Ban on registration of housing cooperative societies to continue: Buzdar.

LAHORE -- Punjab Chief Minister Sardar Usman Buzdar has said that ban on registration of housing cooperative societies will continue while non-functional agri-cooperative societies will be restored. Chairing a meeting to review the performance of the Cooperative Department and The Punjab Provincial Cooperation Bank Limited. The meeting approved different steps to make the Cooperative Department an active entity and also decided to lift the ban on registration of agri-cooperative societies. The chief minister said that The Punjab Provincial Cooperative Bank Limited will be revamped to strengthen the agri-economy. He announced that a professional and talented candidate will be chosen on merit for the post of the bank president. The meeting also approved to decrease the number of bank's board of directors from 39 up to 15. Usman Buzdar directed that surplus funds of Punjab Cooperative Board for Liquidation be best utilized and farmers service centres

of Cooperative Department be operationalised soon. He also called for the detail of approved vacant posts in the Cooperative Bank and Cooperative...