The apex body of cooperatives in the country National Cooperative Union of India is meeting today on Thursday at its headquarters in Delhi to deliberate on a host of issues including the extension of the current Chief Executive N Satyanarayan.
The issue of extension of Satyanarayan was not originally in the agenda as it was accepted that a CE continues till the age of 62. Satyanarayan has completed 60 and the fact that he would continue for another couple of years was a fait accompli. But the matter was put in the list of agenda to silence some naysayers, a source confided to Indian Cooperative.
Indian Cooperative has gathered that there should not be any hitch in Satyanarayan getting extension for a couple of years as his continuation means maintaining the status quo-important in the wake of an ongoing controversy with the Ministry on the issue of NCCT delink.
Besides, Satyanarayan is a trained Chartered Accountant who also acts as Director Finance saving a lot of money for NCUI. His departure means appointing two persons-CE and Director Finance, together these would cost Rs 50 lac per anum to NCUI.
The other important issue on today’s agenda is the deliberations on the amended service rules for NCUI employees. The proposed changes in the service rules would be put before the Governing Council which has to take a call on the issue.
While the Ministry has been insisting on implementing its Service Rule in toto, the NCUI leadership wishes to avoid the pressure of hiking DAs every now and then, as is being done by the Central Govt. There are still some sympathizers of NCUI who wish to put the issue on the backburner till the matter of NCCT is resolved amicably with the Ministry. “We wish to give them (ministry) no chance of complaints”, one of them said to this correspondent.
The third important agenda is the construction of a world class training institute on NCUI’s Noida land. It bears recall that NCUI had almost forfeited this land to Noida Authority and it was due to the clout of its President Chandra Pal Singh that the land was restored to NCUI by paying a penalty.
Now the design of the building has been passed by the Noida Authority and the GC has to take a call on the issue. According to sources, NCUI has also been able to mop up a substantial fund for the purpose. “The building is costing about Rs 22 crore and the best thing is NCUI is not asking for a pai from the govt”, said one of the GC members proudly.
Stay tuned towww.indiancooperative.comto know the outcomes of the GC meeting by the evening.