Letter to Hon. Amit bhai Shah, MoC
July 9, 2021
2. The various kinds of cooperatives in India include consumers’ cooperative societies, which seek to protect the interest of general consumers by making goods available at reasonable rates. These cooperatives, of which Kendriya Bhandar, Apna Bazar and Sahakari Bhandar, are prominent examples.
3. Then there are producers’ cooperative societies that protect the interest of small producers by enabling access to raw materials, tools and equipment, machinery, etc. Handloom societies like APPCO, Bayanika, Haryana Handloom, etc., are examples of producers’ co-operative societies.
4. Among other types of cooperatives are cooperative credit societies, which accept deposits from members and grant them loans at reasonable rates, and cooperative farming societies, which are formed by small farmers to work jointly and thereby enjoy the benefits of large-scale farming, and cooperative housing societies - these are most common feature in all the Urban cities of the country.
Sir, though the cooperative sector ranges from different fields - Producers, Marketing, Finance to Housing societies, we find that the Cooperation Act and subsequent rules which govern the sector is one and all these diverse segments are clubbed together.
This often leads to confusion as, for example, the needs and requirements of a Cooperative Credit Society and a Cooperative Housing Society are totally different.
The need of the hour is to create different chapters for each cooperative activity and centrally devise the guiding principles of each activity and amend the state laws accordingly.
We request you to look into this aspect immediately and oblige.
Regards,
Dayanand Nene [8879528575]
• BJP Mumbai
• President, Sahakarsutra
Shri Amitbhai Shah,
Union Minister for Home and Cooperation,
Govt of India
New Delhi.
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