Home Latest News Modi fails to mention co-op in his chat with farmers 0 June 21, 2018 In his interaction with farmers of the country Prime Minister Narendra Modi did talk about the strength of Farmer Producer Group and FPO but did not mention the role being played by cooperatives in the country from agri inputs to finance to marketing of farmers’ produce. Modi said Farmer Producer Group and FPO (Farmer Producer Organisation) play big role in getting agricultural inputs at low co ...... Read more Saraswat Bank wins NPCI Excellence Award 0 June 21, 2018 “National Payments Corporation of India (NPCI) has honoured Saraswat Bank with the National Payments Excellence Award in recognition of its excellent performance in various products viz. NFS ATM Network, RuPay, CTS, Instant Payment Products (IMPS+UPI+BHIM+USSD), NACH & AEPS. Saraswat Bank has been chosen as the Winner across the entire product range this year as against last year wherein it ...... Read more Co-op connection gains strength between India & Nepal 0 June 20, 2018 Union Minister of Agriculture and Farmers’ Welfare Radha Mohan Singh met his Nepalese counterpart Chakra Pani Khanal, Minister for Agriculture, Land Management and Cooperatives in New Delhi on Tuesday and assured him of India’s support to further Nepal’s agriculture and cooperative sectors. Singh said both countries are largely agrarian and agriculture has been identified by the two sides ...... Read more More : NCUI: NCCE trains women cooperators across nation PM to have dialogue with farmers today IFFCO: Kapur chairs International Conference in Berlin ICA Board member comes to NCUI saying “Thanks” Amit Shah meets Sahakar Bharati officials UP Co-op Bank MD displays classic disdain for media NAFED turnaround due to NDA policy: Minister Adarsh Credit Co-op must pass through the acid-test Godown fire: If Nafed is guilty, so is Rupani’s govt Bombay Mercantile Co-op Bank: MD denies wrong-doings SVC Bank polling over, result on June 22 PM Awas Yojana: KAIJS Bank ranks 3rd among UCBs Sumul: When farmers expose politicians’ nefarious design Kendriya Bhandar: End of Rawat-raj Education Fund Committee approves Noida Convention Centre Economic Times endorses Indian Cooperative editorial line Conversion means entry of Corporate money lenders: Marathe Igniting co-op movement: When NCUI & Janjanchu join hands Committee formed to improve condition of PACS in Punjab “Sorry, we are not interested”: Thakur on conversion Featured NCUI: NCCE trains women cooperators across nation IFFCO: Kapur chairs International Conference in Berlin Amit Shah meets Sahakar Bharati officials Adarsh Credit Co-op must pass through the acid-test Godown fire: If Nafed is guilty, so is Rupani’s govt SVC Bank polling over, result on June 22 PM Awas Yojana: KAIJS Bank ranks 3rd among UCBs Kendriya Bhandar: End of Rawat-raj Economic Times endorses Indian Cooperative editorial line Igniting co-op movement: When NCUI & Janjanchu join hands “Sorry, we are not interested”: Thakur on conversion NCCT Board meets first time after the de-link Jalgaon Janata Sahakari Bank holds AGM Saga of Lijjat papad, co-operative and Anaskar IFFCO celebrates Telangana Day by opening Bazar NCUI: NCCE trains women cooperators across nation … Readmore IFFCO: Kapur chairs International Conference in Berlin … Readmore Amit Shah meets Sahakar Bharati officials … Readmore Adarsh Credit Co-op must pass through the acid-test … Readmore Godown fire: If Nafed is guilty, so is Rupani’s govt … Readmore SVC Bank polling over, result on June 22 … Readmore PM Awas Yojana: KAIJS Bank ranks 3rd among UCBs … Readmore Kendriya Bhandar: End of Rawat-raj … Readmore Economic Times endorses Indian Cooperative editorial line … Readmore Igniting co-op movement: When NCUI & Janjanchu join hands … Readmore “Sorry, we are not interested”: Thakur on conversion … Readmore NCCT Board meets first time after the de-link … Readmore Jalgaon Janata Sahakari Bank holds AGM … Readmore Saga of Lijjat papad, co-operative and Anaskar … Readmore IFFCO celebrates Telangana Day by opening Bazar … Readmore