Establishment of first Auto Labour Cooperative Credit Society in the State
Establishment of first Auto Labour Cooperative Credit Society in the State
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Siddipet: Finance Minister Harish Rao is well aware of the problems of auto drivers in Siddipet district and then decided to help them and stood by them. Last year, the so-called corona virus has destroyed many lives. It also caused a lot of trouble for auto drivers in the State's Siddipet district.

Minister Harish Rao has set up a cooperative credit union with auto workers across Siddipet district to help financially. As there was no direct payment to the society from the government, Minister Harish Rao pledged to the bank for capital of his house and deposited Rs 45 lakh to the community. Apart from this, 666 auto workers with the help of his friends received insurance of Rs 2 lakh and filled the premium. All of them got a driving license along with Siddipet DTVO.

The cooperative society will be launched today, i.e. Thursday Minister Harish Rao. On this occasion, the bank provides ATM cards, licenses and uniforms to the community members. Auto Employees Cooperative Credit Union was established for the first time in the state. The meeting with officials on the Cooperative Alliance Act discussed the need for capital to form a credit union and accept loans.

The Executive Committee was constituted with retired Head Master, Retired Police Officer, Doctor and Accountant to manage the credit union. It takes care of monthly savings and loans. 5,000 rupees is given by the Union on death or marriage in the houses of members. Members will be trained on moral ity, personal hygiene, family nutrition, children's education and humility to those who travel in autos every month.

Minister Harish Rao said that many auto drivers were upset because of the corona and that their families' financial condition was bad, and then we wanted to help them, they should do the same. Thinking about all this, we formed this committee. I did everything I could.

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