PR No. 4/2026–2027

Lawngtlai, April 4, 2026 — The Cooperation Department under the Lai Autonomous District Council (LADC) has issued new guidelines (Office Memorandum No. K.2011/3/2024-LDC/COOP dated 02/04/2026) to ensure a more transparent and systematic process in the distribution of financial assistance to various Cooperative Societies.

Under these new guidelines, all applications for financial assistance will be thoroughly scrutinized before any grant is sanctioned. This step aims to prevent misuse of funds and ensure proper utilization for developmental purposes.

To oversee the selection of eligible Cooperative Societies, a Selection Board for Financial Assistance to Cooperative Society (SBFACS) has been constituted. This Board will make the final decisions regarding the allocation of financial assistance.

Composition of the Board:

1. Chairman: Chief Executive Member (CEM), LADC

2. Vice Chairman: Executive Member i/c Cooperation, LADC

3. Member Secretary: Deputy Registrar of Cooperative Societies (DRCS)

4. Members:

* Secretary (GAD)

* Secretary (Finance)

* District Council Agriculture Officer (DCAO)

* District Council Industry Officer (DCIO)

Eligibility Criteria for Applying Financial Assistance:

1. The Cooperative Society must be registered under LADC for at least one year.

2. A Resolution must be passed by the Society’s Board of Directors.

3. A detailed Project Report must be submitted to the DRCS.

4. Funds must be used strictly for the approved purpose as stated in the Project Report.

5. The DRCS will conduct a field verification before approval.

6. The Society must maintain transparency and accountability in financial dealings.

The Cooperation Department emphasized that these new guidelines are crucial to ensure that Cooperative Societies follow the right path for development and that Council funds are utilized effectively and responsibly.

Written & Published by:Information & Public Relations Department Lai Autonomous District Council, Lawngtlai