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Tag Archives: cooperative

Co-ops: By the Community, For the Community

The Ouachita Electric Cooperative Corporation in Camden, AR was awarded just under $20 million from a Farm Bill Loan. The cooperative services 5 counties in Southern Arkansas, and has helped save customers money on bills, has increased employment for the small community, and has created new and more projects for …

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MSC Bank loans to sugar mills under lens

MUMBAI: Investigative agencies looking at the role of Pawar family members and others in possible wrongdoing at the Maharashtra State Cooperative (MSC) Bank are examining at least eight instances of allegedly unsecured loans to cooperative sugar factory units related to directors, said people with knowledge of the matter. Also under …

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Farm loan scam unravels in MP

The farm loan scam in Madhya Pradesh continues to unravel, as reports pour in of farmers dying and more and more farmers complaining of being named as beneficiaries of loans that they never received. Official sources claim that the extent of the scam in the Gwalior division alone could go …

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Loan waiver offers little relief to Karnataka farmers

Biliaiah, a 59-year-old farmer in Maddur taluka of drought-hit Karnataka, killed himself by drinking poison on his three-acre plot a month ago. His widow Shashikala is yet to figure out how deep in debt he was or even who his creditors were. All she knows is that he took new …

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