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  • Fishcopfed is part of Blue Revolution: Govt

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    The apex body of fisheries cooperatives in the country FISHCOPFED held a brainstorming session on the subject “Strengthening fisheries cooperatives” last week at its headquarters at Sarita Vihar in Delhi where it became obvious that govt treats the co-op federation as a partner in achieving goals of Blue Revolution. Fishcopfed had invited Salim Sultan, senior consultant in the Ministry who ......
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  • Govt sets up 27 CoEs in Horticulture so far: Minister

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    Stressing the need to support  farmers in the horticulture sector Union Minister Radha Mohan Singh said the challenge is to complement the sector with food processing, cold-chain agro logistics, agri-business, input related services, agricultural lending, insurance and value chain related services. In case of Horticulture, cold-chain strengthens the total value chain system and enables socio-e ......
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  • Shiv Pal era gone, overhaul of co-ops imminent

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    Uttar Pradesh Chief Minister Adityanath allocated portfolios to his cabinet colleagues on Wednesday and allocated Mukut Bihari Verma the cooperative department in the state. Knowledgeable sources say a major overhaul of the co-operative sector is on the cards. Majority of cooperative organizations of the state are being controlled by the families of SP patriarch Mulayam Singh Yadav. Be it Prade ......
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  • Cosmos Bank launches LTD Scheme

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    The Chairman of The Cosmos Co-op Bank Ltd., CA Milind Kale announced that, Cosmos Bank has recently launched The Long Term {Subordinated} Deposits Scheme - 5 on approval of Reserve Bank of India & Central Registrar of Co-op Societies - New Delhi, for limited amount for limited time period. Kale informed that the Long Term {Subordinated} Deposits (LTD) Scheme - 5 has started from Tuesday 21s ......
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  • NDDB ignited dairy co-op revolution: Singh

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    Lauding National Dairy Development Board’s (NDDB) role in bringing nutritional security to the country Union Agriculture Minister Radha Mohan said NDDB has adopted a scientific approach and systematic processes to create a favourable environment for the growth of the dairy sector. Singh said this at the launch of Coffee Table Book titled “50 Years – The Great Indian Milk Revolution” com ......
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  • Sikar District Co-op Bank bags first prize

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    NABARD awarded some of the banks in Rajasthan for their contribution in extending the net of rural credit. Sikar District Central Cooperative Bank won first prize for having been excelled in extending credit facilities to Self Help Groups (SHGs) in the state. The second prize was bagged by Bundi District Central Cooperative Bank and third Prize went to Jhalawar District Central Cooperative Bank ......
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Cooperative Coffee Shop

  • Increasing co-op impact by 2030

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    By Anca Voinea Over the next decade the number of co-op start-ups will double and membership will increase by 15%, according to the draft outline of a National Co-operative Development Strategy. The final stage of the year-long strategy was launched by Dame Pauline Green, former president of the International Co-operative Alliance, who chaired a panel experts that pulled together the strateg ......
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  • CHS in Mumbai “Inside” or “outside” of RTI

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    By I C Naik TOI March 2, 2017 detonated an RTI bomb on around 75,000 housing societies perhaps miss-reading the 13th February Order of the Aurangabad Bench of the Bombay High Court. The Bench dismissed writ petitions filed under Article 226/227 of the Constitution of India by Jalgaon Jilla Cooperative banks’ association claiming their status as “outside” of RTI Act 2005. The order has bee ......
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  • Co-op & RTI: Recognizing Ground Realities

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    By I C Naik Apropos the post by Shri Ajay Jha titled “Confusion abounds: Now HC Bench says co-ops fall under RTI “ this post tries to discern the confusion on an eccentric pitch. The Bombay High Court Aurangabad Bench (the Bombay HC)” rejected the relief sought by Jalgaon Jillha Urban Cooperative Banks Association Ltd vide Writ Petition No.1304 filed in 2008  under Article 226 and 227 ......
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  • Credit co-ops: Resolution of confusion over 80P

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    By Radhakrishnan K.V A lot of confusion is prevailing among the ITATs and Income tax authorities as well as the legal practitioners and Chartered accountants on the applicability of the provisions of Section 80P of Income Tax act 1961. The Section deals with deduction in respect of income of Co-operative Societies which is as follows:- “80P. Deduction in respect of income of co- operative ......
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