ANNAMALAI UNIVERSITY M.COM.CO-OPERATIVE MANAGEMENT PROJECT REPORT ON INSTITUTIONAL TRAINING THE CANDIDATE HAS TO VISIT ANY FIVE CO-OPERATIVE SOCIETIES AND SUBMIT PROJECT REPORT. THE PROJECT REPORT SHOULD HAVE TWO PARTS. PART-I IS OBSERVATION AND STUDY REPORT RELATING TO THE FIVE CO-OPERATIVE SOCIETIES VISITED. PART-II IS PLACEMENT PROJECT REPORT. FOR THIS THE STUDENTS HAVE TO SELECT TWO OUT OF THE FIVE SOCIETIES/INSTITUTIONS VISITED AND SUBMIT AND INTENSIVE STUDY REPORT OF THE SAME. 1. National Cooperative Development Corporation (Given Website on Letter Head http://ncdc.nic.in) 2. National Centre for Cooperative Education (National Cooperative Union of India) 3. National Federation of Fishermen’s Cooperatives Ltd. 4. National Agriculture Co-Operative Marketing Federation Limited(Given Website on Letter Head: nafed-india.com) 5. The Delhi State Co-Operative Bank Ltd. of India GUIDELINES PART-I Observation & Study Report The following heads have to be covered in Part-I of all the five societies visited. 1. Genesis and Origin of the Society (in brief) 2. Objects of the Society. 3. Structure of the Society. 4. Resources/Funds 5. Special Features. 6. Special features PART-II Placement Project Report The students have to take two of the five already selected societies for intensive study and reporting. The report may consist of the following analysis. 1. Performance Evaluation 2. Prospects 3. Problems, and 4. Suggestions. PART 1 have the qualifications for membership. A primary society is a registered society all of whose members area individual persons. consumer. Co-operative societies work on the principles of self-help and mutual assistance to provide services for their members. housing. The Co-operative is different from a Company in the following ways: . childcare and welfare services. transport. food. Members make equitable contributions to the capital required and accept a fair share of the risks and benefits of the undertaking. or institutions which. dental. insurance. medical. A secondary society is a registered society all of whose members are co-operative societies and trade unions and which has as its object the facilitation of the operations of primary societies. travel. These include credit. security. There are two types of co-operative societies – primary and secondary society.INTRODUCTION A co-operative society is an association of persons who have voluntarily joined together to achieve a common economic and social end through the formation of a jointly-owned and democratically controlled business organization. g. a “society” can include any club. by the nature of their objects). The main objective of a Co-operative is to serve members’ needs. A Co-operative is an association of members but a Company is an association of capital. These two pre-requisites are not present in a society. A society is essentially an association of 10 or more people. Where there is legislation to provide for registration of specific types of association of persons (e. but the objective of a Company is to maximize profits for its shareholders. these associations will be excluded from the definition of “society”. trade union. while the voting in a Company is determined by the type and number of shares held. Members of a co-operative society get together to promote the economic interest of their members. but does not include any company registered under the Companies Act. company. Hence. whatever its nature or object. Co-operative follows the principle of one-member-one vote. . partnership. They have to submit viable business plan of the co-operative before registration. co-operative society or mutual benefit organization. Dairy cooperatives operating under the leadership of the National Dairy Development Board and through 15 state cooperative milk marketing federations has now become the largest producer of milk in the world. the cooperative movement has made significant progress. In the production of sugar the cooperative share of the market is over 58 percent and in the marketing and distribution of cotton they have a share of around 60 percent. market and distribute 50 percent of edible oils.COOPERATIVE CENTENARY IN INDIA This year marks the centenary of the cooperative movement in India. The cooperative sector accounts for 55 percent of the looms in the hand-weaving sector. Cooperatives of all sizes have geared themselves up for the big occasion. The cooperative credit system has the largest network in the world and cooperatives have advanced more credit in the Indian agricultural sector than commercial banks. Since then. A people' movement totalling a 100 years of development signifies the strength of Indian democracy. Cooperatives process. In fertiliser production and distribution the Indian Farmers Fertiliser Cooperative (IFFCO) commands over 35 percent of the market. Cooperatives have extended across the entire country and there are currently an estimated 230 million members nationwide. The seeds of cooperation in India were sown in 1904 when the first Cooperative Societies Act was passed. The . was launched.groundwork for this was laid in the early 1970's when the largest dairy development programme in the world . supervision and functioning. With the rapid growth of the cooperative sector. The Indian Farmers Fertiliser Cooperative has recently teamed up with a Japanese company and formed a joint venture for undertaking . Operation Flood was a national marketing strategy linked to a dairy infrastructure development programme that created a chain of dairy processing plants. cooperatives have been allowed to entry into the insurance business.Operation Flood . With the passage of the Insurance Act. collection stations and a national milk transportation grid. The cooperatives have long been demanding that the Central Government introduce democratic reforms in their regulation. The National Cooperative Union of India is the apex organisation promoting the cooperative movement in the country. a supportive climate has been created for the development of cooperatives as democratic and autonomous businesses providing them with the opportunities for diversification. With the persistent efforts of the National Cooperative Union of India. Insurance is a field where the immense potential of cooperatives still remains untapped. the Central Government recently passed the Multi-State Cooperatives Societies Act and also formulated a national cooperative policy that provides greater autonomy to cooperatives. cooperatives are now considered an important plank of development. . The government knows that cooperatives have inherent advantages food in tackling and the problems of poverty alleviation. The government is committed to cooperative development and it wants cooperatives to succeed. The failure of the public sector in several cases is a worrisome trend. In comparison to the step-motherly treatment of the past. cooperatives at all levels are making efforts to reorient their functions according to the market demands. This signifies that Indian cooperatives have come of age in formulating strategic alliances. Cooperatives are also considered to have immense potential to deliver goods and services in areas where both the state and the private sector have failed.general insurance business in India. The government has therefore pinned a consider amount of hope on the cooperative sector. In the new economic environment. security employment generation. Privatisation has also failed to make an impact in the rural areas. . 00 6.31 36.Share of Cooperatives in National Economy % Rural Network(Villages Covered) Agricultural Credit Disbursed by Coops Fertiliser Disbursed (6.70 27.00 67.00 46.50 54.00 .103 million Tonnes) Fertilser Produced (for Nitogen-N) Fertilser Produced (for Phosporous -P ) Sugar Produced (7.80 21.00 10.313 Million) Cotton Marketed / Procurement Cotton Yarn / Fabrics Production 100.00 51.062 million Tonnes) Capacity Utilisation of Sugar Mills Wheat Procurement Jute Procurement (1997-1998) Retail Fair Price Shops(1.95 85.80 23.50 28.70 10.25.200) Milk Procurement to Total Production* Milk Procurement to Marketable Surplus Oil Marketed / Procurement Spindleadge in Coop (3.50 22.60 14. 00 21.Handlooms in Cooperatives Fishermen in Cooperative (active) Storage facility (village level PACS) Soya Been Production* Self.40 . Generated for Persons(min)* Salt Manufactured 55.00 62.Emplt.50 7.50 7.50 12. . TYPES OF COOPERATIVE SOCIETIES IN INDIA: Credit Societies • Central Cooperative Banks • Cooperative Credit Structure • Industrial Cooperative Banks • Primary Agricultural Credit Societies • Primary Cooperative Agriculture and Rural Development Banks • Primary Cooperative Banks • Primary Non Agricultural Credit Societies • State Cooperative Agriculture and Rural Development Banks • State Cooperative Banks Non Credit Societies • All Marketing Societies • Arecanut Marketing Societies • Coconut Marketing Societies • Consumers Cooperative Societies (Primary) • Co-operative Cold Storages • Co-operative Industrial Estates • Cotton Ginning and Pressing Societies (Primary) • Cotton Marketing Societies • Electricity Co-operatives • Farming Societies • Fisheries Societies . • Forest Labourers Societies • Fruits and Vegetables Marketing Societies • General Purpose Marketing Societies • Ghee Unions and Societies • Housing Societies • Irrigation Societies • Labour Contract and Construction Societies • Milk Supply Unions and Societies • Multi-Unit Co-operative Societies • Other Agricultural Processing Societies • Other Industrial Societies • Other Livestock Unions and Societies • Other Marketing Societies Others • Poultry Unions and Societies • Spinning Mills • Students Co-operative Societies • Sugar Factory Societies • Sugarcane Supply Marketing Societies • Tobacco Marketing Societies • Transport Societies • Weavers Societies • Womens Co-operative Societies . OBJECTIVE OF THE STUDY: To prepare an observation and study report relating to the following five co-operative societies: National Cooperative Development Corporation National Centre for Cooperative Education (National Cooperative Union of India) National Federation of Fishermen’s Cooperatives Ltd. National Agriculture Co-Operative Marketing Federation of India Limited The Delhi State Co-Operative Bank Ltd. . the vast community of our people and institutions.cdadmin@ncdc. Hauzkhas. to achieve our goals. consumers.6962370 Phone No. MISSION .6859312 E-mail .nic. Divided we Fall”.delhi. meeting our commitments. “United we Rise. our holistic development. to be a guiding star for the cooperatives in the country and abroad.. Rise we must. strengthening bonds among farmers. From time immemorial. having traversed a long path. ORGANISATIONAL VALUES: The spirit of cooperation is enshrined in the very fabric of the Universe. in this age of global brotherhood on the one hand and cut throat competitiveness on the other. No. the humans have been guided by the adage. Siri Institutional Area. Let the National Cooperative Development Corporation (NCDC) stand proud. What better option do we have than Cooperation? Cooperation in principle. Let Cooperation symbolize development with a human face.NATIONAL COOPERATIVE DEVELOPMENT CORPORATION 4.. New Delhi – 110016 Fax.in GENESIS OF NCDC: The National Cooperative Development Corporation (NCDC) was established by an Act of Parliament in 1963 as a statutory Corporation under the Ministry of Agriculture. Cooperation in practice. To develop professional competence of the personnel of NCDC and the assisted cooperatives to enable them to achieve organisational objectives through suitable training and development interventions. consultancy and /or related activities. Facilitation of programmes following the Concept of Andragogy. ♦ . research. FUNCTION/ACTIVITIES Training Consultancy Promotional and Developmental CORE COMPETENCE ♦ Development of training progrmmes and materials based on System's Approach of Training. fishery. Textiles. The field offices play an important role in project identification/formulation and oversee its implementation. processing. soap. Organisation & Methods. insecticides. Poultry and . lac. rubber etc. Food. sericulture. Dairy. food stuffs. NCDC functions through 15 Regional/State Directorates. Financial Management. Sugar. Loans and grants are advanced to State Governments for financing primary and secondary level cooperative societies and direct to the national level and other societies having objects extending beyond one state. Oilseeds. certain other notified commodities e. agricultural machinery. fertilisers. handloom etc. kerosene oil. Projectation. ORGANISATION AND MANAGEMENT The Management vests in 51 member widely represented General Council to give shape to its policies and programmes and Board of Management with 12 members to cater to day-to-day activities. The Managing Director is the Chief Executive. storage and export of minor forest produce through cooperatives. promoting and financing programmes for production. Management Information Systems/Feasibility Studies. dairy. besides income generating stream of activities such as poultry.g. marketing. processing. NCDC is endowed with in-house technical and managerial capabilities in the areas of Cooperation. storage. Various functional divisions look after the programmes. Economic Analysis. marketing.FUNCTIONS Planning.. Besides its Head Office. Costing. export and import of agricultural produce. Fruits & Vegetables. supply of consumer goods and collection. textile. The . market borrowings and allocations from Government of India including International assistance. Handlooms technologies besides Civil Engineering. equipment financing. • 100% Subsidy for preparation of project reports/feasibility studies etc. proposal of The State recommend individual society/project to NCDC in the prescribed schematic format. Fishery. boats and other tangible assets • • Loan assistance ranging from 60% to 95%. • Term loan for creation of infrastructural facilities like godowns. Refrigeration and Preservation to help cooperatives to identify/formulate projects and successfully implement them. NCDC supplements Governments the efforts of State the Government. PURPOSES FOR WHICH ASSISTANCE IS PROVIDED • • • Margin money to raise working capital finance (100% loan) Strengthening of share capital base of societies (100% loan) Working capital to regional/state level marketing federations (100% loan).Live stock. PROCEDURE OF SANCTION/DISBURSAL OF ASSISTANCE NCDC assistance is not individual beneficiary oriented. modernisation/ expansion/rehabilitation/diversification of agro-processing industries. Term and investment loan for establishment of new. FINANCES AND FINANCING SOURCES OF FUNDS Internal accruals. cold storages. purchase of transport vehicles. but is meant for institutional development of Cooperatives. Thereafter. The rate of interest varies from time to time. 1 crore or more in the . state and national level marketing societies is provided towards ♦ Margin business money and working capital finance to augment operations of agricultural produce ♦ ♦ Strengthening the share capital base and Purchase of transport vehicles. The release of funds depends on progress of implementation and is on reimbursement basis. extending consultancy support. preparation of five year and annual plans.District Level Societies/Processing Societies and Primary Agricultural Cooperative Societies/Banks with turnover exceeding Rs. providing training to upgrade the skills of cooperative personnel through its own training centre. The period of repayment of loans ranges from 3 to 8 years. formal sanction of funds is conveyed to the State Govt. convening conferences / meetings / seminars/workshops to facilitate exchange of information and review of the progress of programmes. regional. ASSISTANCE FOR COMPUTERIZATION: Corporation sponsored scheme NCDC provides financial assistance for installation of computers by the National/State Cooperative Federations/ Societies.proposals are examined in the concerned functional division and if need be on the spot field appraisal is undertaken. ACTIVITIES: MARKETING Financial support to primary. PROMOTIONAL AND DEVELOPMENTAL ROLE: NCDC's promotional and developmental role is reflected in influencing the policies of Central and State Government. with 10% member's contribution. The period of loan is 7 years with one year moratorium on principal. The assitance includes cost of hardware. etc. technical manpower and hardware maitenance for the project period of 2-3 years. storage/show room. Sericulture programme in tribal/forest/hill areas. godowns/retail booths. etc.site prepration. processing units (including ice plants.). The period of loan is 8 years with one year moratorium on principal ACTIVITIES FOR WHICH SUBSIDIES ARE PROVIDED: • • • Storage in North-Eastern Region Cold Storage in all States Tribal Cooperatives . etc.for purchase of transport vehicles. DCCBs and PCBs and processing units in the form of 70% loan.form of 100% loan. transport vehicle. • Fishery Cooperatives . • • • Integrated Dairy Development Projects in backward states. 20% subsidy (subject to availability of subsidy from Central Govt under the scheme) for site preparation. Centrally Sponsored Scheme Under the scheme. NCDC provides financial assistance to all Under-developed/Least developed States and Union Territories for installation of computers by the State Level Federations. manpower development and training etc. hardware and system & application software. cold storages. system and application of software. Training of personnel is arranged by NCDC. . Integrated Cooperative Development Projects for project implementation. States Cooperative Banks..for processing units. in backward states. Ts.• Under Centrally Sponsored Scheme for Computerisation for under developed. 20% subsidy is provided. least developed states and U. . . Maharashtra. Federation for Fisheries Development Ltd. . HANDLOOMS • Tamil Nadu Handloom Weavers' Coop. Sholapur. Thiruvananthapuram. Egmore. Kerala.. Kolhapur. Kerala. Ahmedabad-9. COMPUTERIZATION • Jawahar Shetkari Sahakari Sakhar Karkhana Ltd..COOPERATIVES ASSISTED BY NCDC AGRICULTURAL INPUTS • The Regional Agro-Industrial Development Cooperative Ltd. Kannur. Chennai-8.. Old Palace. SUGAR MILLS • The Shahabad Cooperative Sugar Mills Ltd. Maharashtra. Shri Kallappana Awaede Naga Kolhapur. SPINNING MILLS • Shetkari Sahakari Soot Girni Ltd. Distt. Cotton Fedn.. • Shetkari Sahakari Sangh Ltd. Kurukshetra. Society Ltd.. • Gujarat State Coop. Ltd.. Haryana. Maharashtra. Karuvankonam. FISHERIES • Kerala State Coop. ORGANIZATION 2 . The break up of these are as follows: . It was established in 1929 as All India Cooperative Institutes Association and was recheristened as National Cooperative Union of India in 1961 Membership of NCUI: The union has the character of National Confederation of Cooperatives. The membership doors has also opened for the parastatal cooperative organisations. Its objectives are to promote and develop the cooperative movement in India. The membership of the union as on 31st March.2000 stands as 214. and therefore its membership is open to national and state level cooperative organisations as well as multi state cooperative societies. to educate. to build up and expand the cooperative sector and serve as an exponent of cooperative opinion in accordance with cooperative principles. guide and assist the people in their efforts.THE NATIONAL COOPERATIVE UNION OF INDIA (NCUI) The National Cooperative Union of India (NCUI) is an Apex Cooperative Organisation in India which represent all the segments of Indian Cooperative Movement. The Executive Committee consists of President and vice Presidents and 15 other members . The Governing Council meets once in every quarter and functions through the Executive Committee and other functional committees. The General Body also elects the Governing Council of NCUI for a tenure of three years.MANAGEMENT OF NCUI : The General Body of the NCUI consists of member organisations and is the supreme authority of NCUI which meets once a year to review the progress of the previous year programmes and decide the policy and programmes for cooperative development for the next year. one representative of each state cooperative unions. He is supported by the Chief Executive who operates through the functional division of NCUI secretariat. The President is the head of the organisation. The Governing Council consists of President and Vice presidents of NCUI. and national level cooperative federations as well as elected representatives of various segments of cooperatives. . FUNCTIONS : The functions of the Union are : • • • • • • • • Promotion and Strengthening of Cooperative Movement Cooperative Education and Training Research Studies Publications. Publicity and Public Relations Development of Inter-Cooperative Relations Collection and Dissemination of Cooperative Information Advocacy of Cooperative Opinion and views Promotion of International Cooperation and Cooperative to Cooperative Trade FUNCTIONAL DIVISIONS: . of India. other nodal agencies and cooperative organisations to promote the cause of the cooperative movement in different sectors. the NCUI is maintaining its liaison work between the Govt. the union has set up a number of specialised/functional divisions to design and implement the programmes within the available resources. the functional divisions of the union are: • • • • • • • • • • • • • • Cooperative Education General Cooperative Policies National Cooperative Data Bank International Cooperative Trade Cell Internal Control & Grievance Cell Audio Visual Aids & Hindi Coordination Administration & Personnel Accounts & Finance Publications Publicity & Public Relations International Relations Library Cum. The union keep on continue its efforts to work for : - .As to plan and carry out systematically the functions for achieving the overall objectives of the union. Presently.Documentation National Centre for Cooperative Education Steps for Promotion & Strengthening of Co-op Movement As a chief spokesman of Indian Cooperative Movement. State Governments. • Conducts Research and Studies to High lights the problems to Govt. . • Tailoring the based cooperative on education of and training programmes organisations. • Represents on various cooperative policy formulation bodies and working group to formulate proposals for Five Year Plans. • Influencing the cooperative organisations to have well manpower development and professionalisation defined policies to improve the quality and efficiency so as to face the market challenges of liberalisation.