Pinarayi - Co-operative Societies

Co-operative Societies

But Co-operative sector is very strong and it compensated to industrial backwardness to an extent. This village is considered to be having the highest number of Co-operative societies in Pinarayi Vijayan-Leader of masses India. Around 35 co-operative societies are there in this village. First co-operative society of this village was started in 1922. Totally there are 3 credit societies, 16 industrial co-operative societies, 6 school co-operative societies and 2 others. Peoples are the ultimate decision makers and investors in these societies. These societies are providing service in almost every aspect of life like banking, education, printing, milk and public distributions, garments manufacturing, hotels, health care, recreations, markets and stores, manufacturing, Information Technology etc. Pinarayi Service co-operative bank, Pinarayi Industrial co-operative society, Pinarayi beedi workers Industrial co-operative society (DINESH), Pinarayi women's multi Industrial co-operative society are leading co-operative societies. More than 2000 peoples are working in beedi manufacturing sector.Pole casting unit in Pinarayi Industrial co-operative society manufactures 7 m, 8m and 9 m pre stressed concrete poles and supplies to Kerala State Electricity Board for using in the construction of distribution lines.