Sri Vijaya Puram, Feb 25: The Tribal Development Cooperative Society Ltd Nancowrie distributed bonus shares to tribal farmers across various villages, marking a significant step toward economic empowerment and sustainability for the tribal community. This initiative is being implemented under the leadership of Smti. Aysha Majid, Chairperson of the Tribal Development Cooperative Society Ltd.
The distribution of bonus shares is aimed at recognizing the invaluable contribution of tribal farmers to the cooperative’s success and ensuring they receive their rightful share in the prosperity of the society. The initiative will benefit farmers from multiple villages, with the active participation of respective village captains and tribal councils, ensuring a fair and transparent distribution process.
on the occasion, Smti. Aysha Majid emphasized the importance of uplifting the tribal economy and empowering local farmers through cooperative efforts. “This initiative is a testament to our commitment to strengthening the financial well-being of our tribal farmers. By distributing bonus shares, we are not only sharing the success of the cooperative but also reinforcing our long-term vision for sustainable development,” she stated.
Rayhaan Pasha, President of Nicobar Youth Association extended his support and highlighted the critical role of the tribal community in the economic development of the region. He reiterated their dedication to promoting financial inclusion and improving the livelihoods of tribal farmers. He also appreciated the Government of India and A&N Administration’s encouragement of tribal social initiatives and the timely support provided, which has significantly contributed to the success of these efforts. Additionally, he expressed his appreciation for the efforts made by Smti. Aysha Majid in spearheading this initiative, acknowledging her dedication and hard work in driving the cooperative’s vision forward.
The village captains and tribal councils have played a crucial role in facilitating this initiative, ensuring that the benefits reach the deserving farmers effectively. Their cooperation has been instrumental in maintaining transparency and fairness throughout the process.
The Tribal Development Cooperative Society Ltd. remains committed to fostering growth and economic sustainability for the Nicobar tribal community. This initiative is expected to create long-term benefits, empowering farmers to reinvest in agriculture and improve their standard of living.
