Speaking to media
persons after flagging off the first consignment of agricultural value-added
products to the USA, he said that 30
cooperatives have been chosen for the export of agricultural products, with
more cooperative societies expressing interest in the project.
The minister also
reported that the construction of Vizhinjam port is progressing rapidly. "The
completion of the project will open more opportunities for the development of
the state,"
As many as 31 of the 32 cranes for Vizhinjam port
has arrived from China, and the construction of groynes has been completed
ahead of schedule. The work for the bypass is in the final phase. The Kerala Maritime
Board plans to start ship services connecting tourism spots in Kerala with
important ports in other states, he added.
Addressing the
situation of the Karuvannur Cooperative Society, which faced a crisis following
allegations of fund misappropriation, the minister stated that the society has managed to regain the
confidence of investors.
"Around Rs 120
crore has been distributed to small investors, and large investments have been
redeposited after part payment of deposits. The society received Rs 2 crore as
a deposit and has also started a chit fund for members," he added.