Will you please guide me about the formation of Labour Co-operative Society ?
I am from West Bengal.
I C Naik
It is quite elevating that many more youths are attracted to cooperatives. Every week at least one request is received to give guidance as to how to set up a cooperative. Most interesting is several individuals want to own a “Cooperative Bank” Unfortunately cooperative business model is not a personal property of a individual. By law it is allowed to be set up by a group of persons who belong to at least Ten unconnected families.
It is quite critical therefore to be clear about why a person (not one but ten individuals jointly) wants to set up a cooperative.
I ask all such enthusiastic individuals to pen down in not less than 100 and not more than 200 words, why you want to set up a cooperative.
Please note that this is my response to your desire.
