The newly appointed cooperative minister Chandrakant Patil announced the schedule soon after the Cabinet meet.
CHS the acronym for cooperative housing societies will need to have their new residents’ management committees in place by the year-end. There are nearly four lakh societies in Mumbai region alone.
The cooperative societies with smaller budgets have been asked to complete the process by December 31 of this year, i,e roughly within one and a half month from now.
Larger cooperatives which include cooperative banks and sugar cooperatives have been given time up to June 2015. The prompt move by the new government has enthused well-meaning cooperators across board.
They see a chance of revival of democracy in the cooperatives which are increasingly falling into the hands of vested interest.