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Inviting Suggestions for the proposed New Cooperative Policy
Start Date :
May 27, 2022
Last Date :
Jun 15, 2022
23:45 PM IST (GMT +5.30 Hrs)
Cooperatives are the mainstay of the rural economy ensuring sustainable livelihoods and income for people. There are 8.5 lakh cooperatives in India, out of which 1.77 lakh (about ...
FDI in cooperatives have 2 aspects.
FDI is from genuine source who wish to be part of good cause intended to be done by cooperative.
FDI is from dubious source who want to use cooperative as front face for funding anti social, anti national, terrorism or for religious conversions.
These facts come to light when something wrong happens and investigation agencies dig out the source of money and spending.
The work which is done by investigation agencies later can be incorporated in some back-end software to keep track of money trail and can be made known to agencies before disastrous outcome.
Though, this is really difficult as the fraudsters would make the payment of small amounts instead of big sums to individuals to avoid detection.
Money may be routed through dubious contractors who in turn may make the payments to individuals etc.
In my opinion, views of investigation agencies like NIA, SFO, ED, CBI, Income Tax shall also be taken into this policy
Some people may form cooperatives to collect the money from the people and cheat the people.
Some people may form cooperatives for anti social and anti national activities.
Government shall keep an eye on funding and spending of the cooperative societies.
Chartered Accountants are not honest in checking and reporting the matter rightly. They are there just to make profit and loss accounts and close the matter.
So, all the sources of funding and spending whatever small shall be through on-line mode only.
Any link to foreign funding shall also be tracked. Any foreign investment shall be tracked for hawala dealing.
Government shall promote cooperatives to enhance bargaining power of small artisans, farmers and traders.
Concept of cooperative group housing societies is good. But this is somewhat fading down and people have to buy flats and houses from builders. These builders invariably cheat the buyers. There are chances of scam in very big group housing societies too. So, government can limit the number of members of group housing societies.
Cooperative is a way to develop cooperative attitude for development of rural areas.
1 Farmer should be registered under cooperative to given registration number for each farmer for benefit.
2 Any agriculture activity should be implemented through cooperative.
3 It is a way to develop cottage industry in rural area.
4 A cooperative officer should be appointed for make balance between government and farmer.
5 It is a way to develop rural market through cooperative.
I am Dr.S.Dharmaraj, Faculty Member of Institute of Cooperative Management-Madurai(Under NCCT) and I hereby present my views on NCP.
Thanks.
I am Dr.S.Dharmaraj, Faculty Member of Institute of Cooperative Management-Madurai(Under NCCT) and I hereby present my views on NCP.
Thanks.
Cooperative means to connect people to help him financially and morally both.
1 Panchayat cooperative system should be develop for help farmer and other people related to agriculture.
3 Every village should make committee of atleast ten people to develop their village.
3 cooperative should be funded agriculture based industries for their development.
4 cooperative is a way to fulfill seeds and fertilizer needs of farmer in particular time.
5 cooperative help us to develop agriculture sector for development of village .
I like this policy
What about training education and HR policy?
The PACS should be given better market linkages under the label “Sahakar se Bajar” (cooperative to market).