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Home Cooperative Coffee Shop

New govt and ailing co-ops: NCCT Secretary

Ajay Jha by Ajay Jha
May 12, 2014
in Cooperative Coffee Shop
7
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The whole country has high hopes from the govt that comes to power at the center after 16th May. The Indian Cooperative Movement hopes that the new Government will give fresh impetus to the cooperative sector with supportive policies and adequate budgetary allocation.

There is an urgent need to support cooperative human resource development. There are 6 lakh cooperatives with over 20 crore members. This vast network can be pivotal to inclusive socio-economic development in the country.

The economic contribution of cooperatives is often undervalued. But top cooperatives in fertilizer, diary, sugar, agro-banking, handloom, handicraft, housing, marketing, fisheries have had a significant market share in our economy.

Indeed they provide our economy with a resilience that may help it overcome crises. Cooperatives have played an important role in sustaining the country’s economic growth especially since 2008 when our economy went into a tailspin.

Cooperatives represent a strong and viable economic alternative. Cooperatives are formed to meet people’s mutual needs. They are based on the idea that together, a group of people can achieve goals that many of them could not achieve alone.

Cooperatives are still the best way of reaching out into the vast hinterland of this country. Cooperative is a form of organization that is effective in checking exploitation, disparities, improving social conditions and creating a just society for environmental protection and sustainable development.

It is hoped that the 97th Constitutional Amendment Act may help in professionalization of this sector and bring uniformity in the cooperative law in the country. Similarly, the bill which is lying in the Parliament on Multi State Cooperative Societies may also be passed as this could be one of the priority areas for the new government.

It will also be appropriate to constitute a High Powered Committee by the new Government to find out the ways and means of rehabilitating the ailing cooperatives so they could become a hub for employment generation and livelihood for the rural population of this country.

(Mohan Kumar Mishra)

Tags: ailing co-operativesncctNCUINew govtSec-Gen
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Comments 7

  1. ISHWER NAIK says:
    12 years ago

    There should be constituted a 97CAA Monitoring Tasjk force with a mandate to ensure its fullest implwmentation in letter and spirit by all the States in next 90 days.

  2. kamlaqkar Bhagwanrao Deshpande says:
    11 years ago

    i k.b.deshpande havqe sb accouqntq in qdombqivali ckqp brqanch sincqe 1q0 yqears and was not having any problem and working was very smooth so i invested 30 LAKH ruqqqpees -as my retired fund for getting monthly intrest for my daily suqqrvivsl
    but as the re are RBI restructions and only onqe qqwqithqdrawl for 6 months then HOQW I AND FAMILY will survive and what i can eat please allow me to withdraw monthl;y intresrt otherwise i will have to make SUSIDE

  3. kamlaqkar Bhagwanrao Deshpande says:
    11 years ago

    k.b.deshpande havqe sb accouqntq in qdombqivali ckqp brqanch sincqe 1q0 yqears and was not having any problem and working was very smooth so i invested 30 LAKH ruqqqpees -as my retired fund for getting monthly intrest for my daily suqqrvivsl
    but as the re are RBI restructions and only onqe qqwqithqdrawl for 6 months then HOQW I AND FAMILY will survive and what i can eat please allow me to withdraw monthl;y intresrt otherwise i will have to make SUSIDE

  4. kamlakar Bhagwanrao Deshpande says:
    11 years ago

    mlakar bhagwanrao Deshpande -B-1PRABHUCHYACHS SHRIKHANDEWADI DOMBIVALI EAST HAVING SB ACCOUNT INCKP BANK DOMBIVALI EAST BRANCH AND INVESTED MY RETIRED FUND OF RS 30 LAKHS FOR MY
    DAILY SQUQRVIVAL OQN INTREST AS I DO NOT HAQVE PENSION
    SO NOW IM NOT ALLOWED TQO WITHDRAW MORE THAN 1000 IN 6 MONTHS
    SO WHAT CAN I DO HOW I LIVE PLEASE DO FAVOUR AND ALLOW ME TO WITHRAW MONTHLY INTREAT AS ACCURED OTHERWISE I WILL MAKE SUSIQDE AND U R ONLY RESPONCIBLE SO PLEASE REPLY IMMEDIATELY

  5. kamlakar Bhagwanrao Deshpande says:
    11 years ago

    K,B.DESHPANDE SB A/C 5383 HAS INVESTED ALL RETIRED FUND RS 30 LCSLAKHS IN CKP DOMBIVALI EAST BANK AND NOW NOT ALLOWING WITHDRAW WHAT I CAN DO HOW I SURVIVE PLEAS ALLOW ME OTHERWISE I WILL SUSIDE AND THEN U ARE RESPONCIBLE SO PLEAS E REPLY

  6. kamlakar Bhagwanrao Deshpande says:
    11 years ago

    KAMLAKAR,B,DESHPANDE -B-1 PRABHU CHYA CHS SHRIKHANDEWADI DOMBIVALI EAST 421201 HAVE SB ACCOUNT 5383 IN CKP CO OP BANK DOMBIVALI EAST BRANCH AND INVESTED RS 30 LAKHS OF MY RETIRED FUND AS I HAVE NO PENSION SCHEME AND BECAUSE OF GOOD INTREST IN CKP BANK AS COMPARE TO OTHER BANKS AND WAS GETTING REGLARLY MY INTREST MONEY FOR MY SERVIVAL BUT DUE TO SUDDEN RBI RULES IHAVE BEEN RESTRIQCTQED SO NOW HOW CAN I SUQRVIVE NOW PQLEASE ALLOW OTHER WISE I HAVE TQQQO MAKE SUESIDE
    SO PLEASE ALLOW

  7. kamlakar Bhagwanrao Deshpande says:
    11 years ago

    PLEASE CONSIDER

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