News Snippets Co-op News Snippets Kerala to ensure autonomous functioning of co-ops 0 June 21, 2018 The Kerala Cabinet meeting on Wednesday approved the draft cooperative policy of the state government. The draft policy has envisaged creating a conducive environment for ensuring an independent and autonomous functioning of all cooperatives institutions in the state, reports Express News Service. The draft policy also suggests to acknowledge cooperatives as a means to implement the developmen ...... Read more Director of credit co-op arrested 0 June 21, 2018 The director of a Bhandup-based co-operative credit society was arrested for allegedly abducting and assaulting a loan defaulter last week, reports TOI. The defaulter had repaid only 2 installments of the Rs 3-lakh loan taken from Devang Co-operative Credit society and later stopped making payments, despite several notices and warnings. Vijay Kumbhawade, the society’s director, was arrested. ...... Read more Abhyudaya Mahila Urban Co-op Bank penalized 0 June 20, 2018 The Reserve Bank of India has imposed a monetary penalty on Abhyudaya Mahila Urban Co-operative Bank based in Channapatna, in exercise of the powers vested in it. The UCB was found violating directives contained in para 3 of Reserve Bank of India Circular No. BPD Cir.50/13.05.00/2002-03 dated April 29, 2003 on “Loans and Advances to Directors, Relatives and Firms/Concerns in which they are Inte ...... Read more More : Amul style: Soccer and chocolates go hand in hand President of Jai Kisan Sahakari Mandali robbed Gujarat: Amul to help fight malnourishment Sai Kripa Credit Co-op: MD flees with Rs 100cr PM Bima Yojana: Varachha Co-op Bank writes to Modi Army Base Workshop Credit Co-op, Meerut penalized Punjab: Violence in co-op elections Co-op Dept buys equipment to stop stubble burning GP Parsik Coop Bank: Shetye is new CEO PMC Bank distributes rain coats to Mumbai-Thane police force IFFCO MD felicitated in Gujarat Cabinet approves Rs 2226 cr for agri education Sodhi sees a chance for boosting exports Nafed red flags fire in groundnut godowns Trouble continues for Karad Janata Sahakari Bank New low: Co-op members abduct businessman Kolhapur’s Shivam Sahakari Bank in trouble Achieving targets: KAIJS Bank holds brain-storming session Kerala Bank: When Comrades enjoy at your cost! Co-operative Bank CEO Coleman resigns Cooperative Coffee Shop Cooperative Coffee Shop Cooperative Complaint Board Cooperative Success Stories Implementing SDGs: Co-ops should position as pioneers 0 June 10, 2018 By Anca Voinea A 2015 report by PwC showed that while only 33% of people surveyed were aware of the Sustainable Development Goals (SDGs), 90% of those who knew about them believed it was important for businesses to sign up to them. In addition, 78% said they were more likely to buy the goods and services of companies that had signed up to the SDGs (67% in the UK). This makes an important business ...... Read more Key initiatives aimed at doubling income: Govt source 0 June 7, 2018 National Farmers Commission was constituted in February 2004. After that, the National Policy for Farmers was approved on the basis of the Commission's recommendations in the country, which aimed at improving the economic condition of agricultural sector as well as the net income of the farmers. Most of the recommendations had been left in the cold storage during the UPA government. As soon as Pri ...... Read more Doctrine of Mutuality in Cooperative Housing Societies 1 June 4, 2018 By I C Naik The Income Tax Authorities in India generates issues from non-issues. Waste a lot of time and money and finally only settle with what the Supreme Court of India says. Every CA taken up after successful plea under SLP should have a stringent damage clause for suitably compensating to the respondent for wasting their money and time. In a very recent Apex Court judgment more than 60 ...... Read more How can co-ops help women rise to the top! 1 June 1, 2018 By Balu Iyer How can co-operatives help women rise to the top? In order to answer the