Sikkim CM Congratulates SIMFED, MPCS for Over ₹1.3 Crore Dividend

Chief Minister Prem Singh Tamang extended heartfelt appreciation to the Sikkim State Cooperative Supply and Marketing Federation Ltd. (SIMFED), Dentam MPCS, and West Pendam MPCS for their significant contribution of dividends to the State Government.

SIMFED presented a dividend cheque amounting to ₹1,29,99,000, while Dentam MPCS and West Pendam MPCS contributed ₹22,500 and ₹20,000 respectively.

The Chief Minister acknowledged SIMFED’s continued commitment to the growth of the cooperative sector and its pivotal role in supporting the State’s economic and developmental initiatives. He described the dividend handover as a reflection of SIMFED’s efficient functioning, financial prudence, and dedication to public welfare.

CM encouraged SIMFED and all MPCS units across the state to sustain their efforts and continue serving as role models for cooperative institutions in the region. He emphasized that such contributions reinforce the State Government’s resolve to strengthen the cooperative movement, foster self-reliance, and promote inclusive development.

The Chief Minister conveyed his best wishes to the Chairman, Secretary, board members, management, and all stakeholders of SIMFED and the MPCS network, applauding their collective efforts and dedication towards cooperative excellence in Sikkim.