Society

G H Amin, the Vice-President of National Cooperative Union of India celebrated his 65th birthday in Ahmadabad with a big show where biggies of the cooperatives assembled to wish him happy birthday. ‘Since it was my 65th birthday my family decided to celebrate it on slightly larger scale. Also since I did not celebrate my 60th birthday in any conspicuous manner everybody insisted on having a gala party this time”, Mr Amin shared with Indiancooperative.com. The birthday party attracted ...

As they work to improve their performance, cooperative organizations are facing two major needs: a clarification of their definition, and evaluation criteria that are compatible with their characteristics and diverse nature. Such was the consensus of the speakers, panellists, and attendees of the European Research Institute on Cooperative and Social Enterprises (Euricse) conference held on March 15 and 16 in Venice, Italy. In addition to the drafting of an appeal to the European Union ...

RBI’s scanner has zeroed in on many urban cooperative banks in Gujarat. Even while the ghost of Madhavpura Mercantile bank refuses to be vanquished, other UCBs are not making it easy for the apex bank. This week only three urban cooperative banks of the state have come under the scanner of Reserve Bank of India. They have been penalized for not adhering to the norms of RBI-a regimen which prevents UCBs from going Madhavpura Mercantile bank way. Siddhi Cooperative bank of Ahmadabad has ...

Mr Prakash Lonare, President, National Federation of Fishermen’s Cooperatives Ltd.(FISHCOPFED) to visit Korea on the eve of 50th anniversary of the establishment of Korea National Federation of Fisheries Cooperatives. Mr. Lonare has been invited to the event for the celebrations. He would also give an expert view on the  progress of Fishcopfed. The event would start on 2nd April and would culminate on 4th April in Seoul, Korea. In 1962, Korea National Federation of Fishermen’s ...

Buoyed up by a joy of winning the Mansa assembly by-election in Gujarat, the congress Party has begun waging virtually a psychological warfare against its rival the Modi led BJP in the state. As if on elections winning spree, the congress party has had a cakewalk in a recent poll for Gujarat’s Junagarh district Cooperative Bank. The congress annexed 17 out of 22 seats on the board of directors. The coming of this electoral triumph on the heels of the party’s win in the Mansa ...

The Raise the Bar, Hershey! coalition, which has generated over 100,000 letters urging The Hershey Company (NYSE: HSY) to commit to buying cocoa produced without forced child labor, launched an Easter petition drive today getting thousands to tell Hershey and Cadbury they want Fair Trade chocolate options for the holiday. The petition to Hershey and Kraft/Cadbury is live at:http://www.greenamerica.org/takeaction/hersheycadbury/ More about the Easter campaign

The focus on cooperatives in the International year (IYC 2012) is throwing some truly people-oriented cooperatives which are in existence without governmental support. They are functioning due to the sheer grit of some individuals. Didi bank is one of them. A self-help group and situated in Jharkhand Didi bank is getting popular with people. The initiative surfaced for the first time in a village in Singhbhum district of the state. The goal of the Didi Bank is to help poor women stand on their ...

Madhavpura  Mercantile Bank in Gujarat  is yet again in trouble. The Reserve Bank of India issued  a notice to the bank  threatening to cancel its license as it has  not done enough to recover  dues  adding up to more than a thousand crore. The RBI is not happy about the way the present management of the bank is handling things. The dues have accumulated and they need to be recovered immediately. The RBI has asked the bank to improve its performance inside of a month or face the ...

Collection and pasteurization of camel milk will soon be starting in Gujarat. There is information that several cooperatives including the dairy major GCMMF have offered to do this unconventional dairy business. According to informed sources, Kutch district will be developed as the center of the business and efforts will be made to motivate camel farmers to lend their support to the experiment. A campaign will soon be launched to explain to the people the economic and medicinal advantages of ...