question, we reached out to the source – Women CEOs. It was not difficult to find them as there were so few within our members in the Asia-Pacific region! Once we did, we invited them to the workshop, ‘Re-work, Re-imagine and Re-shape: Advancing Women CEOs in Co-operatives,’ in Guiyang, China. Ahead of the ...... Read more Maha – CHS poised to by-passing the Real Estate Market - 4 0 May 11, 2018 Post-Redevelopment scenario should be visualized as the cooperative housing societies operating in true sense on Seven Cooperative Principles[1]. With the kind of cooperators’ grievances pouring in, the Maha-CHS as an institution appears to have quite a very long way to catch up with the cooperative principles. Looking to the support being assured by the [2]State Government [3] to Maha-CH Soci ...... Read more More : Maha – CHS poised to by-passing the Real Estate Market -3 Maha - CHS poised to by-passing the Real Estate Market -2 International Day of Co-operatives: Sustainable societies through co-o Maha- CHS poised to by-passing the Real Estate Market Taxation issues hampering credit co-ops’ growth: NAFCUB Desjardins adopts policy to combat climate change 2017 in review: Top stories from the co-op movement Housing Manual-Empty Mandate to Maha C H S Law-6 Nomination to flats on member’s death– Confusion Compounded Reserve Bank versus Co-operative Bank 415m Africans Live on $2 Daily: ICA Empty Mandate to Mah C H S Law – 4 Empty Mandate Maharashtra CHS Law -3 Co-ops are for inclusive growth A vocabulary of ‘co-operative keywords’ Housing Manual-Empty Mandate to Maha CHS Law - 2 Housing Manual-Empty Mandate to Maha CHS Want to succeed, think regional first Flat Transfer Premium- An issue of public interest Welcome, join us, co-ops are open for all Sahara Credit Co-op: Here is another victim! June 12, 2018 Sir, I am Dandi Ram Kalita, from Guwahati Assam. I had deposited 32000+7000 in two account of SAHARA CREDIT COOPERATIVE SOCIETY LTD. My fund maturity date was 07/09/2017 and amount 34880/- + 7630/- But I have not get the maturity amount yet. I have submitted all required documents on 09/10/2017, but the branch manager Mr. K. Sharma, not cooperating and always asking and asking for 1 week or 15 ...... Read more JKV multistate credit co-op society: How innocents are being fleeced 0 March 21, 2018 This is the story of a hapless Naresh, one of the customers of JKV multistate credit co-op society operating in Sambhal district in Uttar Pradesh. As his complaint fell on deaf ears everywhere, he wrote a mail to us narrating his tale of woes caused by an unscrupulous multistate credit co-op society. We produce below his story in his own words so that the concerned authorities wake up and do the n ...... Read more Pimpri: High-handedness of a Housing Co-op Chairman March 10, 2018 This mail landed at the desk of Indian Cooperative in co-op query section. The sender is so scared of the Chairman of a co-op housing society that he did not give his name. He, however sent all the details of the CHS which can help one pinpoint the man in question. It is a story of how a Chairman in connivance with a local Councilor unleash a reign of terror. Will the concerned authority please ...... Read more High-handedness of a CHS in Mumbai suburb January 30, 2018 This mail came as a query. But it is being featured in co-op complaint due its applicability in a wide range of cases-Editor Query of Sunil Mishra Sir I am a member of a co-operative housing society in Mumbai suburbs. I have purchased a flat and a car parking space in the above-mentioned society and the same are registered with the sub-registrar of assurance. Now my issue is I own two cars and ...... Read more Sahara Credit Co-op: Yet another victim December 26, 2017 Sir, I am Dandi Ram Kalita, from Guwahati Assam. I had deposited 32000+7000 in two account of SAHARA CREDIT COOPERATIVE SOCIETY LTD. My fund maturity date was 07/09/2017 and amount 34880/- + 7630/- But I have not get the maturity amount yet. I have submitted all required documents on 09/10/2017, but the branch manager Mr. K. Sharma, not