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  • Groundnut scam may mar BJP fortunes in 2019

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    The name of Chiman Saparia is being mentioned by Congress as being the kingpin of Gujarat’s groundnut purchase scam. Saparia was the Agriculture Minister when the purchase was done. The worst part is Congress is making a credible political issue BJP can ill-afford to ignore when the 2019 Lok Sabha elections are looming on the horizon, feel political pundits. It is this thought that is disturbin ......
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  • Sahakar Bharati releases co-op magazine in Bhopal

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    ''Cooperation is a fundamental value in our culture which manifests not only in how we run our joint family , our various institutions including cooperatives but also in how we solidarize with mankind '' said Viswas Sarang the cooperation minister of Madhya Pradesh while recently releasing the first issue of Sahakar Sugandh - a Sahakar Bharati mouthpiece in Bhopal. The minister said the journal w ......
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  • Cooperators celebrate 72nd I-Day with enthusiasm

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    Reports of cooperators celebrating the 72nd Independence Day are pouring in from several parts of the country. From small to big-all co-operatives have participated in the great national festival on Wednesday. Union Agriculture Minister Radha Mohan Singh wrote, On the occasion of Independence Day we take pledge to take the nation to the newer heights. Best wishes of Independence Day to the Nat ......
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  • Co-op organizations to tackle loneliness

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    In a report Jen Banks writes in ICA’s Coop News that the Co-op Group and its charity the Co-op Foundation are making big strides in supporting the country’s young people – with the Group raising more than £5.4 million for youth organisations in just under two years, and a new report from the Foundation urging the youth sector to do more to tackle loneliness. The report, A Place to Belong, ......
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  • Kapol Co-op Bank: Trouble continues

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    The Kapol Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive dated March 30, 2017, from close of business March 30, 2017. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated March 20, 2018 and was valid upto July 31, 2018 subject to review. In a press release RBI said “ It is hereby notified ......
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  • Karnataka approaches Nabard to fulfill poll promises

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    The Karnataka government is negotiating with Nabard for increasing the amount of refinance to ensure a waiver of crop loans taken by farmers from co-operative banks in the State, reports Hindu. The Karnataka government wants the re-finance limit to be hiked from 40 percent to 75 per cent for a successful implementation of the farm loan waiver scheme. The Co-operation Department has already given ......
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Cooperative Coffee Shop

  • Maha – CHS poised to bypass Real Estate Market – 5

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    By I C Naik In this ongoing series we have embarked on unknown territory of self-redevelopment. The trade-off is quite attractive as the legitimate and huge gains to housing societies presently are en-cashed by the realtors under Government directive on Redevelopment. At the same time it is no longer all that new concept also. Our proposition is, this goal can be certainly achieved if housing soc ......
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  • Maha CHS: Twin Tales of Associate Membership

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    By I C Naik On May 31, 2018 we went through examples of Hazards of Associate Membership in Maharashtra, contemplating a need to examine the issues concerning the Associate member owning the flat jointly with the main member. http://www.indiancooperative.com/from-states/chs-hazards-of-associate-membership-in-maharashtra/ In a series of write-ups on flaws in Model 2014 Bye-Laws, we encountered in ......
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  • ICNW and WWF in the vanguard of transformation of women’s lives: A report

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    By Dr Nandini Azad Dr. Nandini Azad President of Indian Cooperative Network for Women (ICNW) submitted a brief report of activities of Indian Cooperative network for Women Promoted by Working Women’s Forum (India) to the National Cooperative Union of India (NCUI) on 25th June, 2018. Here is the Report: The Indian Cooperative Network for Women (ICNW), the first co-operative societyin the so ......
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  • When a Co-op transport challenges hegemony of Uber

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    By Anca Voinea A worker co-op in the USA is working to plug the gaps in local public transport provision which have left night workers stranded. Set up in 2017 in Pittsfield, Massachusetts, Rose and Cole Co-op Transport is a ride-sharing business helping people without cars to get to work. The service is aimed at those with off-hour jobs. The city, which has 50,000 inhabitants has the largest c ......
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  • Implementing SDGs: Co-ops should position as pioneers

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    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 ......
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  • Expelled without GBM: Tale of Saikat Chatterjee

    I am Saikat Kumar Chatterjee, member and resident of PETS Housing Co-operative Society (Regn. no. 401/93-94), City Centre, Durgapur, Pashchim Burdwan, West Bengal, since 1994. Society took a resolution of expelling me from my membership in 2015 u/s 133 of WBCS Rules 2011 mainly for non payment of monthly maintenance, electricity and water charges without a break for three months, however in 2016 ......
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  • Sahara Credit Co-op: Here is another victim!

    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 ......
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  • JKV multistate credit co-op society: How innocents are being fleeced

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    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 ......
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  • Pimpri: High-handedness of a Housing Co-op Chairman

    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 ......
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  • High-handedness of a CHS in Mumbai suburb

    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 ......
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  • RSS led credit co-op inspires hope in co-op model

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    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 ......
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  • We focus on training woman cooperators: Amin

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    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 ......
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  • Lack of credit for poor motivated me: Shetty

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    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 ......
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  • Amreli Jilla Sahakari Bank on growth path

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    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 ......
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  • Buldana Urban: Few can match Zamwar’s energy and zest!

    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 ......
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