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  • Maha to re-write Co-op Act; Marathe to head Committee

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    With enormous efforts that spanned many years, Sahakar Bharati has succeeded in prevailing on the Maharashtra government to form a committee to recommend changes in the dated Maharashtra Co-Operative Societies Act 1960. Maharashtra which boasts the most robust cooperative movement in the country is still guided by an Act made as long ago as 1960. Even after having the largest number of active c ......
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  • Nafed: Chandra Pal thanks Radha Mohan

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    If Dileep Sanghani went to meet Prime Minister to say thanks, the duo of Chandra Pal Singh Yadav and Sunil Singh rushed to meet the Union Minister Radha Mohan Singh to express their gratitude for the government's continued support to Nafed. It bears recall that the Nafed Board passed a resolution thanking the Central govt for helping Nafed earn a profit as service charge for procuring food-grai ......
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  • NAFED registers profit; Board thanks Modi

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    What was being dismissed as a cooperative beyond repair is on the mend again -the story of the fall and rise of Nafed puts even sensational bollywood scripts in the shade. It has in one stroke silenced its critics by earning a handsome profit of Rs 125 crore and the Board members thanked the Modi govt for standing by it when it was in dire need of support. In the Board meeting on Wednesday the ......
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  • Boosting agriculture: Singh welcomes Cyprus Minister

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    India and Cyprus signed Work Plan for 2017–18 to implement an already singed MOU for cooperation in the agriculture sector. It covers areas such as joint research projects, training and exchange programme for scientists and experts working in the specific fields in various institutes of the two countries. It also envisions exchange of germplasms and technology, promotion of private sector par ......
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  • Jakarta: Govt asks 43,000 co-ops to shut down

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    The Jakartapost reports that Cooperatives and Small and Medium Enterprises Minister has issued decrees to close 43,000 inactive cooperatives. “We closed the cooperatives because they are not active anymore,” the minister said. The ministry categorizes cooperatives into three groups, according to their performance: inactive cooperatives, unhealthy cooperatives and healthy cooperatives. Fr ......
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  • Nabard spikes credit plan

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    Nabard has decided to launch Rs 58000 crore crop credit plan for the current year, up from the last year's Rs 52000crore, reports Times of India. In a meeting with the Maharashtra chief minister, senior Nabard officials said the participation of the commercial banks have been on the upswing while there was a need to strengthen the district co-operative banks who are in a bad way. The plight of ......
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Cooperative Coffee Shop

  • 10th Asia Pacific Co-op Ministers’ Conference

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    By Balu Aiyer The Asia-Pacific Cooperative Ministers’ Conference (APCMC) established in 1990 by the International Cooperative Alliance Asia Pacific (ICA-AP), is a quadrennial event organized to provide a platform for cooperatives and governments to discuss current and emerging issues and set a common agenda towards the establishment of new forms of co-operation between governments and co-oper ......
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  • Co-option and Reservations: Constitutional mandates

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    By I C Naik Management of every cooperative society is vested in the Board of Directors called managing committees in most housing societies. The Constitution (97th Amendment) Act 2011 (97th C A )  inserted an exclusive  “Part IXB Cooperative Societies” in the Constitution of India, comprising Article 243ZH to Article 243ZT (both inclusive)  brought in force from 14 February 2013. Art ......
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  • IFFCO MD writes to stake-holders

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    On the occasion of the release of Company’s Financial Report Card IFFCO MD Dr U S Awathi penned a letter to all the stake-holders. In  this he touches upon several issues-from quantum of  production to changing economic scenario to challenges of technology. We reproduce the same verbatim-Editor Excerpts Dear Friends, 50 years ago IFFCO was born to become the harbinger of change for a ......
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  • 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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