Speaking at a programme organised on cooperative week celebration here, Meena said that none who is liable to repay the loan amount should be spared.
He also asked the officers to issue notices against such persons, including all influential people, who have not paid their loan amount past due time period.
The minister warned stern action, including auction of properties, against those who failed to pay the amount.
Registrar, Cooperative Societies, Pawan Kumar Goyal said that there was a need for cooperative societies to work in such a manner so that the societies can face the challenge by multi-national companies.
He laid stress upon modification in functioning style and improvement in quality of products and services of the societies.
