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The Cooperative Credit Societies Act, 1904 enabled formation of cooperatives for supplying to farmers cheap credit and protect them from exploitation in the hands of the moneylenders. The cooperative act 1912 expanded the sphere of cooperation and provided for supervision by central organisation.
Indian Farmers Fertiliser Cooperative Limited (IFFCO) was registered on November 3, 1967, as a Multi-Unit Co-operative Society. On the enactment of the Multistate Co-operative Societies Act 2002, the Society is deemed to be registered as a Multistate Co-operative Society. The Society is primarily engaged in production and distribution of ...
Abdul Qadir to frame the by-laws and to carry out other necessary work associated with the formation of the society. As a result, The Cooperative Model Town Society Limited was formed and subsequently registered under the Cooperative Societies Act II of 1912 in 1924. The principle aims of the Society were:
The AOS was registered in April 1901 as a non-party and non-trading body whose main purpose was to ‘secure the co-operation of all connected with the land, whether as owners, occupiers or labourers, and to promote the formation of agricultural co-operative societies for the purchase of requisites, for the sale of produce, for agricultural credit banking and insurance, and for all other forms ...
In urban areas, they mainly serve to small industry and self-employed workers. They are registered under the Cooperative Societies Act, 1912. They are regulated by the Reserve Bank of India under the Banking Regulation Act, 1949 and Banking Laws (Application to Cooperative Societies) Act, 1965. [13]
Cooperative Societies only became legal in Britain after the passing of Slaney's Act in 1852. In 1865 there were 651 registered societies with a total membership of well over 200,000. In 1865 there were 651 registered societies with a total membership of well over 200,000.
The Co-operative Group formed gradually over 140 years from the merger of many independent retail societies, and their wholesale societies and federations. In 1863, twenty years after the Rochdale Pioneers opened their co-operative, the North of England Co-operative Society was launched by 300 individual co-ops across Yorkshire and Lancashire ...
It is registered under Multi State Co-operative Societies Act. [3] Headquarters in New Delhi, NAFED has four regional offices at Delhi, Mumbai, Chennai and Kolkata, apart from 28 zonal offices. NAFED is the nodal agency to implement price stabilization measures under Operation Greens [4] which aims to double the farmers' income by 2022. [5]