It is indeed heartening to hear success story of a cooperative banks amidst news of default and penalties from most of them. Manapparai Town Cooperative Bank offers some solace.
A Reserve Bank of India team has pronounced Manapparai Town Cooperative...
The govt. of India has put more sugar for sale through PDSs and open market during the July-Sept quartet than it did in the in the
same period earlier. The total amount of sugar released for sale works out to about 5 million tonnes. The April-June...
In a move that may gladden the urban cooperative banking sector, RBI has decided to allow UCBs to declare their dividends without a nod from the apex bank if they have NPAs within control and show compliance with CRWAR norms.
According to RBI...
The UN Secretary General, Ban Ki-moon marked the International Day of Co-operatives by issuing an official message to co-operators across the world:
“In this International Day of Co-operatives we celebrate how co-operatives build a better world, by...
Deepak Sharma, Jharkhand
Respected I.C.Naik
I am a practicing CA from Jharkhand. I have gone through the 97th Constitutional amendment more specifically about the accounts and Audit. The freedom has been given to Co-op to appoint auditor in their...
Ravi Nitesh, New Delhi
At the time when capitalist are trying to take over the market without considering about environment and sustainable development methods, there is a need to provide support to cooperatives and to train, educate and empower the...
Rajasthan Chief Minister Ashok Gehlot has announced that the cooperative societies and institutions doing excellent work in the state would be formally appreciated.
An official function would be organised at the state level where they would be...
Yet again an attempt was made to loot a cooperative bank in Dindigul in TamilNadu. However, the criminals had no success as the local people got alerted and caught one of them. The criminal was handed over to them by the local people, police...
In a scathing comment on the cooperative sector in Maharasthra,Chief Minister Prithviraj Chavan has said most of the urban credit cooperative societies in the state are fake and they deserve to be punished. His govt. is seriously thinking of...
Punjab Chief Minister has announced that Punjab would soon have the state of the art institute of dairy farming located in Mohali. The research facility would be established in collaboration with a leading dairy farm from Israel. Chief Minister P.S...
Adulterated milk has recently been the subject of national conversation. There have been reports of even major milk companies selling adulterated milk on the market. It is against a background of growing public suspicion of adulteration that milk...
