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  • Kumar moots idea of Indian Council for Fertilizers Research

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    Union Chemical and Fertilzer Minister Ananth Kumar has announced formation of Indian Council for Fertilizers Research, on the lines of ICMR and ICAR. Kumar was speaking in a Conference of officers of States and UTs in New Delhi on Tuesday which deliberated exhaustively on the subject fertilizer for the first time perhaps. Kumar said research is very much...
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  • Vamnicom: Cooperators resent Ministry’s diktat

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    Cooperators connected with NCUI the apex cooperative body have objected to the Ministry issuing a letter appointing the Central Registrar Ashish Bhutani as the Director of Vamnicom. This is for the first time that the Ministry has directly appointed a head of the prestigious co-operative institution without keeping the apex body in the loop. It has led to heart-burns in the co-operative sector. ...
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  • RBI Guv: Portal desk flooded with congratulatory massages

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    Congratulations for the newly appointed RBI Governor Urjit Patel continue to pour as Indian Cooperative desk is finding hard whom to accommodate and whom not. Last week Modi government appointed Patel thereby ending media speculation in the wake of Raghuram Rajan’s end of tenure. We reproduce below a few more comments on Patel’s elevation and expectation of the cooperative banking sector fr...
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  • Co-op banks used as a proxy in Maharashtra

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    Income Tax officials conducted a survey at scores of places including cooperative banks, in Jalna district in Maharashtra. The survey was aimed at sending a message to those who are refusing to cough up their black money, reports Times of India. According to tax officials, small cooperative banks in the district were being used as a proxy to carry out alleged illegal transactions. The banks ...
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  • Pension schemes to shore up fortunes of PACs

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    The Kerala government to ensure home delivery of social security and welfare pensions through district cooperative banks (DCBs) and primary agriculture credit societies (PACSs) will likely shore up the fortunes of these cooperative institutions in the state, reports Hindu. According to the operational guidelines, the home delivery of pension amounts, the Cooperative Department or the DCBs will ...
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  • CM inaugurates branch of a multi-state co-op

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    Maharashtra Chief Minister Devendra Fadnavis inaugurated recently the 11th branch of the Godavari multi-state Credit Co operative Society in Nagpur, reports Nagpur Today. In his remarks on the occasion, the chief minister said co -operative credit societies are vital for the development and progress of an area. Several dignitaries attended the function....
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Cooperative Coffee Shop

  • CHS: How to avoid courts to solve your issues

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    By I C Naik I suddenly realized that of late I have been liberally recommending members to rush to Courts be it Co-operative Court or Consumer Court or the Deputy Registrar as a Grievance Officer, for solving member’s problems. Besides being a protracted event  resulting in strain to peace of mind and Pocket. Finally the Supreme Court is the limit you can go up to. Moreover ...
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  • Do Cooperatives Need a Separate Ministry?

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    By Balu Aiyer (Regional Director Asia and Pacific at International Co-operative Alliance) I recently received a query from a member country about where to locate cooperatives in their ministry. The question was as follows, “In a move to make the cooperative sector more effective and efficient, the government is deciding whether to transfer the cooperative departme...
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  • Co-op model as ‘an alternative’ to capitalism

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    By Rebecca Harvey Following the collapse of British Home Stores, Co-operative Group CEO, Richard Pennycook, highlighted how the co-operative model offers a different way for doing business. An editorial in The Times newspaper on 25 July, which reflected on the BHS debacle, concluded that ‘No more productive system has ever been devised than market exchange and capitalism...
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  • Is one world order possible?

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    By Jaya Arunachalam The globe is currently facing series of unprecedented challenges like terrorism,  religious and ethnic conflict, environmental degradation, poverty etc. Under the circumstances, it is a positive augury that the United Nations has thought to cite a quote from the ancient Indian Vedic Verse  'Vasudhaiva Kutumbakam' meaning the world is one family. The verse ...
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