• Democratisation and Professionalisation of Cooperative Management • Lobbying with state Govts and Govt. b) to amend cooperative laws to provide greater autonomy to cooperatives and ensure their functioning in accordance of Cooperative Principles. of India to a) ensure timely elections in Coops. • requirements cooperative Convenes every three years Indian Cooperative Congress to formulate common view points on various policies issues. of India & other concerned agencies • Convene seminars/conferences and workshop on various cooperative subjects to form a common view points of problems and approach the various agencies for necessary action for implementation. Cooperation Education & Training APPROACH FOR HUMAN RESOURCE DEVELOPMENT - COOPERATIVE EDUCATION: One of the important function of NCUI is to develop a strong human resource base in the cooperative sector. monitors and evaluates the education programme for members. programme implemented by the 27 State Cooperative Unions with the help of 700 cooperative education instructors working in the field. The over all objectives of cooperative education programmes is to create enlightened. prospective members and office-bearers of cooperative societies. implementation and monitoring of activities cooperatives. Sector Specific Programme Special education projects in under developed states and Leadership development programme under developed areas of developed states ♦ For Member Education: The NCUI formulates. the NCUI is actively involved in arranging and providing the cooperative education to members. Special education programmes for women and youth are also conducted keeping in view the growing needs of diversification of cooperative sector. . participatory and bring improvement their in the working and of cooperatives by strengthening business management of increasing The members is participation in the planning. potential members and leadership development covering through four category of programmes : ♦ ♦ ♦ General Member Education Programme. Visualising the importance of the HRD. Member education programme for Handicrafts Cooperatives. ♦ ♦ . women development activities. The main emphasis of the cooperative education to strengthen the democratic character of the societies to provide farm technical guidance to increase farm to educate for upliftment of their social standards.The union sponsored education field projects namely " intensification of cooperative education in cooperatively underdeveloped states/under-developed areas of developed states" and various other projects like member education programmes for Industrial Cooperatives. education-cum-development programme for Handloom Cooperatives. with strong financial base ♦ production by adopting improved farm technology. NCUI exclusive Womens Cooperative Education-cum-Development projects are : ♦ Projects and NCUI-ICA-CICOPA projects etc. Women Development Activities The network of NCUI Member Education Programme is as per diagram : Cooperative Education Progress of Cooperative Education Programme (1998-99): During the year 1998-99 as many as 21,888 educational events were conducted/organised and in all 10,26,893 persons including 1,00,737 SC/ST/backward and 160,869 women were imparted education. ROLE OF NATIONAL CENTRE FOR COOPERATIVE EDUCATION: The National Centre for Cooperative Education (NCCE) of NCUI came into existence in 1958. The main objectives of the centre are: ♦ ♦ to act as Centre for Cooperative Leadership Development to cater the training needs of Cooperative Education Training Programmes and faculty development Instructors , Persons connected with cooperative Education and programmes for universities/colleges dealing with the subject of Cooperation ♦ to act as centre for preparation and propagation of Education/Training Techniques and Aids. In furtherance of the afore-stated objectives, the NCCE offers the following programmes: ♦ Leadership Development Programmes for the Directors of district and higher level cooperatives ♦ Diploma in cooperative education and development (12 weeks) ♦ Orientation/Refresher courses for cooperative education and officers of National cooperative personnel federation/organisations ♦ Subject matter workshops, seminars and conferences on various aspects of cooperation and cooperative movement ♦ Faculty development programme for the cooperative institutes and colleges/institutes teachning training cooperation" ♦ Special training programmes in collaboration with international agencies like ICA, ILO and International training institutes ♦ Programme on Computer Appreciation and Application for different sectors of cooperative movement The centre also arranges/ organises out station programmes depending upon the requirements of member organisation. It is located in the NCUI complex, New Delhi. Progress for the year 1998-99: During the year 1998-99, the NCCE has conducted 43 programmes for 2214 participants. both institutional and departmental is being discharged through the NCUI's special standing committee known as National Council for Cooperative Training (NCCT) which has been set up in the year 1962. The National institute provides training to policy makers and senior personnels while institutes of cooperative management train the intermediatery staff. The NCCT also provide the acedemic guidence to the Junior Training Centres (91)which are administratively controlled by the State Cooperative Unions. monitoring and evaluating the arrangments of cooperative training for the personnel working in the cooperative institute/departments in the country. .directing. The NCCT is responsible for organising .COOPERATIVE TRAINING AND ROLE OF NATIONAL COUNCIL FOR COOPERATIVE TRAINING (NCCT): Training of the cooperative employees. For this purpose. The NCCT administers the training in these institutes and is responsible for overall coordination and academic guidance. it has establishes its own training structure comprises of Vaikunth Mehta National Institute of Cooperative Management at Pune and 19 Institutes of Cooperative Management located in the states. And as to ascertain in advance as well as find out the exact cause/reasons. These societies look forward for guidance to upward direction and for line of control to downward. Some of the important studies of recent times are: . Looking to the vast size and multi dimentional approach of the movement. The National Cooperative Union of India awards fellowship and guide the scholars in the subject of cooperation. Moreover.Cooperative Training The cooperation is a state subject. it is expected to develop inter-related and inter sectoral problems. The national cooperative union of India being apex of all the cooperatives keeps on identifying such areas and initiate the research/studies for providing the solutions of the problems. The NCUI have also taken up number of studies from time to time on many inter-sectoral problems and have been able to provide the suitable solutions.e Primaries at the grass root level which are federated to district level federations and further federated to state level. there exist 21 National level sectoral federations which takes care for the development of their respective sector. such problems require to be studied timely for providing amicable solutions in the interest of their segments as well as for the healthy development of the movement. Beside. the structure of cooperative movement in India is federal i. In furtherance of promotion of cooperative relations and cooperative to cooperative trade.♦ ♦ ♦ ♦ ♦ A study on Management cadre on cooperatives A bunch of case studies on overdues in cooperatives Problems on sugar factories Personnel Management policies A study on " Linking of loaning programme of land development banks with overdues . the NCUI has joined the ICA membership as early as 1936. Monitors international cooperative training and study programmes Identifies area of trade collaboration and technology transfer Represents indian cooperatives on ICA trade committees Represents on . the NCUI participate/represent on the following international forums: Participate in ICA general and Regional Assembly and other Specialised Committee. Keeping these in mind.A study on Recovery of Cooperative dues ♦ ♦ ♦ ♦ A study on Cooperative legislation in India A comparative study on company law and cooperative law Fact finding study of Registrar of Cooperative Societies Case Studies on Industrial Cooperatives of Cooperative Relations & Cooperative to Promotion Cooperative Trade Being the apex organization of Indian Cooperative Movement. it is the duty of the union to know what development and advancement is taking place in the international cooperative arena to keep enlightened and updated the Indian cooperative movement as well as share our thoughts and experiences on various developmental activities at international forum. The NCUI represents collective membership of Indian Cooperatives in ICA. bodies & IRU dealing with cooperative development Sponsors goodwill delegations on behalf of Indian Cooperatives to other countries .various U.N. MEMBER ORGANISATIONS ♦ ♦ ♦ ♦ ♦ ♦ ♦ National Level Cooperative Federations Member of Parastatal Institutions State Cooperative Union Cooperative Unions of Union Territories State Cooperative Marketing Societies State Cooperative Banks State Cooperative Agricultural & Rural Development Bank ♦ ♦ ♦ ♦ ♦ State Cooperative Consumers Federations State Urban Coop Banks & Credit Associations State Tribal Development Cooperative Corporations Other State Cooperative Federations Multi state Cooperative Societies . . ORGANIZATION 3 . the Federation undertakes business activities on a limited scale because of its limited financial capabilities. At present. fish seed and fishing requisites.847 primary fishermen cooperatives societies. It came into being in 1980 and started its activities in 1982. With the Federation at the top of the Cooperative structure. Its goal is to facilitate the fishing industry in India through Cooperatives. New Delhi-110 044.NATIONAL FEDERATION OF FISHERMEN COOPERATIVES LIMITED (FISHCOPFED) 7-A Sarita Vihar. (ii) welfare. supporting training initiatives. . there are 17 Federations at the state level. demonstration of scientific fish culture. These include inter-state and Retail marketing of fish. Promotional activities of the agencies include organizing conferences on various aspects. Federation is also involved in implementation 30 of Centrally Sponsored Schemes on Group Accident Insurance of active fishermen.78 lakhs covering about 21% of active fishermen in the country. Institutional Area. (i) promotional. State-wise details are given in the Table below. National Federation of Fishermen Cooperatives Limited (FISHCOPFED) is the apex organisation of fishermen cooperatives in India. During this period. introducing marketing techniques. 108 Central Societies at the district and regional levels and over 11. and (iii) business. transfer of intermediate technology. providing knowledge on health care and hygienic living etc. Membership of primary societies is about 13. liaison with member organisation and various agencies. FISHCOPFED entered a number of activities which can be classified in three categories viz. As per the Federation the thrust areas are: Thrust Areas – R & D CAPTURE FISHERIES • • • • • • • • • • • • • • • • • • • • • Monitoring of exploited marine fish stocks Stock assessment of commercially important marine species Marine biodiversity. conservation and management Fisheries enhancements in inland open waters Catchment ecology in relation to fisheries Ecology and fishery potential of canals Riverine hydrodynamics and fish behaviour Hill fishery resources assessment and management Development of sport fishery in hill areas GIS based inventory of aquatic resources Development of predictive models Breeding and culture of aquatic organisms Fish health management Fish nutrition and feed development Aquafarm engineering Integrated fish farming Environment Impact Assessment Cage and pen culture in large water bodies and floodplain wetlands Development of pearl culture technologies Ornamental fish culture Coastal zone management CULTURE FISHERIES FISH GENETIC RESOURCES . database.FISHCOPFED has requested an enhanced outlay as well as their participation and involvement in implementation of fisheries programmes in the Tenth Five Year Plan. Craft and gear design improvement for marine and inland waters. hygiene and quality control Processing. value addition. packaging and marketing Waste utilization and by-products Bioactive substances from aquatic plants and animals Quality management and food security Engineering Onboard and onshore equipments for fishing and fish processing FISHING AND FISH PROCESSING FISHERY EDUCATION • • • • • Education and training programmes in specialized areas of fisheries Fishery informatics and database Vocational and distance education Socio-economics Extension and Transfer of Technology .• • • • • • • • • • • • • • • • • • Cataloguing of germplasm resources and development of database Biodiversity repository DNA Fingerprinting of prioritized species Genetics and quarantine Exotics and quarantine Harvest Fuel efficient vessels for offshore and deep sea fishing Ecofriendly and responsible fishing techniques for EEZ. Post harvest Handling and transportation of fish Sanitation. • • • • • • • • • • Information Technology and production of educational materials All India Coordinated Research Projects Culture-based fisheries of small reservoirs Integrated management of inland saline waters Mari culture and sea ranching Network Programmes Exotics and new candidates cultivable species Development of quarantine system Hill fisheries development Food safety risk assessment NEW INITIATIVES . ARUNA. MAHARASHTRA MANIPUR MEGHALAYA MIZORAM NAGALAND ORISSA PUNJAB RAJASTHAN SIKKIM TAMIL NADU TRIPURA U.440) 3646 4 456 532 2 10 385 59 28 296 292 1001 2024 181 58 36 168 482 4 107 675 129 110 1072 45 1 6 2 36 359021 300 66835 239 971 43631 1005 3369 76136 122089 44100 208273 9182 2569 808 4285 73852 60 4624 231224 14225 5000 85895 1443 11 1993 349 16449 Fisherm en 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 ANDHRA PRAD.P.NATIONAL FEDERATION OF FISHERMEN’S COOPERATIVES LTD. State Federatio n (17) 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Central Societie s (108) 10 5 4 1 3 16 7 21 4 10 5 20 2 Primary Membersh Societie ip Total s (11. State NO. WEST BENGAL A & NICOBAR CHANDGARH D & N HAVELI DAMAN & DIU LAKSHADWEEP PONDICHERRY 496731 5716 475000 111301 8 16430 18836 140208 16034 8455 13000 810468 710502 130982 425652 32350 11097 600 185350 202112 4200 13557 550 267309 50955 160823 597180 3678 250 130 31000 6000 10971 . ASSAM BIHAR DELHI GOA GUJRAT HARYANA H. J&K KARNATAKA KERALA M.P.P. STATE-WISE POSITION Sl. PRAD. Total 17 108 11847 1377938 595914 4 NATIONAL AGRICULTURAL COOPERATIVE MARKETING FEDERATION OF INDIA LTD NAFED HOUSE Siddhartha Enclave Ring Road, Ashram Chowk New Delhi - 110014 INDIA. Tel : 26340019 Fax : 091-11-26340261 E-Mail :
[email protected] ,
[email protected] National Agricultural Cooperative Marketing Federation of India Ltd., popularly known as NAFED, was established on the occasion of Gandhi Jayanti on 2nd October 1958. It is an apex cooperative marketing body playing a key role in the cooperative movement. NAFED has a unique place in the agriculture sector of India being a 'farmer friendly' organization dealing in a wide range of agricultural commodities like Foodgrains, Pulses, Oilseeds, Spices, Horticulture produce, Cotton, Tea, Jute & Jute Goods, Poultry products, Chemical & Bio-fertilizers. NAFED functions through its Headquarters at New Delhi and four Regional Offices located at Delhi, Chennai, Calcutta and Mumbai which are supported by 24 Branch Offices, 8 Sub-Offices and 18 Industrial Units/Agro Service Centres/Godowns/Shops spread all over India. Constitution ORIGIN National Agricultural Cooperative Marketing Federation of India Ltd., popularly known as NAFED, was established on the occasion of Gandhi Jayanti on 2nd October 1958, and is registered under The Multi State Cooperative Societies Act. The main objectives of NAFED are: • • To promote a cooperative marketing system in the country; To ensure/give remunerative prices to the farmers for their produce and realization of their payments on the spot; • To stabilize prices of the agricultural commodities at reasonable level to the advantage of farmers; • To save farmers from making distress sale of their produce; and • To reduce the price gap between the producer and consumer FUNCTIONAL STRUCTURE With the entire Union of India as its area of operation, NAFED has its Head Office in Delhi, 4 Regional Offices at Chennai, Calcutta, Delhi and Mumbai and 24 Branch Offices, 8 Sub-Offices and 18 Industrial Units/Agro Service Centres/Godowns/Shops spread all over India. MEMBERSHIP The membership of NAFED consists of the following categories : ♦ ♦ State-level cooperative marketing federations; State and Regional (inter-State) level cooperative institutions like special commodity federations, tribal cooperative federations and tribal cooperative development corporations, engaged primarily in the marketing, processing or distribution of agricultural, minor forest and allied produce, agricultural inputs and consumer goods; ♦ Primary cooperative marketing/processing societies engaged in the marketing or processing of agriculture, minor forest and allied produce and/or agriculture inputs and having a minimum sales turnover of Rs. 20 lakhs or above in these activities during the cooperative year preceding the date of application for membership; ♦ ♦ ♦ Government of India; National Cooperative Development Corporation; National Level Cooperative Organisation The detailed composition of NAFED's membership as on March 31, 2003 was as under :1. State Level Marketing Federations 2. Apex Level Marketing Federations 3. State Level Tribal and Commodity Federations 4. Primary Marketing/Processing Societies 5. Government of India 6. National Cooperative Development Corporation 7. Other Govt. Organisations 8. NCCF & Other National Level Coop. Organisations Total 25 3 22 630 3 1 2 3 689 Shri Ajit Kumar Singh Ashni Bhawan. Patna .226370(O) 220560-66(R) A-14. 95120-2510046 New Delhi . Boaring Road Behind Quality Corner.110 024 .member Board of Directors.800 001 (Bihar) STD Code : 0612 . Ring Road STD Code : 011 (NOIDA) Lajpat Nagar-IV. No NAME & ADDRESS . OFFICE RESIDENCE TELEPHONE CHAIRMAN 1. In addition the board can constitute other committees for specific purposes.Executive Committee and Business Committee.MANAGEMENT The management of NAFED vests in a 25 . BOARD OF DIRECTORS OF NAFED Sr. which includes Chairman and Managing Director. The board is supported by 2 standing committees . FAX: 02822Tal. 740737 Rajasthan State Cooperative FAX : 0141Marketing Federation Ltd. . Niphad. Morvi. Sri Rajeshwar Singh STD Code : 0141 Administrator.B. Vijay Pal Singh 35. Shri Vaghjibhai R. Dr. Shri C. NAFED 26344293 24610829 NAFED HOUSE. New Delhi . NAFED 231650 87810 At & PO Tankara.422306. Tal.110 014 DIRECTORS (As on 29/1/2004) 1.) STD Code : 0121 STD Code : 0121 2642803 26499311 STD Code : 02550 STD Code : 02550 66466.) 3. 740045.P. Rajkot (Guj) 2. Holkar Vice Chairman. Patel STD Code : 0281 STD Code : 02822 Vice Chairman. Nasik (Mah. NAFED Bhagwatgeeta Bunglow Vinchur Road. Sidhartha Enclave. 66566 66123 FAX: 66766 02553- 4. Lasalgaon . 30240 Distt. 740045 Sahkar Bhawan.26341807 95120-2512384 MANAGING DIRECTOR 2.Shri Alok Ranjan. Nehru Road Merrut (U. Distt. IAS STD Code : 011 STD Code : 011 Managing Director. Jaipur . Marketing Federation Ltd. Shop No.360 001 (Gujarat) 8. Rajkot .K. Ltd. No. Shri K. Karnataka State Coop. 575509 Bhopal . Sriniwasa Gowda President.462 008 (MP) STD Code 01590 243040 : 6. Delhi 110041 10. Distt.560 052 (KAR) STD Code : 2455355 STD Code 080 26431575 : 9.FAX: 0755Jahangirabad. 220193 Society Ltd.4. Merta City. New Anaj Mandi. & Supply Fedn. Mktg. Agro Sales & Manufacturing and Cooperative Ltd. Shri Kasturi Lal Makkar (i) STD Code : 01634 STD Code: 011 27753573 STD Code : 01634 220644 Abohar Cooperartive Marketing 220934. Rajasthan STD Code : 01590 220124 FAX-01590-220124 STD Code : 0281 2223248 FAX: 0281-236682 STD Code : 011 26489158 FAX: 080-2265096 7. Shri Mangi Lal Danga . Marketing Federation Ltd. Shri R. Krishi Mandi Road. Mahavir Society. Bangalore . Maheswari Building. Shri Rajinder Singh Joon STD Code: 011 President. Nangloi.8.302 001 (RAJ) 5. 573165-68 552816 MP State Coop.143. Near Nirmala Convent School. 