working together In other words working together by mutual understanding which is registered and has a legal entity a body of coporates and having the rights
Four Basic Principles
Kula Gram Sreni Jati System of Tagavi
Word Co-operation is derived from latin
word Co-operative meaning working together Definition Ho Calvert
Co-operation is a form of organisation in which
persons voluntarily associate together as
human
beings on the basis of equality for the
promotion
of economic interest of themselves
Objectives Members should work in spirit of co- operation Both producers and consumers should feel satisfied There should be equality in all respect There should be no exploitation Members should be zealous to work There should be no polticial influence There should be no loss of initiative Capital should be not allowed to be dominated Rochdale Principles In 1997, ICA declared the following principles as Rochdale Principles: 1. Main Principles 2. Secondary Principles - Open and voluntary membership - Equal rights to all irrespective of cast, religion etc. - Limited interest on capital - Neutrality in political and religious matters - Democratic management - Cash transaction - Cooperation among cooperators - Limited responsibility - Cooperative education - Publicity and propaganda - Distribution of surplus - Thrift and Savings Secondary principles Equal rights Cash Transactions Neutrality in political & religious matters Service motive human service Limited responsibility Publicity and Propaganda Reiffeisen Principles In order to provide relief to agricultural workers in Germany, Reffeisen started agricultural societies in 1862. He proposed the following principles: 1. All should be accepted as a member 2. Members should be on voluntary services 3. Assistance should be given to members 4. Liability should be limited 5. Area of operation should be limited 6. Should follow the principle of self-help 7. Surpluses should be used for services Latest Principles Voluntary & Open Membership Democratic Management Members Contribution Autonomy & Independence Education, Training & Information Co-operation among Co-operatives Concern for community Co-operative Movement Voluntary movement of the people carried out democratically by pooling together their resources or carrying on the given activity with the purpose of achieving or securing certain benefits or advantages which given to the people cannot get individually and with the purpose of promoting certain virtue and values such as self help, mutual help, self respect & self reliance & general good for all Features Voluntary Membership Democratic Management Achievement of desired goods Self Help Mutual Help General good of the society Objectives Service to the people Equal distribution of income and wealth Monolpoly in control Increasing income of the people and thereby improving their economic condition Reduction in cost of production Elimination of unfair trade practices Protection of Consumers Equality among the people Self help and mutual help Promote educative value Development of certain economic activities Prevention of exploitation of working calss people TYPES OF CO-OPERATIVE SOCIETIES Various types of Co-ops under section 2 of Maharashtra Co-operative Societies Act are:
1. Apex Society
2. Federal Society E.g. Maharashtra State Co-operative
Union.
3. Society with Limited Liability: Liability of its members
is limited by its by-laws.
4. Society with Unlimited Liability: Liability of members
extends beyond their shares. 5. Agricultural Marketing Society: Atleast three-forth of its members is agriculturist and its objectives are the marketing of agricultural products.
6. Credit Co-operative: It Engage mainly
in the disbursement of credit to their members. E.g. Agricultural Credit Thrift. 7. Consumer Co-operative Society:
8. Co-operative Bank: E.g. Janakalyan Sahakari Bank
Ltd. Saraswat Co-operative Bank Ltd.
9. Housing SocietyIndustrial Co-operative:. E.g.
Leather co- operative.
11. Dairy Co-operatives: Milk producers at the village