Save primary co-op housing societies

CHENNAI: The Tamil Nadu Taluk-level Co-operative Housing Societies Employees Union (TTCHSEU) has urged the State Government to take immediate steps to protect all the Primary Co-operative Housing Societies, here on Monday. TTCHSEU is affiliated to Tamil Nadu Government Employees Union (TNGEU).
Speaking to reporters, K Balasubramanian, president, TNGEU, said that a demonstration to this effect will be held in the State headquarters on Tuesday.
He appealed to the State to issue a government order for immediate disbursal of salaries to the employees of the Primary Co-operative Housing Societies. He pointed out that It had been pending for 40 months now.
The illiquid housing societies should be rejuvenated by providing adequate funds to disburse new housing loans, he urged.
He also felt that the State should ensure the job-safety of the employees of the housing cooperative societies. “The employees, based on their qualification, can be used to fill in the vacancies in the State departments so as to ensure their job assurance and alternative employment”, he suggested.
Balasubramanian observed that the primary cooperative housing societies had suffered a loss of `1,000 crore due to the loan waivers announced by the State at various intervals.
“The State government should come forward to shoulder this burden and to fund the dwindling primary cooperative housing societies”, he added.
He also demanded that the 700 employees working in the cooperative housing societies should be regularised as they continue to figure in non-regular category.
Besides, Balasubramanian urged the State to take over the Taluk-level Co-operative Housing Societies which were effectively rendering service to the economically backward class.

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