5472382 Delhi State Coop. Ferozpur (Punjab) . Dhami "Kailash" 33. Bhawani Singh Road. Cunningham Road. Chairman. Shri Mohan Singh Bundela STD Code : 0755 STD Code : 0755 Chairman. Abohar. (ii) Makkar Tent House, Jhansi Rani Market, Abohar, Distt - Firozpur (Punjab) STD Code : 011 STD Code : 011 26493038 11. Shri Dinesh Rai Managing Director, 26510314 National Cooperative Development Corporation 4, Siri Institutional Area, FAX: 011-26962370 Hauz Khas, New Delhi - 110016 12. Shri Devinder Singh, IAS STD Code : 0172 Managing Director, 590518-09 Haryana State Coop. Supply & Marketing Federation Ltd. FAX: 0172-2590708 Sector 5-, Panchkula, 134109 (Haryana) 13. Shri Gurupadappa Nagamarpalli STD Code : 080 STD Code : 0172 2541769 No. 332, "Saraswati", 3334876 5th Cross, Ist Block, 3336227 Opp. BDA Complex, 3rd main road, R.T. Nagar, Bangalore - 560032 (Kar) 14. Shri N.P. Patel STD Code : 079 STD Code : 080 3336603 FAX : 0803638036 Chairman, 5350778 Gujarat State Coop.Mktg.Fed. Ltd. Sahakar Bhawan, Relief Road, FAX : 079-5351316 Ahmedabad - 380 001 (Guj.) 15. Shri S. B. Astankar STD Code : 022 Chairman, 22186361 Maharashtra State Cooperative Marketing Federation Ltd. FAX : 022-3738208 Kanmoor House, Narsi Natha Street, Mumbai- 400 009 (Mah) STD Code : 02762 253532 16. Shri Mostafa Sardar Chairman, STD Code: 033 22253049, 22253930 STD Code: 24420829 West Bengal State Coop. Marketing Fedn.Ltd. 7th Floor, 18, Rabendra Sarani, FAX: 033-22253033 Kolkata - 700 001 (West Bengal) 17. Shri Arvind Mohan Chairman, UP State Coop. Mktg. Fedn. Ltd., 32, Station Road, Lucknow (UP) 18. Dr. Bijender Singh Bijender Farm, Vill. - Tilangpur Kotra, Delhi - 110043 19. Shri Ram Iqbal Singh Chairman, N.C.C.F. Deepali Building 92, Nehru Place, New Delhi - 110 019 20 Shri G. Srinivas, IAS . Managing Director, Andhra Pradesh State Coop. Marketing Federation Ltd. 5958/B, 7th Floor Parishram Bhawan, Barheer Bagh, Hyderabad - 500 029 (AP) 21 Shri J.S.Walia . Director, Walia Niwas Mohalla Simble FAX: 2609471 0172STD Code : 0172 2387231, 2387232 01871-243722 STD Code : 0522 2635321, 635322 FAX: 0522-2635248 STD Code : 011 23241218 STD Code : 011 25323838 STD Code : 011 2643778, 26470998 STD Code : 0512 241031 STD Code : 040 23237606 FAX: 3237099 040- STD Code : 040 24058701 . Distt. Gurdaspur Punjab Our Agro Service Centres are also participating in Seed Production Programmes in collaboration with State Seed Corporation and other seed agencies through seed producing agencies/farmers for certified/TL seeds. This provides opportunity for close tie-ups with actual producers which ensures right quality of stocks as well as best possible market prices for produce like Foodgrains. Nafed has been dealing in quality seeds and Agri-inputs for the last many years. agency purchases and consignment sale/purchase of various agricultural commodities. Pulses. In its commercial business. NPK. Broadly. In the year 1999-2000 this activity has been taken up in Bihar. Spices and Fruits & Vegetables. . UP and Assam. Oilseeds. which are members of NAFED. NAFED's business activities can be grouped as under: Domestic Operations Domestic operations mainly consist of its commercial business.Operations/Activities Nafed carries out its business operations through its own branches and marketing cooperatives in the entire country. joint venture with State Federations. These include Urea. DAP and Zinc Sulphate. NAFED has taken up another activity to make available fertilizers to the farmers by sourcing the same from leading manufacturers. District and Taluka levels. In its mission to serve the farmers. NAFED undertakes all its procurements through cooperatives at State. Nafed has been supplying certified/TL Seeds of various agricultural commodities to a number of State Governments and their designated agencies to their satisfaction. NAFED also procures important tribal items like Nigerseed. Gumkaraya from the interior remote places directly from the farmers which helps them in getting adequate returns for their produce. These items have good export potentials and have regularly featured in NAFED's annual business targets over the years. Chironjee. . Neemseed. . NAFED also undertakes Market Intervention Scheme (MIS) on behalf of Govt. sunflower seed. apple. Nafed is helping the farmers by implementing PSS for the last two decades. corriander. eggs etc. of India in collaboration with respective State Govt. of India for implementing number of schemes and policies. chillies. agencies for a variety of agricultural commodities which are not covered under PSS.Government Operations NAFED acts as nodal agency of Govt. mustard seed. There is no quantitative ceiling for purchases under PSS and the same are continued till prices stabilize above Market Support Price (MSP) fixed by the Govt. potatoes. for a definite quantity and period of time subject to the State Govt. MIS is sanctioned by Govt. black pepper. Oil Palm (FFB). Besides other commodities in spices group i. agreeing to share 50% of the cost of operations. safflower seed and copra. a. Price Support Scheme (PSS) Nafed has been appointed as the Central Nodal Agency by the Govt. of India. b. Market Intervention Scheme (MIS) In addition to PSS.3000 crores in various oilseeds like soyabean. . These are mainly perishable commodites such as onion. of India for implementing the Price Support Scheme (PSS) in respect of oilseeds and pulses. groundnut. Since Kharif 1999 such purchases aggregated over Rs.e. of India on the proposal of State Govt. NAFED procures/stocks various commodities to help the Govt. of India. in arresting anticipated price rise in commodities identified from time to time . Buffer Stocking Operations At the behest of Govt.c. Industrial Activities Nafed has setup the following Industrial Units: • Nafed Bio-Fertilizer at Indore. field days etc. • Nafed Pre-Cooling & Cold Storage at Pimpalgaon (Maharashtra). Indore was established during 1984-85 with an objective of catering good quality bacterial inoculants popularly known as bio-fertilizer to the farmers. (MP). • Nafed Kinnow Grading. • Cold Storage at Lawrence Road. Delhi. Waxing & Pre-cooling-cum-cold Storage at Mauzgarh (Punjab). farmers training programmes. product demonstration. . • Nafed Warehousing & Processing Industries (NWPI) at Vashi (Mumbai). This unit has been undertaking developmental activities also to extend this novel technology from laboratory to the grassroots through organizing farmers meetings. • Nafed Bazaars NAFED BIO-FERTILIZER Nafed Bio-Fertilizer. • Nafed Spices Processing and Warehousing Complex (Chennai). .Nafed Bio-Fertilizer has had the unique privilege of receiving prestigious awards consecutively for 5 years from 1993-94 to 1997-98 from National Productivity Council for best production of Bio-Fertilizer in India. To cater to the requirement of various states. another biofertilizer manufacturing facility has been setup at Bharatpur (Rajasthan). It is applied through soil treatment) 6. soyabean and groundnut etc. packing and usages of various bio-fertilizers produced by Nafed Bio-Fertilizer units : S. NAFED Rhizobium 150 gms (It is one of the nitrogen fixing bacteria used through seed/soil treatmen plants of pulses.) 2. NAFED Urea Coating Agents (UCA) 1 Kg (Basically used for retardation of urea splitting in the soil which saves ur percent) 7. NAFED Composting Culture 1 Kg (Used for augmenting the micro-biological decomposition of agricultural . NAFED Azotobacter 150 gms (It is free living nitrogen fixing bacteria used in crops of cereals. Name of Product Packing 1. millets. NAFED Acetobacter 1 Kg (Newly researched bacteria mainly used for sugarcane and sugarbeet cr fixer through soil treatment) 4.No .The table below shows rates. NAFED Trichoderma 250 gms (Used for protecting the crop from various fungal diseases. flowers through seed/seedling/soil treatment) 3. NAFED Superphos 250 gms (Commonly used in all crops through seed/soil treatment for solubilising the plants) 5. . NAFED KINNOW GRADING. NAFED SPICES PROCESSING AND WAREHOUSING COMPLEX. A large warehousing space of 7000 MTs capacity is available for self as well as custom storage. CHENNAI NAFED'S turmeric powder is an established brand in Europe. It also has a warehouse and a bonded warehouse within the precinct. An ideally suited storage for Wet Dates and Spices.NAFED WAREHOUSING & PROCESSING INDUSTRIES (NWPI) AT VASHI (MUMBAI) The processing unit working in the complex is meant for cleaning the Niger seed to the international purity level before exporting the same. Potato and Spices and is being used to its full capacity. NAFED PRE-COOLING & COLD STORAGE AT PIMPALGAON (MAHARASHTRA) Pimpalgaon is the main producing area of good quality Grapes in Maharashtra. WAXING & PRE-COOLING-CUM-COLD STORAGE AT MAUZGARH (PUNJAB) To increase the shelf life of Kinnow. DELHI This unit has the capacity of storing around 5000 MTs of stock of Apples. COLD STORAGE AT LAWRENCE ROAD. this unit grades the stocks.This unit is being used for the pre-cooling of the stocks prior to export in reefer containers. The cold storage facilities are also used for storage of raisins. besides accommodating seasonal fruits for lean period. . does thin fine wax coating over epidermis and stores the fruits at a temperature ideally suited before its export. This unit has facility to grind whole spices and pack these in small consumer packs besides bulk packing. NAFED has opened a separate counter in the Bazaar at Ashram Chowk. Educational Institutions including IIT Hostels. The branded products of NAFED include spices. NAFED has started its chain of Bazaars in Delhi. sattu. Army and Police Establishments. Consumer Marketing Division of NAFED is supplying goods to about 100 reputed Govt. large Industrial Establishments.NAFED BAZAARS With the objective of helping the farmers and consumers. atta. NAFED is a household name for its various quality processed food products. To bridge the gap between farm-head prices and consumer prices of different commodities. New Delhi. honey. mustard oil etc. For this we would expect the consumers to form a cooperative consumer group to arrange prompt supply and discount. Hospitals. Jail. NAFED has launched NAFED brand products in consumer packs. Universities and Schools. processed foods. These items are duly tested in food laboratory and NAFED makes its earnest effort to maintain price and quality of consumer products to the benefit of consumers . Almost all the items of high quality are sold through these Bazaars at reasonable prices. Though NAFED Bazaar is functioning in Delhi only but we can serve the consumer anywhere in India through our branches/network provided we get requirement of a sizeable amount and quantity. To give boost to the sale of North East Products. State Guest Houses. Institutions including ITDC Hotels. Embassies. . . . OBJECTIVE To promote. banks and state govt. movement in the state. nominees. Being an apex body of the state it holds the responsibility of all round development of the co-op. banks. NEW DELHI-110002 PHONE: 23241218. NETAJI SUBHASH MARG. The board of directors of the bank consists of representatives of central co-op. develop and finance industries in the small and medium scale sectors in Union Territories of Delhi. undertakings engaged in development activities. The bank finances central co-op. apex co-op. The astute and enlightened leadership provided by the stalwards of the co-op. institutions and some govt. It was formed as an apex institution on the basis of the recommendation of the Rural Credit Survey Committee constituted by RBI. movement has helped the bank to continue its progress and prosperity.DELHI STATE CO-OPERATIVE BANK LIMITED 31. . DARYA GANJ. FAX: 23281924 The bank was incorporated on 1-11-1966. • • . towards working capital or premises. a current account is opened to facilitate withdrawals. Interest on fixed deposit is credited quarterly into current account. The corporation has formulated the following special schemes for different sections of the society:Scheme for Women Entrepreneurs under MUN Scheme for professionally qualified entrepreneur • Special scheme for household industries • Loans under composite & SEMFEX schemes • Scheme for scheduled castes/scheduled tribes • Scheme for physically challenged • Scheme for setting-up new SSI/expansion/modernization rehabilitation of existing units • Special scheme for equipment financing of existing units • Scheme for relocation of industries • Small road transport operators scheme (SRTO) • Scheme for Marketing support to SSI/Cottage & Village Inds. ADVANCES TO SMALL SCALE INDUSTRIALISTS The Bank offers advances on liberal terms for purchase of machinery. 1000/It earns interest as per the prevailing rate of interest. Flexi-Fix Deposit Scheme • • • • • The Minimum Deposit is Rs. No rigid dates. Deposit anytime between the 1st and 10th of every month.VARIOUS SCHEMES DEPOSIT SCHEMES: LOANS & ADVANCES Flexi-Recurring Monthly Deposit Scheme • • From a short period of one year to whatever period that suits the investor. 5000/Deposit is in units of Rs. Concurrently with Fixed Deposit. The Bank offers right choice of loan schemes to virtually all categories of entrepreneurs who may be from weaker sections of society or a borrower under special category or a general category. Scheme for Technology Development & Modernization of Units • Scheme for acquisition of ISO 9000 series certification • Scheme for textile industry under technology upgradation • Scheme of working capital finance under: Single window scheme/Working Capital Term Loan/Short Term Working Capital • Capital Subsidy Scheme to specified industries. • . 93 193.00% (proposed) 2002 284.03 2149.85 11281.70 12.79 7281.68 9005.00% 67.24 16595.49 14.94 56359.81 1516.38 5757.00% 252.17 535.90 12946.03 230.86 2003 304.00% 59.00% 55.71 .88 65.46 4213.22 5100.38 70.82 5078.12 2654.25 15.31 68.90 3813.00% 33.67 54.10 15.69 61.32 141.57 14.33 2704.82 15.36 11750.69 70.50% 27.20 5562.00% 15.21 3283.31 13.91 1883.00 15.62 44506.00 48467.79 6873.05 4263.43 4753.56 14.00% 49.Year 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 FINANCIAL STATISTICS OF THE BANK FOR THE YEAR 2003 Rupees in Lakhs Reserve Paid-up Net & Working share Advances Deposits Dividend Profit Other Capital Capital funds 22.25 609.00% 151.18 1165.03 1740.16 4051.27 17159.80 2852.41 3260.70 171.53 1152.85 2796.00% 126.80 50053.83 74.20 6354.00% 102.31 1047.97 24819.00% 32.61 15.23 46.22 99.79 12.89 14879.58 58.07 68.00% 45.75 35852.82 4240.17 3660.83 7900.21 14606.90 2205.62 15.47 7454.51 388.75 127.96 6639.79 305.25 440.24 5450.32 880.98 1587.44 61.00% 15.00% 38.85 12.36 2545.54 43287.83 8656.06 4167.57 3444.77 3471.66 5281.09 29333.12 32885.51 28776.75 12. PART 2 . lack of quality management. cooperatives are contributing predominant role in the credit sector despite of keen competition from nationalised and private sector banks. they should also push forward by developing effective strategies for overcome existing weaknesses and for continuing growth of the sector.Cooperatives are disbursing nearly 46% of total agricultural credit. Cooperatives are also unable to evolve strong communication and public relations strategies which can promote the concept of cooperation among the masses. over-dependence on government. In the year of centenary celebrations.03 lakh cooperative societies with a membership of more than 20. Poor infrastructure. Cooperative Main Issues The cooperatives in India have made remarkable progress in the various segments of Indian Economy.8 crores. non-conduct of elections. lack of strong human resources policy. are the limiting factors. However. They are distributing 36% of total fertilisers in the country.COOPERATIVE PITFALLS AND CHALLENGES AS PER NATIONAL COOPERATIVE UNION OF INDIA Even though the cooperative movement in India has been successful there are however several pitfalls. The share of cooperatives in sugar production is nearly 55%. There are 5.9 crores and working capital of more than Rs. dormant membership. . the cooperatives should look back at their achievements with pride. etc. neglect of professionalism.227111. In many segment of Indian economy. Cooperatives have also played an effective role in exports.1% and in coverage of handlooms 55%. the National Policy on Cooperatives is under formulation in the Union Ministry of Agriculture. their values and principles and would seek to provide a supportive and conducive environment for the growth of cooperatives as autonomous economic and social institutions. However. The Government of India may like to proclaim a policy for cooperatives to provide distinct place in the National Economy. there used to be a specific chapter defining the policy perspective for cooperative development in every Plan Document. Recently. as they have not been provided level playing field. However. The cooperatives are playing a very important role in the public distribution system to serve the weaker sections of the community. the Cooperatives could not take the advantage in the absence of the following main problems 1. the highest forum of Indian Cooperative Movement drew the attention of the then Government to this . since the 7th Five Year Plan. Cooperation as a Specific Sector in Five Year Plans Till 6th Five Year Plan. 2. Despite of having its infrastructure & Multi dimensional activities. in yarn production 22. the Government of India have initiated various measures under the process of Second Phase of Economic Reforms. The economic reforms which have been introduced since 1991 have given new dimensions to precepts and practices of economic development. The Indian Cooperative Congress. It is hoped that this policy will uphold and preserve a distinct identity for cooperatives. National Cooperative Policy At present. a specific chapter on cooperation does not find place in the Plan Document.in spindlege 10%. cooperatives have not been able to take the fullest advantage of the economic reforms. Nearly 28% of the rural fair price shops are within the cooperative fold. has been pleading with the Government of India and the State Governments to democratise the cooperative laws. the union has urged upon to expedite the amendment of multi state cooperative societies act based on the recommendations of the ch. There are attempts to bring in legislative framework for conversion of cooperatives into companies. 1984 based on the ch. The cooperative movement is totally opposed to such conversions. 3. deeply concerned over the slow and tardy progress of implementation of Model Cooperative Law. The National Cooperative Union of India.Brahm Perkash Committee on Model Cooperative Law in principle. from time to time. Brahm perkash committee on model cooperative law. neither the State Acts nor the Multi State Cooperative Societies Act has been amended exactly on the lines of the Model Cooperative Law. Though the Govt. therefore. Such a step will seriously undermine the basic ideals and philosophy of cooperatives.important policy deviation regarding cooperatives and unanimously requested the Government of India to recognise "Cooperation" as a specific sector of Indian economy as it has been done in case of private and public sectors. of India has already accepted the recommendations of Ch. Need for Amendments in Taxation Law . Amendment in Cooperative Law The Present cooperative legislation is not conducive for preserving and promoting the autonomy which resulted in erosion in their democratic functioning. Brahm perkash committee on model cooperative law. The ministry of agriculture had undertaken a very extensive exercise to amend the multi state cooperative societies act. 4. The cooperators throughout the country are. Although draft amendment bill was ready to be placed before parliament. 6. Need for Expeditious Issue of Licence to Cooperative Bank of India (COBI) In order to remove the systemic gap within the organisational structure of cooperative credit and banking sector there is the need to make it more responsive and effective to meet the requirements of credit for agriculture and rural development. Need for Effective Support to Cooperative Credit and Banking Sector . the Union has taken up the matter seriously. The COBI has been incorporated under Multi State Cooperative Societies Act and it has been functioning for the last more than five years. Tax on cooperatives obstructs the process of capital formation. 5. As to bring necessary amendments in the Income Tax Act. it is necessary to ensure that the cooperatives established in various segments be exempted from payment of Income tax. the Reserve Bank of India for want of appropriate amendment of Banking Regulation Act to include Cooperative Bank of India has not issued licence to COBI to start its banking operations.The scheme of fiscal legislation do not take into consideration the organisational structure and the changes that have taken place in the overall growth of the cooperative movement. a National Level Apex Cooperative Bank namely Cooperative Bank of India (COBI) has been set up in the country. it is essential that they should be strengthened financially and an environment be created for them to plough back their corporate savings for further capital formation. However. With the efforts of the National Cooperative Union of India and with the approval of the Government of India and Reserve Bank of India. Keeping this aspect in view. Since cooperatives have been recognised as an agency for socio economic development particularly that of weaker sections. The ARDR scheme which was introduced in 1989-90 inflicted a great deal of loss on cooperative banking institutions. But in case of cooperative banking institutions. due to change in policies and non-concessional funds the consumer movement has been facing a great deal of problems. 