitioner Dr P Ganapati Rao, Swaraj Vividoddesha Souharda Sahakari chairman D Radhakrishna Shetty, deputy chairman Vinay Ballal, directors U Chandrashekar Rao, Leo Clarence Cornelio, Balakrishna Shetty, Veda Naveen Shetty, Hemavati P Shetty, Sundar Amin and Santosh Cornelio, advisors D Sitaram Shetty, Tonse Sitaram Shetty were present on the occasion.

 

Satischandra Shetty compered the programme.

 

 

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