“We have to put our best foot forward” was the theme of speech NCUI President Dr Chandra Pal Singh Yadav made on the eve of NCUI’s AGM that took place in NCUI auditorium in N Delhi on Thursday.
The AGM was held in a critical time when the world is celebrating International Year of Cooperative on one hand, NCUI is bleeding from within on the other. The problem of shortage of fund has escalated to alarming level for the apex organization.
Speaking on the occasion Mr Yadav impressed on the need to make most of the opportunities thrown by the IYC 2012. Lauding Indian cooperative movement as the biggest in the world he said that effort to reach out to the last man is being made this year.
Films, exhibitions, seminars and various other means of publicity are being organized to celebrate International Year of Cooperative, he said. He also applauded the constitutional amendment which raised the act of forming cooperatives to the status of Fundamental Rights.
The AGM was attended by delegates who had come from various parts of the country as well as members of governing council. However, the number of participants failed to fill up the auditorium. Communication gap was cited as the reason behind shortfall in number.
General Body also made a renewed appeal to government for release of fund as its various field projects are languishing with staffs facing untold miseries. The usual business of passing the accounts of past and next year was completed in the AGM.
June 26th, 2012 at 22:11
I request the National Co-operative Federation to take up the cause of 3000+ depositors of the now defunct South Indian Co-operative Bank Limited, Mumbai, which was merged with the country’s largest co-operative bank Saraswsat Co-op Bank Limited. The same bank has during the same period when the said bank was taken over, merged six other c0-op banks and the depositors of all those banks received their dues fully. What is worrying is that Saraswat is now trying to transform into private bank and is sure of RBI approval. Before they do that, I pray that they be directed to pay fully the balance deposits to depositors of the erstwhile South Indian Co-op Bank Limited.
July 3rd, 2012 at 20:13
not a single woman on the stage!