Home Latest News Groundnut scam may mar BJP fortunes in 2019 0 August 16, 2018 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 ...... Read more Sahakar Bharati releases co-op magazine in Bhopal 0 August 16, 2018 ''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 ...... Read more Cooperators celebrate 72nd I-Day with enthusiasm 0 August 15, 2018 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 ...... Read more More : Malware attack on Cosmos Bank, Kale assures on safety of deposits IFFCO is pride of India: Rupala UP Co-op Bank elects new team, sits for meeting Mauritius on co-op revival, opens college, signs MoU with NCUI NKGSB Bank: Marginal rise in profit & advances Food fury: ULCC at vanguard of rescue-operations SVC Bank pioneers launch of first Brown Label ATM network Nafed Board rallies behind Chairman V R Patel Job creator: IFFCO signs MoU with Spanish Company Vishweshwar Sahakari Bank declares 10% dividend Cooperators hail Marathe’s elevation to RBI Board Frustrated souls complain against us: IFFCO Director NAFED: Resignation demand builds up as Chairman’s nephew arrested Co-op finds its voice: Marathe inducted on RBI’s Central Board GUCBF: Rupani vows to strengthen co-op movement Swaminathan words boost NDA’s morale Massive cheating in Kurmanchal Nagar Sahkari Bank reported ULCC hires IBM Vice-President as CEO Spanish co-op model catches fancy of people Umbrella Organization for UCBs commences in Gujarat Featured Malware attack on Cosmos Bank, Kale assures on safety of deposits UP Co-op Bank elects new team, sits for meeting Mauritius on co-op revival, opens college, signs MoU with NCUI NKGSB Bank: Marginal rise in profit & advances SVC Bank pioneers launch of first Brown Label ATM network Job creator: IFFCO signs MoU with Spanish Company Cooperators hail Marathe’s elevation to RBI Board Swaminathan words boost NDA’s morale Spanish co-op model catches fancy of people Mahanagar Co-op Bank: Pawar opposes RBI on BoM Ministry-NCUI spat tells on morale of employees KAIJS Bank holds 56th AGM, vows to achieve 0% NPA Futuristic move: IFFCO inaugurates Nano Fertilizer lab Goa State Co-op Bank: Staff-members celebrate Golden Jubilee NCDC to strengthen co-op movement in Meghalaya: Singh Malware attack on Cosmos Bank, Kale assures on safety of deposits … Readmore UP Co-op Bank elects new team, sits for meeting … Readmore Mauritius on co-op revival, opens college, signs MoU with NCUI … Readmore NKGSB Bank: Marginal rise in profit & advances … Readmore SVC Bank pioneers launch of first Brown Label ATM network … Readmore Job creator: IFFCO signs MoU with Spanish Company … Readmore Cooperators hail Marathe’s elevation to RBI Board … Readmore Swaminathan words boost NDA’s morale … Readmore Spanish co-op model catches fancy of people … Readmore Mahanagar Co-op Bank: Pawar opposes RBI on BoM … Readmore Ministry-NCUI spat tells on morale of employees … Readmore KAIJS Bank holds 56th AGM, vows to achieve 0% NPA … Readmore Futuristic move: IFFCO inaugurates Nano Fertilizer lab … Readmore Goa State Co-op Bank: Staff-members celebrate Golden Jubilee … Readmore NCDC to strengthen co-op movement in Meghalaya: Singh … Readmore News Snippets Co-op News Snippets Co-op organizations to tackle loneliness 0 August 16, 2018 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, ...... Read more Kapol Co-op Bank: Trouble continues 0 August 16, 2018 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 ...... Read more Karnataka approaches Nabard to fulfill poll promises 0 August 16, 2018 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 ...... Read more More : CKP Co-op Bank: RBI’s directions to continue Wake up call: Glyphosate-based weed-killers cause cancer South Canara DCCB earns a profit of Rs 28.63 cr Smart Gram: IFFCO holds farmers’ meet in Haryana Dy Speaker election: Chandra Pal figures in list of absentees Rajasthan: Rupala on interest subvention by NABARD Karnataka: NFDB promotes installation of water cages Gujarat: Shri Vinayak Sahakari Bank penalized UCBs rejoice as FRDI Bill is withdrawn Southward Ho: Amul to take on HUL Jharkhand residents to enjoy taste of India Guntur DCCB launches Mob Banking Application Rupala vows to strengthen organic farming WB: United Co-op Bank under RBI’s lens No relief for Bhilwara Mahila Urban Co-op Bank Extension of co-op bodies tenure in AP: PIL filed in HC IFFCO plants trees in Mandaviya’s constituency Odisha: Adarsha Consumer Co-op President arrested Cotton Co-op manager arrested in Gujarat Odisha co-ops: No refinance from Nabard so far Cooperative Coffee Shop Cooperative Coffee Shop Cooperative Complaint Board Cooperative Success Stories Maha – CHS poised to bypass Real Estate Market – 5 0 August 6, 2018 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 ...... Read more Maha CHS: Twin Tales of Associate Membership 0 July 10, 2018 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 ...... Read more ICNW and WWF in the vanguard of transformation of women’s lives: A report 0 June 27, 2018 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 ...... Read more When a Co-op transport challenges hegemony of Uber 0 June 25, 2018 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 ...... Read more 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 More : Key initiatives aimed at doubling income: Govt source Doctrine of Mutuality in Cooperative Housing Societies How can co-ops help women rise to the top! Maha – CHS poised to by-passing the Real Estate Market - 4 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 Expelled without GBM: Tale of Saikat Chatterjee July 30, 2018 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 ...... Read more 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 More : Sahara Credit Co-op: Yet another victim 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 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:
