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

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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

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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

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HOPE YOU DID FIND THE PRESENTATION ATTTRACTIVE AND

BENEFICIAL…….