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Co-operative societies
OC PROJECT
WHAT IS A CO-OPERATIVE SOCIETY??????? MEANING AND DEFINITION QUICK GLANCE ON THE TEXT BOOK NOTES ADDITIONAL INFO. TYPES IMAGES QUESTIONS PLEASE…… CONCLUSION
INDEX………..
WHAT IS A CO-OPERATIVE SOCIETY
???????????????????????????????
MEANING AND DEFINITION
WHENEVER PEOPLE ACHIEVE A GOAL BY WORKING TOGETHER, MUTUALLY, THEY ARE SAID TO BE WORKING IN CO-OPERATION
EVIDENT FROM THE WORD ABOVE……CO-OPERATIVE SOCIETIES ARE FORMED BY PEOPLE WORKING TOGETHER FOR A COMMON GOAL.
MEANING AND DEFINITION
AS PER THE INDIAN CO-OPERATIVE SOCIETIES ACT 1912,
SEC. 4(C) “A SOCIETY WHICH HAS ITS OBJECTIVES OF PROMOTION OF ECONOMIC INTEREST OF ITS MEMBERS IN ACCORDANCE WITH CO-OPERATIVE PRINCIPLES’
MEANING AND DEFINITION
A MEETING
Any group of persons can form a co-operative soceity But they have to act jointly for the benefit of others in
brotherhood. All societies must be formed under co-operative
societies act1912 Formation of such a society requires minimum 10
persons There is no limit on membership…
Co-operative societies
The organization is a legal organization.
Itthe members must have a common goal to serve each other.
They have to contribute capital in the form of share capital by purchasing the shares of the society.
This procedure is adopted to collect capital for themselves.
Co-operative societies
1955 1975 1995 20110
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VILLAGESCITIES
co operative societies
As the members are large in number they cannot effectively look after the management of the firm all together.
In order to manage the firm they create a “MANAGING COMMITEE”.
They take important decisions about management. All the decisions are made after consulting the members
in a general meeting respectively
Co-operative societies
Co-operative owned shops.
Generally a constitution is wedded to the society for placing internal rules regarding the working of the business firm.
It is a part of the government policy to encourage the formation of such societies.
Several subsidies and allowances are thus given to the firm as and when there is any decision taken.
Co-operative societies
HOWEVER THEY HAVE TO APPLY FOR REGISTRATION WITH THE REGISTRAR BY THE FOLLOWING METHODICAL
PROCEDURELIST OF THEIR MEMBERS AND THEIR ADDRESSES
2. NAMES AND OBJECTIVES WHY THE FIRM IS FORMED.3. COLLECTION OF FUNDS
4. OFFICE BEARERS AS MANAGING COMMITTEE AND THEIR POWERS.
5. ADMISSION AND RETIREMENT OF MEMBERS.
co operative societies
OUTSIDE THE ,”REGISTRAR OF CO-OPERATIVE SOCIETIES”.
Types………. Co-operative banks
Co-operative housing society
Co-operative stores
Co-operative organizations.
co operative societies
Co-operative banks are formed on a co-operative basis They are not formed with a profit earning motive They provide loans to farmers
At cheap and subsidized rates to the public
Following are a few co-operative banks in our Nashik district
Co -operative banks
THE SHAMRAO VITTHAL CO-OPERATIVE BANK GODAVARI URBAN CO-OPERATIVE BANK LIMITED VYAPARI BANK NASHIK ROAD DEOLALI VYAPARI CO-OPERATIVE
BANK LIMITED.
THE NASHIK MERCHANTS BANK LIMITED
AND MORE………….
co operative societies
co operative societies
VISHWAS CO-OPERATIVE BANK BANK
MEETING- A CLIP ART…….
WHERE PEOPLE JOINTLY COME TO THE SOLLUTIONS FOR A CRISIS IN AN ORGANISED MANNNER.
PICTURE OF NON CO-OPERATIVE ORGANIZATIONAL BANKS
-CITI BANK
IN ORDER TO PROMOTE CO-OPERATIVE SOCIETIES IN AN AREA , GENERALLY CO-OPERATIVE MOVEMENTS ARE UNDERTAKEN IN MANY STATES OF INDIA IN ORDER TO PROMOTE THIS TYPE OF SOCIETIES.
ONE SUCH GREAT MOVEMENT IS THE” CO-OPERATIVE SOCIETIES MOVEMENT ‘, IN NAGALAND –
(EAST INDIA)
CO-OPERATIVE MOVEMENTS
A SOCIETY OVERCOMING THE BARRIERS OF THE FAILURES OF THE GOVERNMENT OF A PARTICULAR AREA WITH A SERVICE
MOTTO
NAGALAND’S MOST PREFERED.
LIKE A FIRM THERE ARE ALSO CO-OPERATIVE STORE WHO WORK ON A CO-OPERATIVE BASIS
THEIR MAIN AIM IS TO PROVIDE SERVICE TO THE SOCIETY
THEY HAVE THE MOTTO OF SERVICE BEFORE SELF
THEY ALSO FOLLOW “ONE FOR ALL, AND ALL FOR EACH’.
THEY TEND TO CREATE A FEELING OF BROTHERHOOD IN THE SOCIETY AND NATION
STORES
BESIDES THIS THEY ALSO ACCEPT ONLY CASH
THEY DO NOT ACCEPT ANY CREDIT CARDS FOR ANY TRANSACTION AS THEY ARE FIRM IN M,AKING ONLY CASH SALES…….IN ORDER TO AVOID CREDIT TRANSACTIONS.
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STORES
STORE
LIKE CO-OPERATIVE SOCIETIES THERE ALL ALSO THE SO CALLED CO COPERATIVE HOUSING SOCIETIES
HERE ALL PEOPLE LIVE IN PEACE AND HARMONY WITH EACH OTHER
IF ANY WORK IS PENDING OR TENDS TO BE SOLVED AS SOON AS POSSIBLE, THESE SOCIETY MEMBERS JOINTLY FIND A SOLUTION FOR IT.
HOUSING SOCIETIES
HOUSING SOCIETIES
HOUSING SOCIETIES
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9 This chart shows us the rise of housing societies in the states capital cities, towns, villages, etc
A CO-OPERATIVE CLOTH MANUFACTURING FIRM.
HDFC BANK- A CORPORATE BANK-PROFIT EARNING MOTIVE
How? Why? When? What? And
Any thing in general…………………………………..
Questions please?????????
WHENEVER PEOPLE ACHIEVE A GOAL BY WORKING TOGETHER, MUTUALLY, THEY ARE SAID TO BE WORKING IN CO-OPERATION
EVIDENT FROM THE WORD ABOVE……CO-OPERATIVE SOCIETIES ARE FORMED BY PEOPLE WORKING TOGETHER FOR A COMMON GOAL.
SEC. 4(C) “A SOCIETY WHICH HAS ITS OBJECTIVES OF PROMOTION OF ECONOMIC INTEREST OF ITS MEMBERS IN ACCORDANCE WITH CO-OPERATIVE PRINCIPLES
Summary
THANK YOU
HOPE YOU DID FIND THE PRESENTATION ATTTRACTIVE AND
BENEFICIAL…….
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