Tibetan Cooperatives sanction Rs. 1044 Million budgets

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Bangalore 8 May; For the financial year 2013-14, Board of Directors of 15 cooperatives and FTCI has sanctioned budget amount Rs. 1044 million. Budget screening committee of 15 cooperatives and FTCI meet at the end of March every year and subsequently BoDs sanction yearly budget. The highest budget sanctioned among all cooperatives is Lugsam Tibetan cooperative with Rs. 368.8 Million and least one is Sonada cooperative with Rs. 2.9 Million.