3. types of so- primary cntrl n apex.doc

8/10/2019 3. types of so- primary cntrl n apex.doc

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PRIMARY AGRICULTURAL COOPERATIVE SOCIETY(PACS)

1. PACS IS A FORMAL BODY CREATED BY ITS MEMBERS TO MEETTHEIR EMERGING CREDIT NEEDS .

2. ITS FUNCTIONING IS GUIDED BY THE PRINCIPLES OF

COOPERATION .PRINCIPLES OF COOPERATION:

1 Voluntary and open member !"p2 #emo$rat"$ member $ontrol% &ember E$onom"$ Part"$"pat"on' Autonomy and Independen$e( Edu$at"on) tra"n"n* and "n+ormat"on to member ., Cooperat"on amon* Cooperat"-e .

Con$erned +or Commun"ty./ Members and !s "e#$are are % e &en%ra# % eme '$ PACS .

&E&0ERS IP OF PACS :1. &ember !"p Fee alon* appl"$at"on +or member !"p.2. Pur$!a e at lea t on S ARE OF PACS R . 133 456%. 7"-e deta"l o+ land!old"n* and ot!er "n+ormat"on.'. M!n!m m ** Members re+ !red $'r Re,!s%ra%!'n

'$ NE- PACS .

OB.ECTIVE OF PACS :1. To a e t!e $red"t need o+ member .2. To d" bur e $red"t loan 6%. Re$o-er loan "n talment or "n lump5 um.'. Promote e$onom"$ empo8erment o+ member .(. #epo "t &ob"l"9at"on +rom member and ot!er .

&ANA7E&ENT:#emo$rat"$ et up +or &ana*"n* t!e a++a"r o+ PACS.Ele$t"on Comm" "oner or*an"9e ele$t"on amon* t&ember and 0oad o+ #"re$tor are ele$ted 8!o $ontrol and mana*e t!e PACS.

T ere are members 'n B'ard/


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7ENERAL 0O# :Genera# b'd0 &'ns!s%s '$ a## members/ Ann a# Genera# B'd0 mee%!n, !s e#d $'r

P'#!&0 De&!s!'ns . T8o5t!"rd ma;or"ty de$" "on are taCl"entele. %. Int"mate


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Subm" "on o+ t!e ame to lend"n* ban< +or an$t"on o+ l"m"t ) relea e o+"n talment et$.

2. Subm" "on o+ #ra8l appl"$at"on to lend"n* ban< toFa$"l"tate t"mely d" bur ement o+ $red"t by o$"ety.

%. D!sb rsemen% '$ #'an 'n be a#$ '$ % e s'&!e%0 .7/ E8e& %!'n '$ #'an d'& men%s 'n be a#$ '$ % e s'&!e%0/9/ Iss e '$ demand n'%!&e $'r re&'2er0 '$ #'ans/6. Making arrangements for execution of decrees to facilitate attachment of

properties for recovery of loans in default.. Deposit mobilisation on behalf of the society .

D. I ue o+ re$e"pt +or $a ! re$e"-ed by t!e o$"ety.6/ Sa$e de4's!% '$ &as !n % e s'&!e%0:s ban5 a&&' n% a% % e end '$ ea& da0/

*/ Ma!n%a!n ade+ a%e s%'&5s '$ !n4 %s and !%ems '$ %rade based 'n % e na% re '$ b s!ness nder%a5en and % e needs '$ % e members/

PRO#>CTION ORIENTE# LEN#IN7 S STE& :

) In%r'd &ed b0 RBI !n 611/26 #STC del"berate and +"=e t!e $ale o+ +"nan$e +or $rop *ro8n "n ea$!

#" tr"$t.%6 S&a#es '$ $!nan&e !n des &'s% '$ !n4 %s; #ab' r and '% er &'s%s and

!n4 %s $r'm #and 4re4ara%!'n %!## mar5e%!n, '$ 4r'd &e .'6 PACS assesses % e member


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PRO#>CTION LOANS ot!er t!an A*r"$ulture6 FOROT ER ACTIVITIES:1 ea-er .2 Rural Art" an Carpentery) 0la$< m"t!y) 6% Small bu "ne and Reta"l Trader .' and loom and and"$ra+t Pur e ) Table $o-er) all !an*"n* ) !andba* )

#e$orat"-e "tem ) Carpet et$.6( Ot!er rural er-"$e un"t Ele$tr"$"an) &otor &e$!an"$) 0arber5 aloon)

Ta"lor"n*), Computer Tra"n"n* $entre)

Telep!one 0oot!4P!oto$op"er !op4Fa= ma$!"neD &ob"le !op) &ob"le repa"r) Ca ! $ard re$!ar*e $oupen et$.G Repa"r !op &otor5$y$le) Cy$le) Tra$tor) EPS4#PS et$.6Fa$"l"ty $ould be e"t!er 0lo$< Cap"tal) or orCT>REH Cooperat"-e " a State Sub;e$t) !en$e de$"ded by Cooperat"-e #epartment o+ State 7o-ernment.H Cooperat"-e 0anNITER STR>CT>RE:State Cooperat"-e 0an< 0ran$!e o+ State Coop. 0an<

PACS 0orro8er &ember 6

FE#ERAL STR>CT>RE:State Cooperat"-e 0an<

#" tr"$t Central Cooperat"-e 0an<

0ran$!e o+ #CC0

PACS0orro8er &ember 6

1. 7ENERAL INFOR&ATION A0O>T A #CC0:55

1. DCCB !s a Federa%!'n '$ PACS and '% er C''4era%!2e S'&!e%!es$ n&%!'n!n, !n % e D!s%r!&%.

2. DCCB !s an !n%ermed!ar0 !ns%!% %!'n be%"een a PACS and S%a%e

C''4era%!2e Ban5/%. #CC0 " a Rural #e-elopment In t"tut"on +or #" tr"$t.


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'. #CC0 " one o+ t!e "mplement"n* a*en$y o+ State4Central 7o-ernment.(. S%a%e G'2%/ !s 'ne member %' DCCB; &'n%r!b %!n, 'n S are Ca4!%a#

'$ % e Ban5 $'r !%s de2e#'4men% .

%. &E&0ERS:A6 A## PACS "'r5!n, !n % e D!s%r "$t.

06 All ot!er Pr"mary Cooperat"-e So$"et"e ) u$! a &ar


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%. T!ere are 11 &ember on t!e 0oard o+ #CC0 "n Ra;a t!an6. S"m"larmember are on 0O# "n ot!er State al o.

'. &ember on 0oard are repre ent"n* a under :"6 , &ember repre ent PACS.""6 1 &ember +rom &ar


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S>77ESTIONS FOR I&PROVE&ENT:1. Ra" e $ !eaper depo "t2. Impro-e loan"n* pol"$y.%. Re$o-ery o+ O-erdue loan And redu$e NPA.'. Tra"n"n* to Employee .

(. Re$ru"t ual"+"ed Pro+e "onal .,. Create u++"$"ent pro-" "on +or 0ad K #oubt+ul debt .

. Adopt d"-er "+"ed a$t"-"t"e .D. T!ere !ould be no "nter+eren$e o+ State 7o-t. "n day5to5day a$t"-"t"e and

&ana*ement .CONCL>SION: #CC0 " one o+ t!e "mportant "n t"tut"on 8or


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0OAR# OF #IRECTORS

C AIR&AN

&ANA7IN7 #IRECTOR

C IEF &ANA7ER

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3. types of so- primary cntrl n apex.doc