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Featured, NCUI
Professionalize PACS to build better world: Dr Dinesh
Despite catering to the needs of nearly one billion people worldwide, cooperatives have failed to elicit matching response from the governments, said Dr Dinesh, Chief Executive of National Cooperative Union of India. Dr Dinesh was, however, unsatisfied with the over-all performance of the cooperatives in India. Our International year of Cooperative pledge reads;“Cooperative enterprises build [...]
Banks, Featured
Nabard Chief bats for cooperative banks
Cooperative banks are at receiving end in the wake of the Cobrapost sting which eposed some top banks involved into money-laundering. Nabard Managing Director Prakash Bakshi has, however, taken up cudgels on their behalf. NABARD said that it has found no shortcoming pointing towards any such activity. “Every year we do an inspection and we [...]
Featured, IFFCO
IFFCO inks Long Term Phosphate Agreement with Brazil’s Vale
The leading cooperative of the country IFFCO has strengthened its commitment for Indian farmers by ensuring long term supply of raw material of Phosphatic Fertilisers. The world’s largest manufacturer and marketer of processed fertilizers in cooperative sector announced the signing of a Long Term Agreement with the Brazilian mining giant Vale SA for the supply [...]
Featured, NCUI
Iffco opposes Education Fund diversion
Over a judicious use of Education Fund, National Cooperative Union of India (NCUI) and the largest farmers’ cooperative IFFCO are once again at loggerheads. The Education Fund Committee that met sometime back diverted a sum of Rs 2 crore for the purpose of renovating the auditorium which hosts most of cooperative as well as non-cooperative [...]
Banks, Featured
Cooperative Agri Bank supports FDI in retail
National cooperative agriculture banks federation (Ncardbf) has come out in support of FDI in the multi-brand retail sector arguing the move would help farmers get better returns as well as enable them to pay bank loans. As the foreign retailers would be in direct contact with farmers getting agricultural products from them , there would [...]
Featured, NAFED
NAFED AGM escapes storm by a whisker
NAFED’s Annual General Meeting at NUCI Auditorium in Delhi on Friday missed a stormy session by a whisker as delegates were prepared to voice their protest on the issue of share capital. In a rarest of the rare cases delegates participating in the meeting forced the withdrawal of Agenda number-3. Agenda number-3 was related to [...]
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Recent News
From States
Panorama of a cooperative meeting in Bihar
Posted on 23 May 2013
A brief account of visit to an informal gathering of cooperative leaders in Patna “He is an avatar of Tapeshwar Babu and conducts the cooperative affairs of the state much like him”, said septuagenarian cooperative leader Rahguvansh Narayan Singh Chairman of Land Development Cooperative Bank. Sitting in an informal dress and thronged by cooperative leaders [...] Continue Reading
Banks
Trouble for Shri Shivaji Sahakari Bank is not over
Posted on 23 May 2013
The apex bank of India RBI has decided to keep the Kolhapur based Urban Cooperative bank “Shri Shivaji Sahkari bank under directions for next six months. In its release the RBI says “It is hereby notified for the information of the public that validity period of directions imposed on Shri Shivaji Sahakari Bank Ltd., Gadhinglaj, [...] Continue Reading
NCUI
NCCT holds program on Financial Management
Posted on 21 May 2013
National Council for Cooperative Training(NCCT) organized Training Programme on Financial Management–Accounting principles and procedures from 20th to 26th May, 2013 at its Head Quarters, New Delhi. The programme was inaugurated by the Dr. A.K. Bhutani IAS, Joint Secretary and Central Registrar Cooperative Societies, Ministry of Agriculture, Govt. of India. Other dignitaries invited for this programme [...] Continue Reading
Fishcofed
Fishcopfed opens its sixth office in Chennai
Posted on 20 May 2013
The apex Fisheries cooperative federation FISHCOPFED has opened its sixth office in Chennai recently. The cooperative federation has been on expansion mode in recent years. Last month it set up a fresh fish shop in New Moti Bagh in N Delhi- an area that has come up offering habitats to the top bureaucrats of the [...] Continue Reading
Laws/Legislations
Odisha Cabinet amends Cooperative Act
Posted on 18 May 2013
Odisha cabinet has decided to scrap the Orissa Self-Help Cooperative Act with a view to bringing all cooperative societies in the state under the single Orissa Cooperative Act 1952. The latter has already been suitably amended so it does not conflict with the 97th constitutional amendment. According to official sources, there were hundreds of self-help [...] Continue Reading
Banks
Erode Co-op bank at forefront of farm-loan disbursal
Posted on 18 May 2013
The Erode district central cooperative bank in Tamil Nadu is high up with its several achievements. It offered Rs 226 crore as crop loan to the local farmers last year. The bank MD said given severe drought conditions prevailing in the state the bank intends rescheduling loans extended to the farmers. The bank functionary claimed [...] Continue Reading
Laws/Legislations
SC penalises cooperative registrar
Posted on 18 May 2013
The 17th Vaikunthbhai Mehta Lecture of National Cooperative Union of India, which was scheduled for Wednesday on 19th September, has been postponed. Talking to the Indian Cooperative NCUI Chief executive Dr Dinesh said that new date would be soon announced. Renowned agriculture scientist and Rajya Sabha member M S Swaminathan had consented to be the [...] Continue Reading
NCUI
NCUI : Vaikunthbhai Mehta Lecture postponed
Posted on 18 September 2012
The 17th Vaikunthbhai Mehta Lecture of National Cooperative Union of India, which was scheduled for Wednesday on 19th September, has been postponed. Talking to the Indian Cooperative NCUI Chief executive Dr Dinesh said that new date would be soon announced. Renowned agriculture scientist and Rajya Sabha member M S Swaminathan had consented to be the [...] Continue Reading
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