500 crores are yet to be paid by the Government in regard to their claims under ARDR.Many a time. Need for Strengthening Consumer Cooperatives Consumer cooperative have been playing an important role in making available essential and other consumer goods of mass consumption to the people as well as are acting as deterrent for private trade who charge exorbitant price through wide network spread both in urban and rural areas. the Government should also provide such support to them. Besides. While the Government have provided a big budgetary support to commercial banks and RRBs to cleanse their balance sheet. in recent years. the Government have not provided such support. However. It is estimated that nearly Rs. Since cooperative credit and banking institutions constitute a very important segment of financial sector particularly in the context of effective flow of credit to the agriculture and priority sectors. the cooperative banking sector has also incurred a heavy loss of interest on account of delayed settlement of its claims under ARDR. It is urged that the Centrally Sponsored Scheme for assisting distribution of consumer articles which was transferred to the States in 1992 be restored and NABARD should be . All these problems have resulted into heavy losses to the cooperative banking sector. 7. still a large amount of cooperative banking sector is lying outstanding against the Government. While the claims of the commercial banks in regard to ARDR loan were promptly settled by the Government. the populist policies of the Government such as loan waivers have done a great harm to the cooperative agricultural credit and banking institutions. 8. It is.of India 9. . Support to Labour Cooperatives Labour Contract/Construction Cooperatives and Forest Labour Cooperatives have been promoted to provide employment and protect the interest of rural poor and other weaker sections of the community. It is requested that Government of India should extend necessary support to revive the business operations of weak industrial. An agency like BIFR should be created for rehabilitating sick units wherein NCDC should act as nodal agency. The members of labour contract/construction cooperatives as well as forest cooperatives may be extended social security through Janta Personal Accidental Scheme for which full financial support may be provided by Govt. marketing and finance. urged that labour cooperatives may be extended concessional finance through cooperative banking structure on the pattern of weavers cooperatives being financed by NABARD.advised to extend refinancing facilities for raising working capital finance from cooperative banks. therefore. NABARD/RBI may also issue suitable instructions to allow the consumer cooperatives to avail block capital loan/term loan from cooperative banks and nationalised banks. machinery. handloom and handicraft cooperatives. 10. Support to Industrial/Artisanal Cooperatives The Industrial/Artisanal Cooperatives having large employment and export potential are presently in precarious condition due to operational constraints relating to raw materials. Need for Rehabilitation of Sick Cooperative Units The adhoc policies adopted by the Government have turned many sugar and other processing factories sick and the cooperatives do not have any agency like the BIFR to rehabilitate sick units. Presenlty there is no line of credit to meet their financial requirements. .. red snapper. But the wide variety of fish resources found in Indian inland waters.INTENSIVE STUDY ON NATIONAL FEDERATION OF FISHERMEN”S COOPERATIVES LIMITED WITH REFERENCE TO FISHERIES SECTOR IN INDIA With its over 8000 km.7 million tons in FY 1990. octopus. . lobster. shrimp. and encourage deep-sea fishing through joint ventures.000 tons in FY 1950 to 2. of coastline. cuttlefish. Units mostly exist in the small scale sector as proprietary/partnership firms or fishermen cooperatives. These efforts led to a more than fourfold increase in coastal fish production from 520. coastal areas and deep seas comprising India's Exclusive Economic Zone. Marine fish in India include prawns. The increase in inland fish production was even more dramatic.4 million tons in FY 1990. increasing almost eightfold from 218.000 tons in FY 1950 to 4. The value of fish and processed fish exports increased from less than 1 percent of the total value of exports in FY 1960 to 3. Over the last decade. Special efforts have been made to promote extensive and intensive inland fish farming. Fish production has increased more than fivefold since independence. processing and export of coastal fish.000 tons in FY 1950 to 1. tuna. mackerel. the organized corporate sector has become increasingly involved in preservation.1 million tons in the early 1990s. 3 million hectares of reservoirs and 1. squid. modernize coastal fisheries. It rose from only 800. still remain grossly under utilized. cat fish and many other varieties. ribbon fish.6 percent in FY 1993. India's substantial fishery resources are seriously under-utilised and it is widely recognised that there is substantial potential to increase the output of this sector.4 million hectares of brackish water. India has vast potential for fishes from both inland and marine resources. and some 34. West Bengal. Kerala. 1. In addition to this marine zone. In 1990 there were 1. or seamen. Most fishery training is provided by the Central Institute for Fishery Education in Bombay (or Mumbai in Marathi).7 million full-time fishermen. In the mid-1980s. In the early 1990s. and Hyderabad (Andhra Pradesh).5 million tons. Agra (Uttar Pradesh). are the Central Institute of Marine Fisheries Research at Kochi (formerly Cochin). all of which operate under the Indian Council of Agricultural Research.000 traditional craft powered by sails or oars. and 2.000 mechanized boats. 26. and nearly 64. about 1. The potential annual catch from the area has been estimated at 4.000 motorized traditional craft.6 million hectares of freshwater lakes. The principal fisheries research institutions. stretching 200 nautical miles into the Indian Ocean. or operated boats for hire. . India has about 1.3 million part-time fishermen. which has ancillary institutions in Barrackpore. ferrymen. encompasses more than 2 million square kilometers.Great potential exists for expanding the nation's fishing industry. ponds. the fishing fleet consisted of 180. Fisheries research and training institutions are supported by central and state governments that deserve much of the credit for the expansion and improvements in the Indian fishing industry. many of whom worked as saltmakers.3 million occasional fishermen. the Central Inland Fisheries Institute at Barrackpore. of which only 60. India's exclusive economic zone.4 million hectares of brackish water available for aquaculture.000 kilometers of rivers and streams.000 hectares were being farmed in the early 1990s. only about 33 percent of that area was being exploited. and swamps. and the Central Institute of Fisheries Technology at Willingdon Island near Kochi. marketing is carried on entirely by fisherwomen who carry small quantities in containers on their heads to nearby places. The government provides subsidies to poor fishermen so that they can motorize their traditional craft to increase the range and frequency of operation. FISHERY CO-OPERATIVES As fishing developed in to a business with widespread marketing potential.171 traditional craft had been motorized under the program by 1992. Indonesia. Madras (Tamil Nadu). fishing people in various parts of the world have developed co-operatives as ways in which individual fishers can escape the bondage of "trucking" systems. with a consequent increase in the catch and earnings. In some places.Apart from four main fishing harbors--Kochi (Kerala). Fishing co-operatives are well developed in many European countries. most traditional fishermen rely on household members or local fish merchants for the disposal of their catches. In recent decades the movement has grown extensively in Asia. A total of about 26. and Roychowk in Calcutta (West Bengal)--twenty-three minor fishing harbors and ninety-five fishlanding centers are designated to provide landing and berthing facilities to fishing craft. Fisheries co-operatives traditionally have been concerned with the harvesting of wild fish and sea animals but more recently they have . several states have organized marketing cooperatives for fishermen. Good wholesale or retail markets are rare. Vishakhapatnam (Andhra Pradesh). India and Sri Lanka. Nevertheless. To improve returns to fishermen and provide better products for consumers. Korea. notably in Japan. such as France and Portugal. fish farms and shellfish beds (clams. Consequently. both in infrastructure and finances. fishermen are subjected to exploitation by middlemen. who act as money lenders.). state and national levels. Co-operatives are the shield of the weak and in India fisher-men are among the weakest sections of the community. and lack of knowledge of latest fisheries technology are contributing factors. Currently fishing co-operative around the world are wrestling with issues involving the future of their industries. but the overall picture of fishery co-operatives is not encouraging. etc. traders and contractors. The state of West Bengal was the next to organise co-operative societies in the fishery sector in 1918. Indian Fishery Co-operative Movement The fishery co-operative movement in India began in 1913 when the first fishermen's society was organised under the name of 'Karla Machhimar (Fishermen) Co-operative Society' in Maharashtra. fishing co-operatives.become evident in various kinds of resource cultivation. federations at district/regional. Efforts made in this direction have yielded good results in some areas. Tamil Nadu. In the same year. Arguably. Illiteracy. oysters. This vicious circle is further strengthened by lack of institutional support. also organised one co-operative society. have special responsibilities to ensure the sustainability of their activities. Today there are: ♦ ♦ ♦ National Level Federation 1 State Level Federations Central (District/ Regional 17 . given their special relationships with the communities of their members. The structure continued to grow over years into multi-functional units at the primary level. poverty. Fishermen discovered co-operatives could spare them from exploitation and improve their socio-economic conditions. A number of fishery co-operatives in the country are helping their members and their family members to the extent of providing complete marketing infrastructure for the sale of the catch at remunerative prices.♦ ♦ Level Federations Primary Societies 108 9369 The membership at the primary level is 0." and encouraging the The study also emphasised the need for. One evaluation confirmed that arrangements of marketing made by the fishery co-operatives in the states of Maharashtra save the members from exploitation. "multifunctional primary co-operatives can be retained". "as a tool for promoting the interests of fishermen.9561 million. A study conducted by the Council for Social Development confirmed the suitability of the fishery co-operatives. To ensure that a well-knit structure of fishery co-operatives is created in the country. In some of the states. . the fishery co-operative movement is working very effectively and a number of evaluations have confirmed the efficiency of these organisation. the study recommended that. fishermen's co-operative societies for "organising active fishermen into co-operatives and for strengthening performance of multi-purpose functions and social interest of their members". structural linkages among fisheries co-operatives in the state. particularly for water bodies. The law defines the roles within fisheries co-operatives. At the regional level. State governments should take necessary steps to correct this. it is necessary to organise regional/district level fisheries co-operative federations to provide inputs. . the State Governments should formulate separate provisions for fisheries co-operatives within the Act or enact separate legislation to allot water bodies and avoid overlapping operation. In light of the establishment of fish farmer development agencies inland and brackish water fisheries. In order to promote fisheries. finances. In most of states special provisions in the Co-operative Societies Act or a separate Act for Co-operative Land Development Banks (now known as Agricultural and Rural Development Banks) exist. This results in unhealthy competition between them. Those states which have not yet organised a federation of fisheries cooperatives should begin one with sufficient equity to take up business and promotional activities for fisheries co-operatives in the state. Countries like Japan and South Korea have special enactments which guarantee allotment of fishing waters to fisheries co-operatives and ensure membership of genuine active fishermen. harvesting and marketing support to the members of primary fisheries co-operatives and fish farmers.PROBLEMS AND SOLUTIONS IN THE FISHERY CO-OPERATIVE SECTOR The co-operative fisheries sector in India faces crucial problems. At the primary level in most states fisheries co-operatives overlap. the gap is very wide in these states. Existing co-operative law does not support fisheries co-operative development. operational inputs. Existing state level federations must be activated. Financial aid is often not available where it is needed. their job begins. market yards. Women play a very important role in fisheries co-operatives. which prevents women from participating in the management of the fisheries cooperatives. NABARD should also take immediate steps to encourage co-operative banks to provide credit to fisheries cooperatives where it will be most effective. The Ardhanareeswaran Committee have recommended joint membership of husband and wife in co-operatives. Fisheries co-operatives should be given necessary support to pull their catch and have access to strong export infrastructure with qualified staff. In the marine sector. Poverty in fishing communities in the country necessitates liberalization of norms for fisheries co-operatives and provides support through low interest rates. transport facilities.and to organise/re-organise the existing primary level fishery cooperatives. This may be implemented. Co-operative law does not allow membership of both husband and wife. Women involved in the fishery must participate in the management of fisheries co-operatives. Co-operative banks and other financial institutions have not helped to develop fisheries co-operatives in most of the states. . roads. It should also issue clear-cut instructions to allot water bodies to reorganised co-operatives so that they may have necessary fishing water to provide employment to their members. the primary fisheries co-operatives should be strengthened with infrastructure facilities like landing centres. welfare and credit. Once the fishermen bring in the catch. The National Co-operative Development Corporation has revised its pattern of assistance to fisheries co-operatives. like payment of lease money. Efforts to achieve regional co-operation among Asian aquaculture countries in the field of transfer of technology. They have envisioned formulations for the sustainable development of aquaculture and ornamental fisheries.To market fish profitably. alerts on disease outbreaks and its transmission etc are required for mutual benefit and development. many of which are insurmountable within the present administrative set up of the Union Government. co-operative marketing in India must be strengthened. market operations. . AN independent Ministry for Fisheries at the Centre has been proposed to ensure development in fisheries sector as in the agriculture sector at an international seminar on aquaculture and ornamental fisheries . Funding for infrastructure should be provided by central. the enhanded over for management to fisheries co-operatives. maintenance of quality standards. offers tremendous potential in generating employment. The fishery sector. ensuring a fair price for both producers and consumers. which plays a major role in the primary production sector of India's economy. health management. As per National Federation of Fishermen’s Cooperatives Limited the aquaculture situation globally. the species involved in aquaculture is very limited. For this purpose. marketing infrastructure must be developed. The sector poses several challenges. biodiversity conservation. environment protection. earning foreign exchange and in providing assistance to people. There is a need to coordinate the Government of India and state governments to achieve continued growth in the fishery co-operative sector which is so vital to the economy and poor people. State and local bodies. disease diagnostic centres. tourism. providing marketing arrangement and holding facilities at ports etc. providing standard hatchery facilities. legal framework for import of live seed materials. seed production and farming practice as well as comprehensive market research. electricity. local bodies and non governmental agencies.Therefore it is an imperative need to diversify the species mix with a view to catering to varied market demand and to avoid risks of exclusive dependence on a few species. it recommended that the deficiencies in infrastructure be rectified by way of setting up EPZ's in the strategic locations. planning and administrative support from the different departments of the governments such as fisheries. transport. There is also an imperative need to introduce legislative measures to restrict and regulate wide collection of . For fulfilling this requirement. irrigation. it was suggested that the focus of the industry should be shifted from capture-based operations to culture-based operations so that the industry could be made sustainable. The potential for recreational and coldwater fisheries in India is very promising and these can contribute to the ecological. Sustainable development of these fisheries need clear policies. economic and cultural development. Having understood the backward nature of the Ornamental fish industry in the country. the seminar recommended that the indigenous germplasm available in the respective countries might be judiciously harnessed by developing appropriate technologies for captive breeding. In view of the heavy depletion of the stock of certain species of ornamental fishes due to indiscriminate exploitation. It is recommended to frame policies by the Union and State Governments to stop the use of aquaculture drugs in farms taking into account the antibiotic residual problems in seafood. a national database incorporating a systematically surveyed germplasm inventory. For the introduction of new species in the international markets and gain momentum in the ornamental fish trade.ornamental fish stocks for domestic and international marketing and for preserving the biodiversity of the country. Considering the tourism importance of ornamental fishes. breeding and rearing technologies and economics of operations in various scales on ornamental fishes has to be developed. aqua parks and oceanaria are to be established in appropriate locations so that tourists can be attracted. . . ANNEXURES . IMPORTANT SEGMENTS OF INDIAN COOPERATIVES • • • • • • • • • • • • • • • • COOPERATIVE EDUCATION AND TRAINING AGRICULTURAL CREDIT COOPERATIVES (PRODUCTION) AGRICULTURAL CREDIT COOPERATIVES (INVESTMENT) NON-AGRL. CREDIT COOPERATIVES (URBAN BANKS) COOPERATIVE MARKETING TRIBAL COOPERATIVES FERTILISER COOPERATIVES CONSUMER COOPERATIVES WEAVERS COOPERATIVES SUGAR COOPERATIVES COOPERATIVE SPINNING MILLS INDUSTRIAL COOPERATIVES (NON-WEAVERS) DAIRY COOPERATIVES FISHERIES COOPERATIVES HOUSING COOPERATIVES LABOUR COOPERATIVES POULTRY COOPERATIVES . i. The Statement of Objects and reasons states as follows – (a) Cooperative Society can be established for purpose of credit.COOPERATIVE SOCIETIES ACT: Cooperative Societies Act is a Central Act. However. (b) Agricultural credit societies must be with unlimited liability. the provision is continued as in several provinces (now States) such societies do exist and are working. Though the Act is still in force. Thus. ‘Cooperative Societies’ is a State Subject (Entry 32 of List II of Seventh Schedule to Constitution. (c) Unlimited society is not best form of cooperation for agricultural commodities. the Central Act is mainly of academic interest. . production or distribution. State List).e. it has been specifically repealed in almost all the States and those States have their own Cooperative Societies Act.. However.– As per preamble to the Act. but to . It is not intended to give them undue encouragement. the Act is to facilitate formation of cooperative societies for the promotion of thrift and self-help among agriculturists. artisans and persons of limited means. practically. legalise their existence. He has powers of general supervision over society. Registration of Society State Government will appoint Registrar of Cooperative Societies. [section 3]. Function of Registrar starts with registration of a society. He can order inquiry or inspection against society. and of which majority of members are agriculturists and of which no member is a registered society shall be unlimited [section 4]. (1) Liability of a society of which a member is a registered society shall be limited. The society can be registered with limited or unlimited liability. (2) Liability of a society of which object is to creation of funds to be lent to members. . He can order dissolution of society. Societies which may be registered A society which has as its object the promotion of economic interests of its members in accordance with cooperative principles can be registered as a Society. However. a society established with the object of facilitating operation of such a society can also be registered under the Act. Returns of Society are to be filed with Registrar. State Government can appoint persons to assist Registrar and confer on such persons all or any of powers of Registrar. unless State Government otherwise directs. Similarly. (d) Unlimited society can distribute profits with permission of State Government. unless State Government otherwise directs. Registrar is empowered to decide whether a person is agriculturist or non-agriculturist or whether he is resident of same town/village or whether the members belong to same caste/tribe etc. but liability of such other society must be limited. unless Registrar otherwise directs. If object of society is creation of funds to be lent to its members. [section 6]. [section 7]. . If the Society is registered with limited liability. Restrictions on society with limited liability If a society has limited liability. Who can form a society A society can be formed with at least 10 members of age above 18 years.. a registered society can be member of another society. .This restriction of 20% shares or Rs 1. any individual member of such society cannot have share capital more than one-fifth of total capital.000 shares value is not applicable to a registered society which is member of another society. class. all the members must be residing in same town.000. and his decision will be final. is not applicable if a registered society is member of another society. . . caste or occupation.. village or group of villages or all members should be of same tribe.Thus..The last word in name of society should be ‘Limited’. An individual member cannot have interest in shares exceeding Rs 1.The provision of minimum 10 members or residing in same town/village etc. . . [section 13(3)]. [section 12]. Rights and liabilities of members If liability of members is not limited by shares. [section 11]. Amendment of bye-laws Any Amendment to bye-laws shall be registered with Registrar.. if a registered society is member of another society.[section 5]. each member will have as many votes as may be prescribed in bye-laws. If Registrar is satisfied that the amendment is not contrary to Act or rules. He will issue a certificate of registration along with copy of amendment certified by him. If a registered society has invested in shares of other registered society. he will register the amendment. if there is any default in payment to society. unless he has made payment to society in respect of membership or has acquired interest in society. each member shall have one vote irrespective of amount of his interest in the capital. [section 13(2)]. the member cannot exercise his rights. . If liability of members of a registered society is limited by shares. [section 13(1)]. . Thus. it can vote by appointing a proxy. which is conclusive evidence that the amendment has been duly registered.A member of registered society shall not exercise his rights as member. it can hold shares exceeding 20% or exceeding Rs 1.000 in value.Thus. as may be prescribed by rules or bye-laws. Secretary. [section 2(b)]. (just like a company). enter into contracts. the priority is subject to prior claims of (a) Government dues in respect of land revenue or (b) Dues of landlord in respect of rent receivable by the landlord.Committee means the governing body of a registered society to whom the management of its affairs is entrusted. The priority is upon the crops or other agricultural produce upto 18 months from date of supply of seed/manure or loan. (b) Supply of cattle or . Registered Society is body corporate A registered cooperative society is a body corporate with perpetual succession and common sea. The priority of society is in respect of following – (a) Supply of seed or manure or loan for purchase of seed or manure. However. Priority claim of society dues from member A registered society is entitled to priority to other creditors and enforce outstanding demand due to society from any member. .Management of society Each society will be managed by Committee. treasurer. institute and defend suit and other legal proceedings and to do all things necessary for the purposes of its constitution. It can hold property. member of Committee or other person empowered under rules or bye-laws to give directions in regard to business of society. Officer of society includes a Chairman. [section 2(e)].. [section 18]. The priority is upon the cattle/fodder/ machinery / raw materials supplied or any articles manufactured from raw materials supplied or purchased form loan given by society. [section 19]. However. State Government. Restrictions on loans A registered society can give loans only to its members. Liability of past member Liability of past members towards society as on the date he ceased to be member will continue for two years. Inspection of affairs of society Registrar can hold an enquiry or direct some person authorised by him to hold enquiry in following circumstances – (a) Of his own motion (b) Request of Collector (c) Application by majority of committee members of society or (d) At least one-third of members of society. A society with unlimited liability cannot lend money on security of movable property without sanction of registrar. [section . agricultural implements or machinery or raw materials or loan for these.fodder of cattle. it can give loan to another registered society with permission of Registrar. by issuing a general or special order. [section 29(2)]. [section 29(1)]. [section 23]. can prohibit or restrict lending of money on mortgage of immovable property by any registered society or class of registered society. . may cancel the registration of society. Dissolution of society Registrar. All officers and members of society shall furnish necessary information to registrar or person authorised by him. If appeal is filed. [section 48].35(1)]. or on application received from 75% of members of society. [section 35(2)]. [section 39]. Any member can appeal against the order of Registrar within two months to State Government or other Revenue Authority authorised by State Government. the order will become effective only after it is confirmed by appellate authority. the Society should be dissolved. Companies Act not applicable Provisions of Companies Act are not applicable to registered cooperative society. If no appeal is filed within two months. the order of dissolution shall become effective. after inspection or inquiry. if in his opinion. Object of the Act As per preamble to the Act. Multi-State Cooperative Societies Act. State List). This hinders growth of cooperative societies. The 2002 Act makes special provision for registration and functions of Federal Cooperative Societies. Hence. Multi-State Cooperative Society can be formed under Multi State Cooperative Societies Act. 2002 has received President’s assent. Multi State Cooperative Societies Act was passed in 1942. the Act is consolidate and amend the law relating to cooperative societies. The Act will supersede 1984 Act when . to facilitate the voluntary formation and democratic functioning of cooperatives as people’s institutions based on self-help and mutual aid and to enable them to promote their economic and social betterment and to provide financial autonomy and for matters connected therewith and incidental thereto. This 1984 Act is now being replaced by 2002 Act. i.e.MULTI STATE CO-OP SOCIETIES ACT 2002 Since ‘Cooperative Societies’ is a State Subject (Entry 32 of List II of Seventh Schedule to Constitution. The 2002 Act has already been passed but has not yet been made effective. with objects not confined to one State and serving the interests of members in more than one State. the cooperative societies formed under State Acts have to restrict their activities to only one State. It was later replaced by 1984 Act. This is intended to ensure quicker and more judicious settlement of disputes. The word ‘limited’ or its equivalent in any Indian language shall be affixed to the name of every multi-State cooperative society registered under the Act with limited liability. Under the Act. Cooperative Principles Cooperatives work on basic concept of ‘mutual assistance’ and ‘one man one vote’. Under the Act. It includes societies which were incorporated under Cooperative Societies Act 1912 & earlier Muti-Cooperative Societies formed under 1942 or 1984 Act. [section 5(2)].brought into force. The Act applies to all cooperative societies with objects not confined to one State..(a) its main objects are to serve interests of members in more than one State and (b) Its bye-laws provide for social and economic betterment of its members through self-help and mutual aid in accordance with the cooperative principles.The bye-laws of multi-state cooperative society . there will be a Central Registrar overseeing and regulating multi-state cooperative societies. [section 5(1)]. Which society can be registered No multi-state cooperative society can be registered under the Act unless . . a quasi-judicial authority titled the Cooperative Disputes Settlement Authority will be set up to replace existing system of such settlement by Central Registrar. Bye-laws of society . Society is a body corporate Every multi-state cooperative society is a body corporate with name under which it is registered. [section 4(1)]. It can acquire and dispose of property (movable as well as immovable). It will have common seal and perpetual succession. Federal Cooperative ‘Federal Cooperative’ means a federation of cooperative societies registered under this Act and whose membership is available only to a cooperative society or a multi-state cooperative society. Powers in relation to a national cooperative society cannot be delegated to State Government. as given in First Schedule to the Act. [section 3(k)]. Registration of multi-state cooperative society Central Government will appoint a Central Registrar of Cooperative Societies. but powers of registration cannot be delegated. [section 4(2)].should provide for cooperative principles. enter into contracts. institute and defend suits by the name it which it is registered. [section 9(1)]. He will register the multi-state cooperative society. Some of his powers can be delegated to other officers of Central or State Government. The ‘bye-laws’ are comparable to ‘Articles of Association of a company’. other . provisions have been made for rights. Voting by members Every member. Hence. Conversion. amalgamation or division of society The Act makes provisions for conversion. irrespective of his shareholding. [section 25(5)]. rights and liabilities of members Cooperative Principle is based on the concept of mutual assistance. Duty of every member It is duty of every member of multi-state cooperative society to promote and protect interests and objects of the society. including member who is employee shall have one vote. Duties. Government. Chairperson will have casting vote in case of equality. duties and liabilities of members. amalgamation etc. If person other than individual are members (e.Each multi-state cooperative society must have bye-laws for its internal management. in certain cases.g. An employee is not entitled to vote in respect of elections to members of board or amendment to bye-laws. Proxy is not permitted. NCDC etc. full or part. [It appears that his election will be made by Board of Directors]. he can again be elected as .A person can be elected as Chairperson/President only for two consecutive terms.) voting power to its nominee will be one vote only. A person who is Minister in central or State Government cannot be elected to the post. General body will consist of all members.cooperative society. Chairperson/President of society A multi-state cooperative society can have Chairperson/President and Vice Chairperson/Vice President. [section 31]. NO VOTING BY PROXY Voting must be done in person. They will elect Board of Directors to exercise overall control over operations. Management of Society Management of a multi-state cooperative society will be a three tier structure. Day to day control will be exercised by ‘Chief Executive’ who will be employee of the multi-state cooperative society. after a gap of one full term.. However. [section 32]. A multi-state cooperative society or cooperative society which is a member can appoint its representative to vote on its behalf. A smaller body consisting of delegates of members can be formed and some powers can be delegated to the small body. . [section 44]. Term of elected members shall be five years at a time. [section 45(5)]. [section 45(1)]. Chief Executive . However. [section 45(6)]. same will be held by Central Registrar. OFFICE BEARER ONLY IN TWO SOCIETIES A person can be Chairperson/President or Vice Chairperson/Vice President of at the most two multi-state cooperative societies at a time.Chairperson/President. if bye-laws permit. the Board will continue till successors are elected or nominated as per provisions of the Act and bye-laws. Elections will be held at the time of general meeting and by secret ballot. [section 46]. [section 45(7)].. Elected members are eligible for re-election. If Board does not hold elections. . Only a person who is member of society can contest elections. Election of directors Election of directors will be responsibility of existing Board. Powers and functions of Board The Board of Directors may exercise all powers as may be necessary to carry out its functions under the Act.Each full term is of five years. [section 49(1)]. inquiry or inspection. [section 51(1)]. Winding up of society Winding up can be ordered by Central Registrar after audit. He will be member of Board and of executive committee and other committees of Board. [section 51(3)]. Winding up can also be ordered if number of members fall below 50 or where society has ceased to function or has not commenced business within 6 months. [section 86(5)]. [section 86(2)]. Chief Executive will be appointed by Board. . ..If Central/State Government holds 51% or more equity capital of multi-state cooperative society. his salary and service conditions will be as prescribed by rules. [section 51(2)]. [section 87]. after giving opportunity of hearing to society. Privileges of multi-state cooperative society Certain privileges are granted to multi-state cooperative society so that it can function effectively.Each multi-state cooperative society will have Chief Executive (by whatever name called).he will be full time employee. Cooperative Bank cannot be wound up without previous sanction of RBI. Cooperative Bank will be wound up if RBI so directs. [section 86(1)]. (para 2. therefore. (para 2. Task Force recognises increasing borrowing membership and volume of business as essential steps for improving the performance of cooperatives. Cooperatives as 'member-driven' enterprises 2.17) Implementation of Model Act 5.19) Human Resource Development (HRD) in Cooperatives 6. Human resource development which is an important component for the success of any organisation has not been accorded the importance it deserves in the cooperative institutions.16) 4. The limited resources of cooperative banks had inevitably led to low business level. The state governments. However. The Task Force feels the need to have frequent dialogue with the state government by a Standing Committee comprising of representatives of GOI.15). state governments may not object to registration of more than one PACS.12). central government. The Task Force would even suggest that in areas having potential for setting up of more than one society. provided the government is satisfied about the viability of both the existing and new society to be registered and that it would increase the overall borrowing membership of cooperatives in that area. The Task Force upholds the view that there is an urgent need for the state governments to review and relax their control over the cooperatives. There should also be a conscious policy for developing a second line of management in all key functional areas of a cooperative bank. (para 2. in the existing scenario. In this context. The existing organizational design of most of the cooperative banks does not conform to the basic principles of management of a sound financial institution. for increasing their levels of business hardly requires any emphasis. It is necessary to evolve scientific staffing norms. if at all it is to be used in public interest. (para 2. it may be done by the state government very sparingly in consultation with NABARD.21) . notwithstanding the continuously increasing demand for credit. RBI. especially the capital. NABARD and Federation of the concerned cooperative banks to sensitise the state governments on various issues relating to cooperatives one of which could be on steps to make them 'member-driven'. The power of supersession of the Board of Directors should not vest in the state governments. The Task Force is of the opinion that the cooperative banks will have to evolve sound personnel policies encompassing proper manpower planning and assessment. feels that the empowerment process of the credit cooperatives would require a continuous review of the approach of all concerned viz. etc. (para 2. The Task Force recommends adoption of the essential features of the Model Cooperative Societies Act by all the state governments or bringing in necessary amendments in the State Cooperative Societies Acts so as to reflect the spirit of democratisation and selfreliance enshrined in the Model Act. (para 2. the need for strengthening the resource base. RBI and NABARD to facilitate making cooperatives 'member-driven' organisations and to ensure that they are not subjected to excessive control and regulation. The Task Force.ANNEXURE 1 Recommendations for Cooperative Banks in India by NABARD: Resource Base and Business 1. drawing a definite plan of action with a time frame for necessary amendments in the state acts and by-laws. 3. training. Goven the overall aim of institution-building and making cooperatives self-directed decentralized institutions. It is further suggested that appropriate steps should be taken for the development of HRD in cooperative banks through training at various levels. pending disbanding of the cadre system. The cooperative banks should work like professional organizations on sound managerial systems in tune with the needs of the time.28) 11. there is a need for giving as much autonomy as possible to facilitate their proper growth and progress. information and skills. (para 2.26) 10. has virtually outlived its utility in many states and there is a need to consider disbanding the system wherever it is not working effectively. (para 2.28) 12.29) Duality of Control 13. CEO should preferably be a person with suitable banking background and the elected boards should be restored at the earliest opportunity. career progression. Conscious and well specific HRD principles in crucial areas like recruitment. (para 2. the roles and responsibilities and areas of regulation through delegation of powers in respect of all the players in the field viz. NABARD and apex bank/cooperative institutions. funds management. This calls for measures towards education programmes for members and office-bearers. Banking functions should be brought completely under the Banking Regulation Act to be regulated by the Reserve Bank of India. placement.7. The Task Force feels that to remove the overlapping of controls and endowing functional autonomy and operational freedom to cooperatives. there is an urgent need to prepare specific action plans. The Task Force is convinced that duality of control between the state governments on the one hand and RBI/NABARD on the other. The National Federations of the cooperative banks and higher tiers should come forward to help these banks in these matters. had resulted in cross-directives. In the event of unavoidable supersession of board of directors. The Task Force feels strongly that normally the government should not appoint its officers as CEOs. it will help if frequent transfers are not resorted to and a minimum period of posting in a particular bank is ensured. The Task Force feels that caderisation within the cooperatives. NABARD may nominate such professionals to the boards. cooperative banks may consider utilizing the services of the Regional Banking Services Recruitment Boards. (para 2. accountancy. taking care of future projections of requirements. (para 2. (para 2. The Task Force suggests that the banks should have objective and transparent policy for recruitment of staff.22) 8. The state government. adversely affecting the working of the cooperative banks. to retain and improve their market share and identity in the long run. RBI. managerial grooming. The provisions of the BR Act.33) . For the purpose. For this purpose.32) 14. If cooperative banking institutions are to function on professional lines. information technology. 1949 should override the provisions of the state Acts/bye-laws/rules which run counter to it. The Task Force advocates that DCCBs with good deposit base should have their own staff. etc. The Task Force suggests that the banks' boards should be professional and accountable ones. are not elected to the board. These plans should redefine the relationships clearly. are lacking in most of the cooperative banks. In the interregnum. as a pool. and giving guidelines on do's and don't. (para 2.23) Professionalism in Cooperative Banks 9. genuine cooperative leaders will have to be groomed through developing appropriate training modules providing specialized knowledge. etc. it is necessary to evolve a sound personnel policy and appropriate training modules for the staff in different categories on a continuing basis. (para 2. In case professionals in the field of banking. they have been using the word' bank/s' as a part of their name. Where there are genuine surplus of funds after meeting their traditional loaning activities. NABARD had introduced a scheme known as the "Cyclical Credit". The diversified avenues. necessary to provide for an institutional mechanism to ensure uninterrupted credit flow to these farmers. for meeting the production credit needs of farmers on a pilot basis in 1988-89. The Task Force emphasises diversification of business products as the prime need at all levels in cooperative credit institutions.39) 20. the Task Force is of the view that linking the same to a certain percentage of credit outstanding may not necessarily enhance the total volume of credit. In some of the states. 2. 2. The Task Force is of the view that such restrictions wherever they exist. It has come to the notice of the Task Force that cooperative banks are at times constrained by the provisions in their state cooperative societies acts/bye-laws for financing sectors outside the cooperative fold event if they had genuine surpluses after meeting their traditional commitments. need to be relaxed order that such of the institutions which have large surpluses are able to deploy them profitably. 2. (para. etc. While agreeing in principle to the need for permitting cooperatives to diversify into commercial lending. there is an imperative need for devising attractive banking products for mobilising savings in their areas of operation. Fostering a healthy banker-client relationship is essential for sustainability of banks through greater business volumes and improved productivity.37) Business Diversification 16. The Task Force. In the light of the experience gained. etc. Act by an amendment should explicitly prohibit the PACS from using the word 'bank' as a part of their name. There was a suggestion in this context that a portion of the outstanding credit of cooperative banks should be permitted to be deployed for commercial purposes outside the cooperative fold. This measure in addition to helping the cooperative banks to diversify their loan business may also to a certain extent resolve the problem of surplus funds and provide incentive to mobilise more deposits and thus improve their profitability. 2. therefore recommends that the cooperative banks may be permitted to lend up to 10 per cent of their deposits outstanding as at the end of the previous year. It is imperative that the cooperative banks enhance their loaning progressively. may include. floods.39) 19. At the level of DCCBs. It is. (para. interalia. for commercial and other high tech projects outside cooperative fold. efficient and affordable services. giving an impression to public that keeping deposits with them was as safe as keeping deposits with other banks. Banks should upgrade their services and technology to provide instant. NABARD may consider reviving the scheme.38) 17. consumer loans. The B. financing of services sector.42) Costs and Margins . (para.39) Institutional Mechanism to support Farmers in case of natural calamities 21. 2. (para. The scheme was not continued after the pilot stage. the cooperative banks should diversify their loan portfolio.R. 2. distribution of insurance products.38) 18. housing loans. Stringent penalties may be prescribed for violating these provisions.15. 2. (para. Instead the proportion of credit for commercial purposes may be linked to a certain percentage of deposits. to ensure that the farmer did not face any resource constraints and the financing agency stood by him in providing required crop loan irrespective of the repayment difficulties induced by the vagaries of nature. (para. (para. consortium financing. A large number of PACS have also been accepting sizeable deposits from non-members. Loan delinquencies and poor repayment are also caused on account of natural calamities such as droughts. therefore. All the banks in the district may share the management cost of the Depository proportionately or on the basis of any other mutually agreed formula. These non-credit business generally do not provide adequate margin on account of which PACS incur losses.10) 23. The Task Force is of the view that no unremunerative business is thrust upon the PACS and that they should be allowed the discretion to accept or not to accept any non-credit business at the instance of the state government. (para 3. (para 3.16) 26. The higher tier of the system should take the responsibility in this matter. Such a system would obviate the need for physical movement of cash which may be placed in the custody of a Depository chest managed by SBI or the lead bank in the district. Cooperative banks may be afforded adequate freedom in regard to investment decision subject only to a general exposure norm. For this purpose.16) 27. PACS are required to undertake activities such as participation in Public Distribution System. There is a need to evolve necessary mechanism and money market instruments for the cooperative banks for enhancing their local level investment options. (para 3. (para 3. The Task Force observes that in the post liberalisation era. The continuance or otherwise of any business especially non-credit business presently being undertaken by the PACS may also be left to their discretion. exposure limits and efficient monitoring and control mechanism. inter alia.20) 28. The Task Force considers it necessary for the cooperative banks to devote adequate attention to maximising their returns on every unit of resources through an effective funds management strategy and mechanism. a system of electronic funds transfer utilising NICNET may also be developed. availability of money market instruments.21) 29.11) 24. The success of the Investment Cell will depend predominantly on the infrastructure and high quality MIS support made available.12) Fund Management 25.17 & 3. (para 3. transaction and risk costs. A separate group may be constituted to work out the modalities for the investment of surplus funds of the cooperative banks.22. etc. 3. It is necessary that the interest rates offered by cooperative banks on deposits are market driven. The cooperative banks need to realise that indifference to the need for viability is inconsistent with the goal of turning themselves into essentially business enterprises especially in the current competitive environment.22) 30. composition of funds. In addition. The interest rate and margin to be available at the level of PACS should be adequate enough to cover the cost of raising funds and rendering services together with a reasonable surplus to meet future exigencies and eventualities. (para 3. maturity pattern of assets and liabilities. Cooperative banks will have to necessarily charge such rates of interest on their loan and advance as will cover the cost of raising funds. (para. institution-specific investment policies need to be evolved taking into account.22) . For the purpose. while other banking institutions have scaled down their interest rates on deposits. In addition to their normal loaning business. (para 3. It is necessary to provide periodic skill upgradation programmes to the CEOs and staff of Investment Cell to keep abreast of changes in the money market conditions. (para 3. the DCCBs should take up a suitable PACS-specific exercise in consultation with the PACS. The Task Force feels the need for doing away with state level restrictions which entail seeking the permission of the RCS for making investments so that banks are not to forego better opportunities on account of delays involved in obtaining the permission. the cooperative banks have continued the practice of offering slightly higher rates without much regard to prevalent market conditions. This would necessitate constitution of an Investment Cell with staff having requisite qualifications and skills to evaluate money market instruments available. (para 3. While the Task Force agrees that market related interest should be paid by SCBs/DCCBs on SLR deposits of . The Task Force is of the view that continuance of the existing three-tier structure in the short-term cooperative credit structure in bigger states as at present. wherever necessary and recommends that measures should be taken for strengthening cooperatives. 1949 to provide that urban banks may be permitted to invest their SLR funds in scheduled urban cooperative banks and if there is no head office or branch of such a scheduled urban cooperative bank in the place where the UCB is located. if necessary by voluntary amalgamation/merger based on economies of scale particularly in areas where DCCBs are unviable and are not in a position to ensure uninterrupted credit flow to agriculture.28) 35. margin. The responsibility in this regard rests on the higher tiers. It has to be recognised that different tiers are an integral part of a total system. the SCB may directly finance PACS by opening branches as in the case of two tier structure or alternatively the neighbouring DCCBs may finance PACS wherever existing unviable DCCBs are wound-up. The higher tier in the system has to decide about the need for amalgamation/merger. branches of DCCBs may directly finance individuals. The High Power Committee on Urban Cooperative Banks in paragraph 9. In the event of such an integration not fructifying in the short run. (para 3. Task Force supports this proposition and suggests that the state level cooperative banks and state governments may give serious thought to the integration of both the ST and LT credit structures in their states taking into account the local conditions. then in a commercial bank.30) Investment of SLR deposits of Primary Cooperative Banks (PCBs) 37. the neighbouring PACS may finance individuals or in exceptional cases of this not happening. In the event of liquidation of DCCBs. (para 3. till secondary market for government securities is improved and facility of UCBs keeping SLR funds with the DCCBs and SCBs is discontinued. (para 3. For the structure as a whole to work as a cohesive system.29) 36. Similarly. Where PACS are wound up. The Task Force recognizes the universally acknowledged fact that no institution has a divine right to live if it is not adding value to the system. The Task Force is not averse to reorganising and restructuring cooperatives.Delayering in Cooperative Banks 31. SCBs and DCCBs also may cater to the medium and long-term credit requirements in their areas of operation. (para 3.28) 33. have to offer a multitude of credit and non-credit services. (para 3. to succeed. The realignment of the structure may be done for the purpose with necessary legislative support from state government concerned after a review of the position by the respective SCBs. However. In the context of emerging need that all credit institutions.28) 34.27) 32. it may be necessary for the ARDBs to become resource-based institutions by raising deposits and broadbasing their credit operations offering a wide range of credit services including ST credit to supplement and complement their term credit. recoveries and other parameters required to make them functionally fiable. However. the organisational tiers have to be far stronger than they are at present. The Task Force understands that one of the reasons behind the plea made by the urban banks before the High Power Committee was that they are paid lower rate of interest on the funds placed with the DCCBs and SCBs. is generally necessary. presently the lower tier of the structure has not been getting the deserved attention in regard to interest sharing. there is a growing consensus that the integration of ST and LT structures into a 'single window' organisation may be an advantageous proposition.15 of their report recommended amendment to BR Act. Such realignment may be through merger between DCCBs or even liquidation of these institutions wherever necessary. the state government may have to take all possible steps to ensure that the process of liquidation is completed within a reasonable period of not more than one year. This measure should provide them with the needed incentive for further stepping-up credit flow for ST agriculture without detracting from the supplementary character of NABARD's refinance for SAO. the cooperative banks may make a beginning to more in the direction of strengthening their capital base so that they could conform to the applicable norms over a period of time (para 4. Keeping in view the supplementary character of NABARD refinance provided out of the RBI's General Line of Credit and the need for containment of the latter and increasing the use of public savings for ST (SAO) lendings.14) 40. may be provided refinance to the full extent of their incremental lending for ST (SAO) over and above their base level lending.14) Capital Adequacy 43. One of the steps could be to structure the rate of interest on refinance in a manner that the replacement of refinance by the real resources (savings of the community) becomes an attractive alternative. it recommends continuance of status-quo as regards the provisions of Section 24 of the BR Act. In cases where the scope for incremental agricultural lending is getting limited due to stagnating agricultural operations. The base level lending may be fixed appropriately as a moving average of the ST (SAO) loans outstanding during the previous three years. be considered by NABARD. (para 4. It would be ideal if the cooperative banks could comply with capital adequacy norms over a period of five to six years. Being a major sector of the rural financial system. such of those DCCBs which are not able to get any reasonable refinance support from NABARD thereunder. More than 60 per cent of their resources are by way of borrowings from DCCB. therefore. however. The Task Force is. the Task Force feels that the balance of advantage for PACS lies in utilizing the said reserves in their own business and that there should be no compulsion that these are invested outside the business as deposits with the DCCBs. recognises that the cooperative banks.17) Recovery Management . (para 4. The PACS have meagre resources by way of deposits and reserves.14) 41. Given the poor resource base of the PACS.14) 42.08) Minimum Involvement 39. (para 4. be encouraged to reduce the same over time. on a selective basis.07) Deposits of PACS with DCCBs 38.06 & 4. The Task Force. (para 4. have not been introduced for cooperative banks. which have been made applicable to commercial banks in 1991-92.PCBs. which have a high level of dependence on concessional refinance. There is hence a need to strengthen the capital base of cooperative banks. The capital adequacy norms. (para 4. The PACS maintained statutory reserves created out of profits which are required to be kept as deposits with DCCB. The Task Force feels that these constraints notwithstanding. 1949 (AACS) in the matter of eligibility of assets for the purpose of SLR. a minimal refinance support as a percentage of agricultural lending may. the Task Force agrees with the principle behind the MI discipline and advocates that the overall refinance policy be so structured so as to serve the above objectives. Steps would also be required to be taken to ensure that the banks. (para 4. of the view that while continuing with the existing norms/relaxations in MI. as they exist now. do not have access to the capital market as in the case of commercial banks. it is logical for the cooperative banks also to conform to the norms applicable to the commercial banks. the Task Force is of the opinion that there is a need to evolve compromise/settlement procedure for closing of long pending overdue level.11) 52.22) 47.10 & 5. (para 4.21) 46. internal and concurrent audit and periodic branch visits by the higher tier officials in cooperative banks is a matter of increasing supervisory concern. The Task Force is of the view that powers for expediting procedures for recovery of cooperative dues should invariably be delegated to and vested in the officials of cooperative credit institutions themselves preferably in higher tiers at the district and state levels. This imbalance has adversely affected the long-term viability of PACS. Lessons from the system operating in commercial banks may be suitably drawn by the cooperative banks. (para 4.20) 45.10 lakh. Task Force suggest that the SCARDBs/PCARDBs be allowed the right of foreclosure of mortgage in the case of willful defaulters. if necessary in consultation with the Institute of Chartered Accountants and the RBI. provided the default is not willful. (para 5. The recovery climate in cooperatives has been further vitiated by across the board loan waivers announced in the past. (para 4. The Task Force also endorses the recommendation for constitution of State Level Audit Committees. With a view to tackling the problem of overdues.26) Internal Checks and Control 50. This should substantially improve recovery position of such institutions and pave the way for securitisation of mortgage loans to raise resources from the market at reasonable rates. It is increasingly being recognised that such loan waivers penalise the honest borrowers and reward defaulters. The Task Force is of the opinion that audit of cooperative institutions should eb conducted on a regular basis and the cirteria for the audit classification should be uniform in all the states and be transparent. 1 lakh so as to expedite recovery of chronic overdues. Since it has been recommended to entrust this responsibility to chartered accountants. 4. (para 5. The state governments often resort to announcing interest rate subsidies. This had led to poor MIS in these banks. The Task Force feels that a decision needs to be taken at all levels that loan waiver/postponement of recoveries and granting of interest rate subsidies for populist reasons would not be made in future.07) Audit Cooperative Banks 51. (para 5. This may require some changes in the state cooperative laws which need serious consideration with a sense of urgency. This committee may advise the base level units also.4. The lack of appropriate internal control systems like inspections. An authorised person from the base level unit may be invited at theDCCB level for taking decisions on write-off.24) 48. (para. suitable parameters for determining their fees may be drawn up by NABARD. which leads to a general tendency of delaying repayment in anticipation of such announcements. Task Force is of the view that audit at all level be entrusted to the firms of Chartered Accountants only. The Debt Recovery Tribunals (DRT) were operationlised for recover of commercial banks' dues where individual loan outstanding were above Rs. Task Force suggests that the provisions of the existing DRT may be mad applicable to cooperative banks also where loan size is more than Rs. The Task Force re-emphasises that improving recoveries at the level of PACS and PCARDBs is the key for the revitalization process of the cooperative credit institutions. Fresh eligibility for such borrowers should be considered on merits and not as a matter of rule.44. In regard to the overdues in the long-term structure. (para.25) 49.12) . Many of the PACS do not have enough loan assets to cover their liabilities to the DCCBs. NABARD may formulate suitable guidelines for this purpose. The Task Force is of the view that these banks should strengthen their internal checks and controls and MIS so that supervision over these banks could be more effective. (para 4. These disclosures. The Task Force.16) Transparency and Disclosure Norms 59. Such bifurcation should not be attempted without prior approval of RBI. (para 5.15) Risk Management System in Cooperatives 58. 5. There have been suggestions from some quarters that inclusion of the district central cooperative banks in the second schedule to the Reserve Bank of India Act will confer better status to these banks in the eyes of the public and enable them to attract more deposits.14) 56. It should be the responsibility of the higher tier toe ensure timely completion of audit in the lower tier by also ensuring that the accounts are prepared in time. There have been instances of bifurcation of DCCBs/PCARDBs into smaller units. The Task Force opines that the SCBs. return on asets. provisions. to begin with. the Task Force is inclined to agree with the view that scheduling will help improving their status and facilitate in enlarging their resource base through greater deposit mobilization. (para 5.14) Scheduling of District Central Cooperative Banks 57. need to be captured in the audit reports of cooperative banks.17) . Task Force recommends that other State Governments also may follow suit and not reckon scheduling as a precondition for allowing their departments to place their fund with cooperative banks provided the latter are not categories 'weak'. (para. given the need to improve the image of cooperative banks. The Task Force is of the view that branch licensing of DCCBs needs to be brought under the provisions of the Banking Regulation Act. (para 5. RBI/NABARD may consider issuing guidelines for a Common Accounting System in SCBs and DCCBs. profit per employee.53. They have therefore suggested that Reserve Bank should consider giving scheduled bank status to the DCCBs. therefore. The Task Force understands that some of the state governments have been removing the restrictions through appropriate notifications. In the interregnum. Task Force is of the opinion that audit of PACS may be entrusted to the Chartered Accountants in a phased manner. suitably adapted. the Registrar of Cooperative Societies may obtain clearance from NABARD before giving his permission for opening new branches of DCCBs. 1949. Since the state governments are maintaining a large number of staff for audit. may be advised suitably on the asset-liability management as was done in the case of commercial banks. not justified on the grounds of viability. The Reserve Bank of India may.12) 54. The Task Force further suggests finalisation of the panel of auditors by a State Level Committee consisting of representatives from RBI. feels that it is more important to improve the functioning and enhance the inherent strength of cooperative banks rather than giving them scheduled status. therefore. (para 5. examine the issue separately and take a view. As regards the SCBs/SCARDBs and DCCBs/PCARDBs. the responsibility should be entrusted to Chartered Accountants straightaway. (para 5. It has been represented that scheduling is required for enabling DCCBs to accept deposits from government departments and other statutory bodies. Allocation of audits may also be done by the same committee.13) Opening of branches by DCCBs/Bifurcation of DCCBs/PCARDBs 55. NABARD and the concerned state government. etc. Towards this end. (para 5. merely on creation of new districts. The Task Force recommends that the apex cooperative banks and DCCBs may be asked to disclose certain critical information in their balance sheets like movements in NPAs. business per employee. However. in a single year will be a difficult proposition for the central as well as the state governments. (para 6. The assessment of viability in each case will have to be done following the usual principles of expected volume of business over a period. (para 6.06) 63.09) 67. The Task Force suggest that NABARD may formulate an appropriate strategy to effectively implement the core principles of supervision in relation to cooperative banks.06) 65. This should be confined to potentially viable units only.10) Funding Mechanism 68. the District/State Cooperative Banks would automatically be in good shape and do better.06) 64. because with a better performance of the PACS. to a very large extent. A similar strategy may have to be followed in the federal LT structure starting with the PCARDBs.08) Sharing and phasing 66. (para 6. The Task Force is convinced of the urgent need to initiate measures for the rehabilitation of cooperative banks also. (para 6. The higher tiers would also need additional support depending upon the position of their other assets. Task Force does not recommend across the board rehabilitation of all loss-making banks. health of rural financial institutions remains critical to the success of rural development efforts. Viability of member PACS would largely determine the viability of the central cooperative banks at the district level in which the PACS federate. which constitute the major segment of the rural financial system. However. The banks may be taken up for rehabilitation carefully on a selective basis even if the process of selection is timeconsuming. For the purpose of revamping. (para 6. Given the strong correlation between flow of credit and increased agricultural production and productivity and generation of gainful rurla employment. Task Force supports this view. the central and state governments should take the lead in the formulation of rehabilitation/revamping package for the cooperative credit institutions. (para 6. given the need to progressively reduce the state . level of income likely to be generated. Task Force recommends that the revitalisation package for cooperative banks may be a four-dimensional programme encompassing financial. (para 5. organisational and systemic aspects. The commercial banks and the RRBs have since been strengthened with recapitalisation. Ideally. There is an emerging view that given the priorities of the successive Five Year Plans to strengthen food security through increased agricultural production and enhanced credit flow for the purpose. whether a turnaround can be achieved in five to seven years beyond which rehabilitation assistance would not be available.03) Revitalisation Package Funding 62. the entire financial assistance for ST structure should come from the owners including state governments. etc.Core principal of effective banking supervision 60. the base level institutions (PACS) in the ST structure would be kept at centre stage. (para 6. opertional. a longer timeframe would be required for this purpose.19) Rationale and Need for Revitalisation of Cooperatives 61. Task Force is of the view that since revitalisation process is quite elaborate. Finding funds required for the purpose. to the extent applicable. (phara 6. national level and state level committees. etc.12) In the case of LT structure. Forty percent may be contributed by GOI. and therefore. the same criteria as followed for ST structure.12) The bonds will be extinguished over a period of five year (20 percent each year) with an initial moratorium of three years. where this is not possible.11) The Task Force is of the view that the initiative should be taken only in those states which take appropriate legislative measures in order to ensure elimination of duality of control and to place them fully udner the purview of B. it is necessary that the financial assistance from the state governments should be by way of loans and not in the form of equity. the state governments should also commit appropriate financial and administrative support. Outflows would be restricted to periodical payment of interest on the bonds issued Beneficiary cooperatives will only derive the benefit of interest income which will improve their profitability.R.13) Selection Criteria 75. except that the sharing pattern would change slightly. The starting point for any rehabilitation will have to be contributions from the members as additional share capital to the extent of 20 percent of the aggregate requirement for rehabilitation. 71. (para 6. This will not involve large outgo of funds from central/state governments. Here. PDS. NABARD and a select few state governments and an eminent cooperator. The scheme will be open to all state governments who expressly undertake to share the stipulated financial obligation and also fulfill conditionalities relating to organisational. (para 6. a State Level Committee may be constituted by drawing members from Regional Offices of RBI and NABARD and representative from state government and SCB/SCARDB.11) The share of the central and state governments may be in the form of bonds issued in favour of the DCCBs bearing a reasonable rate of interest. because relatively a smaller number of members continue on a long term basis. 73. (para 6. Further. the members may contribute 10 percent of the total requirements and the State and Central Governments may contribute 45 percent each. The bonds received by a DCCBs would have to be notionally allocated to the targeted PACS in accordance with their respective shares as determined under the rehabilitation package. For evolving and working out modalities for selection of banks. government's control over the cooperatives. operational and systemic aspects with regard to the functioning of cooperative banks. (para 6. the ARDBs have to work as full-fledged banks. it is necessary that the financial contribution by the state government is restricted. other options like merger with ST structure may have to be considered. The lower share for members in LT structure has been suggested. (para 6. the Task Force suggests that in the long run. .12) The members' contribution should be retained at PACS level to be used for its credit business and should not be deployed towards non-credit business or frittered away towards meeting cost of management.15) 76. This loan will be on behalf of specified PACS identified for the purpose of rehabilitation. interest income should go to the credit of such PACS and appropriate towards clearing the dues of such PACS. In the case of LT structure also. Bonds would be shown in the balance sheets of the selected PACS and they should be maintained at the DCCB level. 1949. 70. After the national level committee formulates the broad criteria for selection of banks.69. a National Level Committee may be constituted by drawing members from GOI. 74. Act. The federal structure as a whole viz the PCARDBs and SCARDBs has to be taken together for provision of rehabilitation assistance. (para 6. (para 6. RBI. may have to be adopted. 72. Both. may be chaired by NABARD. the contribution by them should be restricted to 40 percent of the aggregate requirement. Looking into the financial position of the state governments.11) Given the need to progressively reduce the state governments' control over the cooperatives. 18. be used for the implementation of the rehabilitation plan in states which accept the necessary pre-conditions for such plans as indicated at paragraphs 6. (para 6. NABARD. The meetings of the Committee may be chaired by Chairman. a three-party agreement in the form of a MoU may be entered into by the state governments. GOI. Deputy Governor. interalia. apex banks concerned and NABARD. and for clear delineation of supervisory role of RBI/NABARD on banking matters. Government of India may consider making an initial contribution Rs. recommends that a Cooperative Rehabilitation and Development Fund may be established in NABARD.21 & 6. operational and systemic inputs. Establishment of a Cooperative Rehabilitation and Development Fund in NABARD 80. Ministry of Agriculture. (i) The scheme implementing agency may be NABARD.22) 81. While presenting the Union Budget for the year 2000-2001. the Hon'ble Finance Minister proposed to establish a Fund in NABARD. In order to ensure effective implementation. would depend largely on evolving institution-specific action programme encompassing conducive organisational. (para 6. the other purposes for which the fund could be used may include. The broad conditionalities of the scheme will later be followed by strong institution-specific conditionalities once the institution is selected for revitalisation (para 6. (iii) Human Resources Development (iv) Essential infrastructure development. (para 6. the agreement will comprise four-parties including the DCCBs. (ii) Release of funds may be authorised by NABARD on fulfillment of specific conditions by state government and SCB/SCARDB concerned. Department of Banking. GOI. etc.500 crore which could be augmented later depending on needs through additional contributions from GOI. (ii) Development of IT in cooperative banks. In regard to the DCCBs. Reserve Bank of India and Chairman. Pilot Studies. Seminars. to eliminate excessive bureaucratization and overlapping jurisdiction of state governments and NABARD.23) Mutual Assistance Fund .Enactment of Model Cooperative Societies Act (with suitable changes) will have to be the centre stage of the conditionalities. The Fund may be administered by NABARD. (para 6. The Task Force.19) The overall monitoring of the revamping process may be overseen by a High Power Committee consisting of Secretary. therefore.18) Monitoring 78. to promote two prerequisites for a more vibrant rural cooperative credit system viz. (para 6.20) 79.17 and 6. The success of the revamping process.16) Conditionalities 77. Special Secretary. The Fund may.17 & 6. interalia: (i) Providing soft loans for augmenting the Mutual Assistance Fund proposed in this Report to be established at state level. NABARD. (v) Conduct of Training. (vi) Organisational restructuring of cooperative banks. in addition to financial support. (para 6. Task Force.25) 84. needs no emphasis.25 percent of their management expenses. a Mutual assistance Fund may be set up at the state level by contributions from cooperative credit institutions in the state. (para 6. suggests that for the purpose. therefore. Given the integral relationship amongst the various tiers of the cooperative credit institutions. DCCBs. and SCARDB and PCARDBs.27) .26) 85. (para 6. (para 6. The SCBs and DCCBs. The Fund may be managed by a committee consisting of the representative of SCB.82. the need for an institutional arrangement for mutual assistance even after the revamping process gets completed.24) 83. The Task Force suggest that NABARD may work out a simple scheme for setting up and management of the Fund and frame conditionalities and guidelines for the use of the Fund. The Fund may be utilised for rendering assistance as well as providing soft loans to weak primary units in future to enable them to overcome temporary difficulties. The cooperatives contributing to the Fund may be given a reasonable return on their contributions depending on the income accruing to the Fund. and PACS. SCARDBs and PCARDBs will annually contribute one per cent of their profits or 0. towards this Fund. whichever is higher. as the case may be. 080-22251474 E-MAIL: ncdcbang@vsnl. Bhubaneswar. 82-83. G. INDIA-600032. 080-22287017 PHONE NO. 0674-2545874 PHONE NO. PHONE NO.in National Cooperative Development Corporation. 044-22313134 E-MAIL ncdcchn@tn. FAX NO. 2nd floor. 2nd floor. INDIA-462016.ANNEXURES: OFFICES OF NCDC: National Cooperative Development Corporation. Shivaji Nagar. 1st floor. 387. INDIA-560052 FAX NO.in National Cooperative Development Corporation.Floor. Alok Bharti Comlex. 0755-2763647 PHONE NO.nic. SCO. Module No. Sector-17C. 8. 34 & 35.nic. INDIA-160017. Cunningham Road. Chennai. Bhopal. 0172-722126 PHONE NO. 044-22313824 FAX NO. Sahid Nagar.in National Cooperative Development Corporation. Garment Complex. 0172-702007 E-MAIL rdncdc@sancharnet. . Industrial Estate. INDIA-751007. Chandigarh.net National Cooperative Development Corporation. Bangalore. 0674-2502707 E-MAIL ncdcbbs@ori. Guindy. FAX NO. FAX NO.in National Cooperative Development Corporation. 101/1-A.0755-2552923 E-MAIL ncdcbpl@sancharnet. 14. G. INDIA-500004.A. P-161/1 VIP Road. 1st floor. Sector-16.S. Lucknow. INDIA-382016. FAX NO. 040-23240615 PHONE NO. Kolkata.nic. 0361-2526327 E-MAIL ncdcghy@satyam. 079-23222293 E-MAIL ncdcguj@icenet. 0361-2544427 PHONE NO.net National Cooperative Development Corporation.Laxmi Chambers. 2nd floor (Opp. INDIA-781007. 4th floor..C. Vidhan Sabha Marg. 040-23233760 E-MAIL ncdchyd@satyam. Bhavan.Road. FAX NO. Bora Service Station Bldg. Sahakarita Bhavan. Jaipur.nic. Ulubari. Central Block. Gandhinagar. INDIA-226001. 033-23554943 E-MAIL ncdccal@wb. FAX NO. Guwahati.in National Cooperative Development Corporation. 0141-2740327 E-MAIL ncdcjpr@raj. INDIA-700054.A. Hyderabad. No. INDIA-302001.033-23555538 PHONE NO. Public Garden).5-10-193.in National Cooperative Development Corporation. FAX NO.in National Cooperative Development Corporation.0522-2213093 . 079-23238292 PHONE NO. FAX NO. H.0522-2270565 PHONE NO.in National Cooperative Development Corporation.net. Nehru Sahakar Bhavan. Bhawani Singh Road. FAX NO.net. GH Road. 0141-2740320 PHONE NO. Maurya Lok Complex. Dak Bunglow Road. INDIA-171001.J. INDIA-695033. INDIA-411001. Balson Apartments. 21. Hotel Himland.in National Cooperative Development Corporation. 0612-2211604 PHONE NO. 2nd floor. 4th floor.0612-2221467 E-MAIL ncdcpat@sancharnet. 0177-2626297 PHONE NO. Pune. Thiruvananthapuram.in National Cooperative Development Corporation.net National Cooperative Development Corporation. B.in . 020-6128027 PHONE NO. 0177-2624407 E-MAIL ncdc9@sancharnet. FAX NO. INDIA-800001. Room No. CoBank Tower. 0471-2318497 E-MAIL ncdctvm@sancharnet. Opp. Palayam.Road. FAX NO. Shimla. 5th floor. FAX NO.net. 020-6127049 E-MAIL ncdcwest@vsnl. FAX NO.E-MAIL ncdclko@satyam. 0471-2311673 PHONE NO. Circular Road.in National Cooperative Development Corporation. A-Block. 5. Patna. nic.400 020 Maharashtra EASTERN REGION NAFED REGIONAL OFFICE STD CODE: 033 12-C. 22825648 Block E&F KOLKATA . 26347348 FAX : 26340261. NO.HEAD OFFICE Regional Offices NORTHERN REGION NAFED REGIONAL OFFICE 6th Floor. 26340766. Veer Nariman Road. 22829016.110014 WESTERN REGION NAFED REGIONAL OFFICE Raj Mahal 3rd Floor STD CODE: 011 TEL. TEL NO. 26412851 FAX : 26413658 E-Mail :
[email protected] 084 STD CODE: 022 TEL NO. Poonamalle High Road CHENNAI .700 071 FAX : 22824782 West Bengal E-Mail :
[email protected] 84. NO. Ring Road Ashram Chowk New Delhi .nic. Lord Sinha Road. 26411332. 22044608. NAFED HOUSE Sidhartha Enclave.in .in STD CODE: 044 TEL. 22043589 FAX : 2872156 E-Mail : nafmbi@bom. 26340019. 2nd Floor. Churchgate.nic. 22045777.in SOUTHERN REGION NAFED REGIONAL OFFICE "Crescent Court" 2nd Floor 963. MUMBAI . 26349227 E-Mail : nafronz@coop. PETROFILS 391 347 (Distt. 82-83. New Delhi – 110 019 4. .K. D. P. Deepali (5th Floor.P. MUMBAI – 400 001 14. 12. New Delhi – 110 014 2. Vashi. Petrofils Cooperative Ltd.. Krishak Bharati Cooperative Ltd. No. 92. Dadar (East). 3 Floor.N. Mumbai – 400014 13. A.201 301(U. National Agril.O. J. ‘Vaikunth’. Anand. Bank Ltd. National Level Cooperative Federations 1.B. National Federation of State Coop.A – 10. Canada Building. National Federation of CooperativeSugar Factories Ltd. New Delhi 110 019 6.7-A. 3rd Floor. Road. Ring Road. No. New Delhi – 110044 . New Delhi – 110 028 10.Block Shopping Complex Naraina Vihar. Baroda) Gujarat 11. Pasta Road.Banks & Credit Societies.. Sarita Vihar. 114. Institutional Area... Spinning Mills Ltd. All India Fedn. 226. National Cooperative Dairy Federation of India Ltd. Sector – 1.P.Commercial Complex. 2nd and 3rd Floor (Near Chitra Cinema).B. Sector – 17.. of Coop.NOIDA . 76. Sidhartha Enclave. New Mumbai 400 703 3. Plot No.. 2nd Floor. National Cooperative Agricultural & RuralDevelopment Banks Federation Ltd.MarketingFederation of India Ltd.. National Cooperative Consumer’sFederation of India Ltd. Indian Farmers Fertilizer Cooperative .388 001(Guj) 5.5th Floor..No.. M. "Takshshila". B-14.) rd 9.Chambers.. 79. National Federation of Urban Coop. Nehru Place. NAFED House. Coop.P.) Nehru Place. Ashram Chowk.. National Federation ofFishermen’s Cooperatives Ltd. Shahpura. 3.3. August Kranti Marg. National Cooperative Housing Federation of India Ltd. Samabaya Bhawan.. Babadia Kalan. 27. Bhopal – 462 039 (M. Karnataka State Coop. New Delhi – 110019 1.. E8/77.. New Delhi – 110049 8. P.Devaraj Urs Road (Race Course Road). Ltd.P. Federation . Mahatma Gandhi Road.P. . Hyderabad – 500001 (A..Dr.P. Orissa State Cooperative Union Ltd.MEMBERSHIP OF PARASTATAL INSTITUTIONS 15 National Dairy Development . Nehru Place.) . Ltd.H.. STATE COOPERATIVE UNION 16 Andhra Pradesh State Coop.(NCUI Building) August Kranti Marg.State Cooperative Union Ltd. The Punjab State Cooperative DevelopmentFederation Ltd. Guwahati – 781007 (Assam) Ltd.Siri Institutional Area. August Kranti Marg. Pune – 411 001 2.Ltd.No. M. National Federation. National Federation of Industrial Cooperative Ltd. 32 D.Siri Institutional Area. B. New Delhi.. Ltd. 3rd Floor. Barooah Road.Budh Marg.Siri Institutional Area...B.6A/6.Marketing Development Fedn.5-9-343. 49.137.16. Ltd.Unit IX. Janpath.Jubilee Building..No. Phase – I Chandigarh – 160002 19 Gujarat State Cooperative 29.of India Ltd. Siri Fort Institutional Area.3. National Heavy Engineering Coop. Tribal Coop. Bhubaneshwar – 751007 (Orissa) 17 Assam State Cooperative Union...) III.Anand – 388001 (Gujarat) 25.110 016 7. Patna – 800 001(Bihar) 28. Bangalore – 560001 (Karnataka) 18 Bihar Cooperative Federation . Board.34. Industrial Area. of Labour Coops.. New Delhi-110 016 3. (2nd Floor) August Kranti Marg. 26. Gunfoundry. Union .No. New Delhi-110 016 II. Rajasthan State Cooperative . U.P.D.‘Sahyog’ Behind Jyoti Sangh. H. .B. Relief Road.) 21 Haryana State Cooperative .Mission Colony) Agartala – 799 003 (Tripura) 34. East Fort.P. Jaipur – 302001 (Rajasthan) 20 J & K Cooperative Union Ltd. Maryadit. Union. . Arundhutinagar (S.P. . No.O. Calcutta – 700012 (W. UnionRajdhani Mini Hall. Lucknow 226 001(U. Ist Floor. Ahmedabad – 380001 (Gujarat) UnionNehru Sahakar Bhawan. Periyar E. Jammu – 180 001(J&K) 30.) 32. West Bengal State Cooperative Union4.411001 (Maharashtra) 31. Chandigarh 22 Kerala State Cooperative . Shimla. Goa Pradesh Rajya Sahakari Sangh Ltd.. Gangadhar Babu Lane.795004 Imphal (Manipur) 24 Tamil Nadu Cooperative Union170.C. Sahakarita Bhavan.. Panaji.V. Swami Vivekanand Road. COOPERATIVE UNIONS OF UNION TERRITORIES .403 001(Goa) . Lamphelpat. 4th Floor.P) 33.Oxford Mission..R. Sector 22-B. IV.171 004(H. Central Block. B..Cooperative Union.J.. High Road. Chennai. Near Dogra Lodge. Thiruvananthapuram – 695023 (Kerala) 23 Maharashtra Rajya Sahahari Sangh . 1050-51.Dayanand Smriti.797112 (Nagaland) 39..P. New Kench’s Trace. Vidhan Sabha Marg. Shillong – 793004 (Meghalaya) 36 Tripura State Cooperative Union.State Cooperative Development Federation Ltd. The Manipur State Cooperative UnionCooperative Complex.Vir Marg. Nagaland State Cooperative UnionDimapur. Ltd. Jammu Tawi.Sahakar Bhavan. Bhawani Singh Road.O.14. Road. Development Federation Ltd.5. Rajdhani Building.IInd Floor. Fort.S. Pune.600010 (Tamil Nadu) 35 Meghalaya State Cooperative Union . ) 51 Karnataka State Cooperative MarketingFederation Ltd..P. Hyderabad – 500 004 (A. P.. Office Complex.B. Bhangagarh.No.Old Station Road.) 43 Assam State Cooperative Marketing and Consusmer Federation Ltd. Naharlagun District – Papumpare.O.. Jaipur 302 001(Raj) 55 U. Bazar. Marketing Union Ltd. Medical College Road.31. Station Road. 7th Floor. No.P. Relief Road..I. UnionPolo Sector. 5-9-58/B.. 19. Basheer Bagh. STATE COOPERATIVE MARKETING SOCIETIES 42 A. 130. Bhawani Singh Road. Chandigarh – 160 022 45 Gujarat State Cooperative MarketingFederation Ltd. Road.37 Arunachal Pradesh Cooperative . State Cooperative MarketingFederation Ltd..110 002 38 Mizoram State Cooperative UnionBara 41. 104. GPO-West Lawn.8. Lucknow (U.P. Madhya Marg. Sector 7-C. Guwahati – 781 005(Assam) 44 Bihar State Coop. Bangalore – 560 052(Karn...P. 54 Rajasthan State Cooperative Marketing Federation Ltd.C. V.P. Andaman and Nicobar State .P...O."MARKFED HOUSE"... Sector 35-B. Aizwal – 796001 (Mizoram) Cooperative Union.C. S. Ahmedabad – 380001 (Gujarat) 46 Haryana State Cooperative Supply & Marketing Federation Ltd. Netaji Subhash Marg. Cunningham Road. Daryaganj. Junglighat – 744 103 (Andaman & Nicobar Island) V.4. No.O. Patna – 800001 (Bihar) 53 Punjab State Cooperative Supply & Marketing Federaion Ltd.32.791110 (Arunachal Pradesh) 40.S. Bhubaneshwar – 751 006(Orissa) .4.Cooperative Federation Ltd. New Delhi. Parishram Bhawan. Sahakar Bhawan. Delhi State Cooperative Union Ltd.) 52 Orissa State Cooperative Marketiing Federation Ltd. R. P. B. Gandhi Nagar. Lumdiegiri.Pan Guwahati 781 001(Assam) Bazar.. Bank LtdTroop Bazar. Ganesh Chandra Avenue. P.B. 6th Floor.B. Cochin – 682020 (Kerala) 49 Maharashtra State Cooperative Marketing Federation Ltd.) 57 Jammu & Kashmir Cooperative Supply &Marketing Federation Ltd. State Cooperative Bank70 Orissa State Cooperative Bank Marg. Bhopal – 462 008(M. Road. Rehari. Bankipur.) Ltd. East Khasi Hills.No.) 48 The Kerala State Cooperative MarketingFederation Ltd. Hyderabad – 500 001 (A..Chandigarh – 160019 47 Tamil Nadu Cooperative Marketing Federation Ltd.180005 ( J & K) 58 Meghalaya State Cooperative Marketing &Consumers Federation Ltd. Shillong – 793002 (Meghalaya) Fort.Ashok Rajpath.Sir Memorial 9. P.B. Mumbai... P.C. No.No.) VI.P. 10. No. Narasi Natha Street. P. Bangalore – 560018 (Karnataka) 61 Bihar . Chennai – 600018 (T. 1854. Apex Ltd. Building. B. Maharashtra Commerce Vithaldas Thackersey. Ltd. 56 West Bengal State Cooperative Marketing Federaiton Ltd. Saint Mary’s Road. STATE COOPERATIVE BANKS 59 Andhra Pradesh State Cooperative68 Maharashtra State Cooperative Bank .. Mumbai – 400009 (Maharashtra) 50 Madhya Pradesh State Cooperative Marketing Federation Ltd.6.. Jahangirabad. Calcutta – 700 013(W. 2024.. Chamarajpet. No. State Cooperative 1.Sachivalaya .. Near Masjid Station. Chamber of Lane. Jammu Tawi. Jammu. Ltd. Kanmoor House. Pampamahakavi Ltd..B..O.Maheshwari Building.No. 5080.B..400023 (Maharashtra) 60 Assam State Cooperative Apex Bank69 Karnataka . 91. 142.N.P.. Bank Road. P. P. Road.– Bhopal – 462 003(M. Ltd. P. B. Waterloo Street. Cooperative No.183 Swami Vivekanand Panaji – 403001 (Goa . Marg...B. Rajya Sahakari Storeyed 315. Chandigarh – 160 017 Bank72 Rajasthan Ltd.T. 174.B.P. . Block No. P. State Cooperative Smriti Bank Building.`Sahakar Bhawan’. NSC No.B..P.) . State Cooperative Bank Ltd. 18 (I-2) Kasumpti Post Mahatma Gandhi Luknow... Square..B.O. Bazar.302.Post Nehru Jaipur – 302003 (Rajasthan) Cooperative Box.N.B.Mahatma Gandh Road.) Bank74 M.P.P... . Ltd.P. Apex Bank .1. Calcutta – 700 069 (W..Patna. Ltd.No.C. Bose Road... 77 Goa . P.S. Bank No. Vikas (Kerala) State Bhavan Cooperative .160017 66 Kerala .P. Bhubaneshwar – 751001 (Orissa) 62 Delhi State Cooperative Bank Ltd. Bank 86.71 Punjab .P.SDA73 U. Shillong – 793 001(Meghalaya) Chennai – 600001 (T.No.24 A. Ltd.O. Bank Bank 51-52 Square. Ltd. Road. T. Bank76 Meghalaya State Coop.226001 (U. 226. Ltd. No.) Bank75 West Bengal State Cooperative Bank Ltd. 17 Cooperative 7.B. Bank Building. Netaji Daryaganj. P... Ltd.No.233.) 65 Haryana .Nagar. Relief Ahmedabad – 380 001(Guj) State Cooperative Subhash Marg. P.Multi Chandigarh.2. Sector State 17-B.. Palayam. Commercial Shimla – 171009 (H.800004 (Bihar) Unit No. Maryadit.P. 6514.COBANK Towers.B.) Ltd.. 695033 Thiruvanathapuram 67 Tamil Nadu State Apex Coop.Dayanand P.O. Bank – Complex.. IV. New Delhi – 110002 63 Gujarat . Sector State No. No. 64 H. State Box Cooperative No.31. B. 695001 Ltd. Chennai – P. Development Post Box. Marg. Avenue.) West Bengal State Coop. Luz Church Mylapore. Agricultural and Rural Development Bank Ltd..) 81. Bhavan. LandDevelopment Chandigarh Bhopal – 462 011(M.489. Orissa State Cooperative Agricultural andRural Development Bank Ltd.Rajya 10. & Bus 1034. 22-B. Sector Haryana No.No. Ltd. Near Nehru – Bridge.56.P. (Maharashtra) Bhubaneshwar – 751 001(Orissa) .Shakespere Calcutta – 700 017(W. Western Block. The Kerala State Cooperative Agricultural88. The Gujarat State Cooperative Agril. Stand 160022 M.. Ltd. GramyaVikas Bank Lucknow – 226 001(U. Budh Patna – 800001 (Bihar) Marg. Zone Vikas Pratap Maharana Ltd.90. (Gujarat) Ahmedabad U.Rajya Sahakari Bhoomi Vikas Bank P. Nagar. Agril. 55. The S. 600004 Road.C.VII. State Bank 1016 Opp. No. Jawaharlal Nehru A/34. 25-D.18. Tamil Nadu Cooperative State Agriculture &89. 380009 Navrangpura.B. Sahakari Mall Krishi Evam Ltd. Chandigarh 160 017 82. Development Bank Ltd. Ltd. & Rural86. Bhavan.. 83. (Kerala) Punjab Bank State Square. – Thiruvananthapuram Bank No.P. Jaipur – 302 006 (Rajasthan) 79. STATE COOPERATIVE AGRICULTURE & RURAL DEVELOPMENT BANKS 78. Rural Development Bank Ltd. Maharashtra 15A.B.. 22 Godam Circle. (T.No... P.) 80. – Cooperative87. Ltd. Rajasthan Rajya Sahakari Bhoomi Vikas Nehru Post Bank Sahakar Box No.B. 609.O. Cooperative Sector 17-B. Ashram Road..P..) Sarani. 56. 38-B.N.P.. andRuralDevelopment Mumbai- Chowpatty. I. Agricultural Development Bank Ltd.. State Morvi 400007 Cooperative Bank Lane...79/80. Bihar State Cooperative Land MortgageBank85. Bhubaneshwar 001(Orissa) Ltd. 1811. Colony.) Road... . 1. Ellisbridge.. P. 751 Consumers Federation P. Mumbai – 400 009 (Mah..I.Maharashtra Grahak Oswal Sheikh No. Cooperative Ltd. M. Patna. Ahmedabad. Hassan Sahakari Bhawan. Fort.) Chinchbunder.380 006(Guj) State Wholesale Coop. STATE COOP. The Karnataka State Cooperative Agril. Tamil Nadu Consumers Federation Arcot Road. Hyderabad – 500 082(A. III. VIII.N.) 92.84. Building. Cooperative Federation Ltd. Principal Marg State Consumers ConsumersFederation Govt.P. . A.B.. 125.Tippu Sultan Palace Post Box No.No. Niwas. CONSUMERS FEDERATIONS 91. The Gujarat State Cooperative100 Orissa ConsumersFederation Near Town Hall.) 93.800 001(Bihar) Consumers Ltd. Ltd. Chennai-600 093(T. Rural Development Bank Ltd. &. Wholesale Cooperative Development Budh Marg.Unit In Front of Sriya Talkies. Bangalore – 560 018(Karn. ‘Hasubhai Chambers. Maharashtra Ltd..29/2.T.State Cooperative98. 2nd Floor. Bihar State Federation of99. Saligramam.Opp.Land Bank..Officers’ Panjagutta. The PJ-59A. 2nd – Stores. Road.S. Akbar Mansion.P.P. Cooperative Federation Mansion. Floor.) 96. of Consumers Cooperative Wholesale Ltd. 1-8-1/B/26 Bengal State Housing Ltd.C.4.Todi 3rd Floor. Opp.O. Rangamahal Cinema.. 22-B. .226 001(U. Hide 3rd Calcutta – 700 073 (W.P. The Punjab State Cooperative103 Haryana State Federation Consumers Ltd.C. Cochin 682 020(Kerala) State Cooperative102 U..O. Cooperative101 Rajasthan Rajya Sahakari Federation Ltd. Sangh Ltd.No.B.Pridarshini New Federation of No.Near... Karnataka Consumers Chamarajpet.. Kerala Consumers Gandhinagar Ernakulam.State Cooperative Federation Ltd. No. Floor. Sector Wholesale No. Road.) Lane..Upbhokta Ltd.Ali Walaquadar Federation Lucknow.94. West Bengal State Consumers104 M. Societies Sundaraih H. Cooperative Federation Vignana Housing112 West Ltd. Kendra...) 95.Pampamahakavi Bangalore 560 018(Karn. HOUSING FINANCE SOCIETIES 105 A. Market. 17 22. E.. Upbhokta Nehru 2nd Jaipur 302 001(Raj) Sahakari Manzil. Sector Chandigarh – 160 022 97. Stores 1006-7.P.. Sahakar Bhawan. . Cooperative Stores Bhawan. Bhopal – 462 003 (M. Chandigarh – 160 017.P-1... Consumers Wholesale Ltd.P. Sangh Ltd.) STATE COOP.S. Floor.. Manimajra.. Nagar. Kalka Chandigarh – 160008 109 Maharashtra .P. Housing Ltd. Sarojani Naidu Marg. 820.P.. Bhopal – 462003 (M.6.) Hyderabad 500 044(A.O.) 106 The Gujarat State Cooperative113 Bihar State Housing Coop. 150-151Sector Chandigarh FinanceSociety Mumbai –400020 (Maharashtra) . Society. Finance Society Societies Ltd. Sahakari Avas Sangh Ltd.B. House 34 Building.P.C.C. 1896.. Ashram Federation Bhawan.P. Jawahar Lal Nehru Marg. Kaloor. S. Ahmedabad – 380 009(Guj) Finance Nirman’.. Ltd. New Cooperative116 U. Housing Vashani 3rd.S. Sahakar Bhavan.) Chambers. State Cooperative114 M. Lines. State Cooperative Ltd.. Cochin. 2nd Floor.) 108 The Punjab State Federation of115 Haryana State Cooperative .P. Marine No. Housing Ltd. NAC.Bagh Lingampally. India Exchange Place Extension.O. Ltd.T.700 073(W. Cooperative 152. P-15. (Bailey Road) Patna – 800 001(Bihar) 107 Kerala ...‘Gruh Road. Lucknow – 226001 (U..B.682017 (Kerala) HousingFederation North T... Road. A.No. Ernakulam. Calcatta.Lalit HousingFederation P. Ltd. State Urban Cooperative Banks & Credit Association 120 Karnataka .. K.Gomes Housing Federation Building. State Urban127 Delhi Urban Cooperative Ltd. Delmon Panaji 403 001(Goa) 119 Maharashtra . Nehru Bhavan. Road.No...Amrut Peth. Bangalore – 560004 (Karnataka) Jaipur. Housing No. (U) Bank Road. Ansari C/o Khattri Coop. 3. Chennai –600007 (T. 132.B. Rao Cooperative Federation 5th 22 & 6th Sahakar Godam Floor. Cooperative Ltd. No.N.. Madhava Society State Housing Ltd.. BanksAssociation Ltd. P. Federation Post No.) Gruh Niwas. Bangalore – 560027 (Karnataka) Daryaganj. Ritherdon Ltd.110 Karnataka . Sahakari Sanstha Ltd. Hotel. 2724. Ltd. BanksFederation.302005 (Rajasthan) 111 Tamil Nadu Cooperative Housing118 Goa . Box 40. New Delhi – 110002 . Circle Federation Dewan Basavangudi. Opp. Rajya Nirman Federation Jathar IX. Road. State Cooperative Finance IIIrd & Floor. No... Akola – 444 005(Mah. 2/42.H.Road. 486.) .. Vepery. State Cooperative117 Rajasthan Ltd... . Chand Lucknow (U. T. Cooperative BanksFederation 3. Ltd. Calcutta.B.. Road.(Bihar)4.462 003 Urban (Ist Box Jai No. M. Mandir. B.700 012(W.. Press. Federation. No.P.. Betva.Ist Pradesh Urban Ltd. Patna (Bihar) and Credit Ltd. Coop.C/o Citizens Urban Opp. Market.) 122 Gujarat . Road.State . Road.B.) Banks129 State Federation of Urban Banks.8. Jalandhar (Punjab) 124 Maharashtra Urban Cooperative131 Kerala Urban Coop.Banks Societies Muradpur. Cooperative Societies. Federation 115.. Urban Coop.G.. Post Near Ashram Ahmedabad – 380 009(Guj) 123 M.Nagar.Ganguly Street. Floor). Banks New Apartment Bhopal. Credit Floor.. Banks . Banks & Credit Societies Federation Ltd. Coop. Circuit Bank Ltd.T. Bhawan.Cooperative Cooperative130 Punjab State Urban Coop. Hind 4071. (Kerala) Ltd.P.121 Federation of West Bengal Urban128 Uttar .119. Thiruvananthapuram Mumbai – 400031 (Maharashtra) ..P. House. BanksFederation Bhartiya NaigaunKrida Wadala Ltd.B. Ganj. Association. 015 (Rajasthan) Credit Ltd. Banks C/o & Postal CreditSocieties Ltd.. XI.) Nagar. 133 M. Sector –I.State Handloom WeaversCoop.Federations (i)Dairy/Milk Marketing Fedns. Societies 17.T antuja Bhawan. Panch Paldi.Shree Complex. .125 The Rajasthan Urban Cooperative132 Haryana State Urban Coop. MarketingFederation Anand – 388 001(Gujarat) B-Block. and Bank RMS Ltd. Amul Cooperative Dairy Milk143 Gujarat Rajya Handloom & Ltd. Near Tax. Sahakari Ltd. Floor. 2nd Floor..Dugdha Mahasangh Sahakari142 W. BanksFederation B-41. Pratap Bhoapl – 462011 (M.. Marg. Road.. Maharana. Near Jain Society Ahmedabad – 380007 (Guj) . Road. Block. 133001 Federation Employees Cooperative Ambala (Haryana) Cantt- Federation Chambers.. 009.Ganesh Bapu Jaipur – 126 Gujarat . Salt Lake City. Calcutta – 700064 (W. Other State Coop.P.P.) 134 Gujarat . Harsidh Income Ashram Ahmedabad – 380 302 State Coop. .19-B.DD No.. Audyogic Federation Swaminarayan Merchant Rasta. Zone – II.B. B. Ist Ltd.SocietyLtd. Mydt.. Nagar...18/4. Udyog Bhawan. Ltd. 64. Bangalore – 560029 (Karnataka) . 139 Orissa . Cooperative Milk145 A. CooperativeSociety Post Box No.. Thiruvananthapuram695001 (Kerala) 136 Kerala . Dairy Federation144 Kerala ..O. Road. D-2.P.Society Bhavan.29.Marigowda Coop.KMF. Narayanguda. Handloom Coop.P.135 Pradeshik Coop... Pattom Palace 695014 Hyderabad – 500029 (A...226 001(U.) 137 Andhra .P.P. Rana ProducersFederation Sahid Bhubaneswar – 751007 Nagar. 12.. Sahakari Sangh Ltd.P. Milk 14 U. ProducersFedn.) . Dr.Milk147 U.) State Handloom Ltd.Handloom Ltd. Thiruvananthapuram Kerala) – Milama Bhavan. M.. Pratap Nagar. MarketingFederation P. East Gandhi Maidan Patna – 800004 (Bihar) Hyderabad –500 017(A. Ltd.. Development Federation Pradesh Dairy146 Bihar Rajya Audhyogik Cooperative.) Silk Coop.J-18/30 Varanasi (U. Park Road.P. Marketing Ltd.Fedn.Cane Ltd.H.8.State Ltd. Lucknow. Salarpura.P. Weavers LtdWeavers 3-5-770. Complex.Lalapet.Coop. Fedn.) 138 Karnataka . Weavers Lucknow – 226001 (U.P. State Cooperative (III)Sugar/Cane Federations Union’s Ltd. H.No. Cooperative Ltd.Bangalore 151 Bihar . (ii) Handloom/Industrial .1. 14 Tamil Nadu Handloom Weavers150 Karnataka State Federation 1. Road. Chennai – 600008 (T.58. . Road. Pondicherry – 605 009 Reclamation Point. EikhotpadakSahakarita Mahasangh Boring Patna – 800001 (Bihar) 152 Gujarat .. of Cooperative Sugar Ist – Street.140 Pondicherry . Pantheon Factories Ltd. Factories.. Cooperative Ltd.I. (4th G. Road. Society Ltd. Khand Fishermen’s Federation P-161/1. Ltd.230. Egmore. Vazhudavoor Kurumampet.) MainTemple 560003 (Karnataka) Malleswaram. Sahyog Prantiya Matsyajivi Ltd. Backbay Nariman 400 021(Mah) Rajya Ltd.. Gandhinagar – 382016 (Gujarat) Calcutta – 700054 (W. Hat. Milk149 Maharashtra No.Sahakar ProducersUnion Sahakari Sakhar Karkhana Plot Block No. Cooperative V.Road..P. Sector-16.3. Plot No.. Floor) Sahakari 274. Road... 11th Floor.. Mumbai- . No.N. State Rajya159 Bihar .. Sangh Bhavan.B. Sangh Mussalahpur Patna – 800006 (Bihar) Federation Sugar of160 West Bengal State Ltd..‘Sardar Bhavan’. Cooperative 350.) . State Cooperative Ltd.Sahakar Road. 132. 155 Karnataka . Ballard Estate.. State Coop. 751012 Spinning Mills Federation Ltd..600097 (T.) Oilseeds GrowersFederation Estate. 2nd Floor. Relief Ahmedabad .S. Bangalore 560 027(Karn. Maidan. Thiru Vi. Federations Cooperative162 Orissa Vakil House. Industrial No. Tower.O.P..Spinning163 Tamil Ltd.. 18th Sprott Road. West Cooperative Federation Biskoman Gandhi Sugar161 Andhra Ltd. Kengal Hanumantahaiah 156 Punjab Cooperative Spinning Mills164 Gujarat State Cooperative . Chennai. Ka.153 Bihar .N. 106-7. No. Factories Floor. Federation Tankbund Pradesh State Ltd. Road. Sector Chandigarh 17 – C. Federation Ltd. CooperativeFishermen’s Patna-800 001 (Bihar) Hyderabad – 500004 (A..C. Mumbai – 400038 (Maharashtra) Oilseeds GrowersFederation FBhubanwshwar (Orissa) – Nayapalli.) (iv) Spinning Mills (vi) Oilseed Growers Federations 154 Maharashtra . Oil Industry Ltd. MillsFederation Road.. Nadu Cooperative Ltd...) 55..4th. Ekkattuthangal. – 380001 Bhavan. ) Sarvodaya (v) Fisheries Federations 158 Maharashtra .P..Cooperative .P. Bhopal (M. Bagh).Rubber .) Marketing Fedn. Banks Association.165 Banks AssociationsMaharashtra State 345. Lala Lajpat Rai Colony. Sahakar Ltd. (vii) State Cooperative Ltd... Mumbai(Maharashtra) – 200 005(U. . Dujara. Road.380001 (Gujarat) MISCELLANEOUS 168 M.) 167 The Gujarat State Cooperative177 Bihar .Raisen Road.. Girgaon.. Patna 800 001(Bihar) Ahmedabad... State Cooperative Bank Tope SahakariSangh Chhatrapati Mandal. Kanpur Spinning Mills Nagar. State Cooperative Press. 15. Estate. State Rural Ltd. (Dilkusha. Ltd.P. Bhavan. 400002 Association Shankarsheth Thakurdwar. BanksAssociation 2nd Relief Floor.P. Apex Nagar. Road. Cooprative Jijaee Banks Ltd. Gandhi Nagar. Cooperative HousingFederation 117-A.P. J.16..No.(Gujarat) 157 U. Cooperative Bank. Shri Rajya Machhimar166 M.178 Kerala State Coop.P. 24.B.C/o M.Ltd.P.P. Federation B-1... Tatya Mumbai – 400001 (Maharashtra) Bhopal – 462003 (M. Shivaji State Ltd. P.P.. No.. Ltd. Shram Evam Nirman .800 006(Bihar) 172 Pragatisheel Prakashan Sahyog182 U.B. State Coop. 688 43. Cooperative Processing and179 Gujarat State Coop.P. Maitri Society.Goel Tower Association. 169 U. Road. Opp.Kaddavanthra Cochin 682 020(Kerala) P. IVth Race Floor. ColdStorage 19-A..0."Gujcot Shrimali Lucknow – 226 001(U. Marg. Sahakari Sangh Ltd. Patna. Near Navrangpura Rly Crossing Ahmedabad 380 009(Guj) 170 Karnataka Cooperative Film and 18 Kerala . Near Jahnvi Restaurant. Lucknow(U.. 21/22. Rajya Shramik Sahyog181 Gujarat State Women Sewa CooperativeFederation Ltd.P.O. Cotton . Lal Bagh.Boring Canal Road. Ahmedabad – 380 015(Guj) Sangh Ltd.. Sangh Ltd.) MarketingFederation 679. Shop No. – Alappuzha 012(Kerala) Bangalore-560 001(Karn. Federation Course Ltd. Vidhan Federation Sabha Ltd. 4616...Baripath..Daya Nidhan Park. Society Mithakhali Road.Coir Ltd. P.) 171 Bihar . FineArts 32. Federation House".No.) Patna – 800 006(Bihar) . May 2nd Floor. Shibaji Fergusson College Pune – 411 004 (Mah..Labour Building. WorkersCooperative Union Ltd. Old Complex. Sangh Rajya Shikshak Kishore Sahyog. Federation .Market Pune – 411 037(Mah. LabourSocieties Federation Ltd. . .800 008 (Bihar) 175 Bihar . .. Patna. . Path. Ltd.. Vegetable-Fruits Processing Mumbai 400 020 174 Bihar State Tanners and Leather. . 915/2. Gultekdi. Corporation . Tribal 2nd Floor. Cooperative Produce Federation Building. Road. State Tribal Development Cooperative Corporations 184 Maharashtra State Cooperative. State Agricultural and Fair Flat Road. Ltd. Sahakari..Brij Patna 800 001(Bihar) 176 Maharashtra State Cooperative. Pratapgarh Yard.. 656-657.) X.. No. Veer Nariman Fruits Ltd. Agra Road.5.) Nagar.Maharashtra Mudranalaya.173 The Premier Cooperative Printers183 Vasantdada . TribalDevelopment Ltd. Road. Arya Bhushan Bhawan. . O. Tribal Ltd. (Kerala) Lalitharamam. No... Vikas . Development Near 001 G. Coop. Tribes State Federation of . . Scheduled Cooperatives Caste& Scheduled Ltd. Bhubaneshwar 751 022(Orissa) Rupali of Orissa . 148. – 800 008(Bihar) Rameshwaram. Ltd.Nasik – 4202002(Mah.) 185 Bihar . Pratapnagar. 187 Corporation . B. Ltd. Ranchi 186 Kerala . . Development Federation Bhavan. Cooperative .DevelopmentCorporation Road.. Square 188 Rajasthan .P. P. Sahid . Trivandrum695 Tribal Development Cooperative. Baraitu Rajya Tribal.. Near Nagar.Janajati Area. Road... Companies Cooperative Ltd.110 014 . P.575 001(Karn. ‘CAMPCO Central Arcanut & Ahmedabad-380 001(Gujarat) Marketing& Cooperative New Delhi. Hari Samachar Ram Nagar. Ltd.1.Udaipur – 313 001 (Rajasthan) XII.Mittal A. Ashram.... Road. Chennai-600 012 & Group Employees Society Colony. Society of the Employees of the Western Railway Bharucha Road.Naoushir Marg. Ist Vidhan Sabha Bank199 The Floor. Coop200 Simpson House.B.Wing Nariman Mumbai-400 021(Mah. Point..No. 3rd 223. TOWERS’ Mission Street.Abad Relief Bank Chambers..) Cooperative Court. Ltd. Cocoa Processing Ltd.Desi Street. Perambur High Road. Multi State Cooperative Societies 189 Cooperative Bank of Ahmedabad198 Jackson Cooperative Credit .. Society. Grant Bombay – 400 007(Mah.) 190 Saraswat .Sri 85. Ltd.) 191 Hindustan . Mangalore. Cuttack.B. Cooperative Credit.380 009(Guj) Mercantile202 The Food Corporation of Ltd. Floor. Ltd.B. Ltd.. Kailash. India Cooperative Sakar-I.12.. 3rd Calcutta.400 027 (Mah. Mumbai.Shramik Link Road. East of New Delhi. Ltd. P. Opp. Ltd. Shankar Mutt Road.. E. Market 133 – Coop.510.. Ltd. EmployeesCooperatives Society 65.. Cotton Federation Ltd.) 193 Madhavpura . Roy 001(Haryana) 195 Indian . Ahmedabad. Centre.. Marg.192 The Food Corporation of India201 All .) .. Employees Society 4. Vihar.700 001(W.N.Super. Street. and Ltd.A 1/245. Coffee Marketing Ist 167. Cooperative Bazar Ambala Bank Cantt Ltd.Credit Society Bhawan. Floor. Station.110 065 196 Central .Bank Market.. Society Paschim New Delhi – 110 063 Ltd. A. Mangoo Lane.M.Thrift Society Sembudoss Madras.408Nehru Bridge.37 Credit C.No.. Joshi By-Culla Railway Tourism Sapna Cooperative KR Puram. Shahibaug Ahmedabad – 380 004(Guj) Road. Hassan – 573 201 (Karn) Railway205 Indian Labour Cooperative Credit.600 001 Cooperative204 Indian Community. India Workers Coop.753012 (Orissa) 194 The Postal and RMS Employees203 The Commercial Employees .Madhavpura. Building.. Coop. 2nd Floor. Marg. .. Ltd. At & Post Aurwad.) Bhartiya Navintam Taknik Avam Nirman.110 016 .416 104 (Mah.197 Indian .Credit 52/1A.Bahu Rajya Sahakari 3. MUMBAI – 400 001 210 Rubber Marketing & Processing. New Delhi. Distt. 11.Credit & Supply Society..Siri August Institutional Kranti Samiti.Siri Area. Kolhapur.. . Cooperative Bank of India Ltd.Shri Parshwanath Building. Banks of Maharashtra & Goa Ltd. Mangalore – 574 001(Karn. Oil Ali Employees Yavar Jung Welfare206 Steel Limited. New Delhi.. Cooperative Ltd.Ballygunge Circular Calcutta Road. National Film and Fine Arts Cooperative 3..) .Sahakari Mahal. Marg.11. 3.Sharda Fort. . Mission Street. Ltd.. Association Cooperative Hamid Calcutta – 700 069 New Delhi 110 016 208 SPY Coop.110 016 209 Apex Cooperative Banks of Urban. Area. Sadan.Shirol.) Employees’Coop. – 5th 700 Floor. 019 207 State . Street. CooperativeSociety Bandra(East) Mumbai 400 051(Mah.August Institutional Kranti Marg. Marg. Society Authority of India Ltd. Area. Tal.Siri August Institutional Kranti Ltd.. Bank Abdul of India Staff Bank.. G-9. Sayed Abdulla Breli Road. 10-4-771/150. . Growers Cooperative.211 Chilly . . Society Ltd.) Tank.D.P. Ovysipura..No. Masab Hyderabad – 500 028(A.