cooperating and always asking and asking for 1 week or 1 ...... Read more More : Kapol Bank: Outbursts of helpless depositor Complaint against Akkarai Kodiveri PACCS, Erode Sahara Credit Co-op: Story of a helpless investor UCB in TN: Story of a father and his helpless son Entry charge for hosting foreign guests! Anguished son of an employee of UCB in Pallikonda Cheating by Sahararayn E-Multipurpose Society Faizan exposes high-handedness in a CHS Indifferent Mysore Silk Cloth Merchants Co-op Bank When Registrar fails to notify election results! High handedness of a co-op bank in Banglore NAFED: Neither MD nor Chairman can save you Nafed forfeits our Rs 1 crore Kamat Plaza Co-op Society: Woes of a member CKP Co-op Bank: No respite yet Complaint against Refinery View CHS Selling surplus flats to cronies! CHS committee assumes power by a foul play CHS: Office-bearers don’t provide papers NCUI Field Staff: We have untold miseries, sir RSS led credit co-op inspires hope in co-op model 1 November 28, 2017 RSS inspired credit co-operative Kamal Nagari Sahakari Patsanstha is turning out into a fine example of how a cooperative should be run. With zero percent NPA Raigad based credit co-op is active in uplifting the lot of poor people in its area of operation. The first credit cooperative society of Raigad district in Maharashtra it is coveting business of Rs 200 crore in deposits and Rs 150 crore in ...... Read more We focus on training woman cooperators: Amin 0 October 19, 2016 In an exclusive interview G H Amin, Chairman of Gujarat State Co-operative Federation tells how the state co-op union runs cooperative programmes with a band of both male and female instructors with a special focus on the latter. We have separate cooperative education programmes for the benefit of female members of cooperatives, Amin said to this correspondent in his union office in Gandhinagar ...... Read more Lack of credit for poor motivated me: Shetty 0 October 6, 2016 As the chief of a municipal govt Thimmaiah Shetty had been saddened by the non-availability of easy credit for the urban poor. This made him feel determined to start an urban cooperative bank that would meet their credit needs. And here he stands as the Chairman of Manvi Pattana Sahakari Bank in Karnataka, a cooperative bank that has been lauded by many including Sahakar Bharati patron Satish Mara ...... Read more Amreli Jilla Sahakari Bank on growth path 1 September 15, 2016 The story of Amreli Jilla Madhyastha Sahakari Bank shows how a determined leadership could use the power of the cooperative model to deliver goods to farmers and poor sections of society. While disbursing loan at the rate of one percent it is able to meet members’ expectations as well. It gives them annual dividend of 15 per cent. One of the foremost banks to introduce Kisan Credit Card the i ...... Read more Buldana Urban: Few can match Zamwar’s energy and zest! February 8, 2016 While multi state co-operative is much talked about in town, there is little discussion about multipurpose cooperative in Indian context. But employing the concept of multi-purpose cooperative in solving everyday municipal problems, Maharashtra based Buldana Urban has made a name for itself by altering the fate of the town Buldana. Buldana Urban offers water ATMs, Vedic schools, hotels, bridges ...... Read more More : How Vasant Vankudre taught bank a lesson! Nainital Co-op Bank is changing farmers’ life: Chairman Modi govt should focus on co-op: Chairman Udham Singh Nagar Co-op Bank We are growth-engine: Dehradun Co-op Bank Chairman NICM: A model for developing training modules Platinum Jubilee for Thanjavur Consumers Co-op How a Malad man defeats a mighty builder! A cooperator with a difference! GSCB OPENS NEW BRANCH Jasmine co-op society: Heroic fight by Kamat Success story of Rupjyoti SHG, Doligaon Success story of The Gujarat State Co-op Bank Ltd. Ahmedabad Cooptex nets impressive profit Co-op membership hits 1 billion worldwide ULCCS: A Cooperative with a difference Chandra Pal leads delegation to Prez Share This:
