Make in India
Make in India
Make in India
need for the formation of other type of societies including federal societies, the
Cooperative Societies Act, 1912 was enacted. The Government of India through
the Cooperative Societies Act, 1919 transferred the subject of Cooperative
Societies to the then provincial governments and subsequently the provincial
governments enacted their own Cooperative Societies Acts to promote growth of
the cooperatives. The status of Cooperative Societies as a provincial subject was
maintained in the Cooperative Societies Act, 1935.
To facilitate the organization and functioning of the cooperative societies having
jurisdiction in more than one province, the Government of India enacted MultiUnit Cooperative Societies Act, 1942. The Act of 1942 was repealed by the
enactment of Multi-State Cooperative Societies Act, 1984 which has since been
replaced by the Multi State Cooperative Societies Act, 2002.
In the pre-independence era, the policy of the Government by and large was
of laissez faire towards the cooperatives and the Government did not encourage an
active role for their promotion and development. After independence in the year
1947, the advent of planned economic development ushered in a new era for the
cooperatives.
The cooperative movement in our country has witnessed substantial growth in
many diverse areas of the economy. With a network of about 6.10 lakh cooperative
societies and a membership of about 249.20 million, the cooperative movement in
India has emerged as one of the largest in the world. The agricultural credit
advanced through cooperatives recorded a sizeable increase from a meagre Rs.
214.35 crore in 1960-61 to Rs. 86185 crore in 2011-12 with about 17% share in
total institutional agricultural credit. The share of cooperatives in fertilizer
distribution is 36% and in sugar production nearly 39.7%. The cooperatives also
make procurement of wheat at 24.8%. The handlooms contribute 54% and 20.3%
of the retail fair price shops are in the cooperative sector. The cooperative sector
provides direct and self-employment to about 17.80 million people in the country
and playing a significant role in improving the socio-economic conditions of the
weaker sections of society through cooperatives in fisheries, labour, handloom
sectors and women cooperatives. Dairy cooperatives through White Revolution
have enabled the country to achieve self-sufficiency in milk production. Housing
cooperatives are contributing to the construction of housing units for economically
weaker sections and low income groups at affordable rates. Through fair price
shops, cooperatives are supplying essential commodities to the weaker sections of
society at concessional rates. Thus the cooperatives are contributing substantially
in our efforts for achieving inclusive development.
It has however been experienced that in spite of considerable numerical expansion
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National Cooperative Union of India (NCUI) celebrates All India Cooperative Week
every year from 14th 20th November. The week-long celebrations provide
opportunities for reviewing achievements, challenges and formulating action
programmes for cooperative development. The theme of this years celebration is
Make in India Through Cooperatives.
The commencement of the cooperative week coincides with the birthday of the first
Prime Minister Jawaharlal Nehru who was a great visionary and an ardent supporter
of the cooperative movement. The basic objective of celebrating the event is to
highlight the achievements of the cooperative sector across the country so as to
create a favourable public opinion about the cooperative sector, reads a press
release from the apex body.
Union minister of state for agriculture and farmers welfare, Government of India Mr
Mohan Bhai Kundariya is slated to inaugurate the function on Saturday in the NCUI
Auditorium in Delhi.
The function will be attended by representatives of cooperative organizations,
international cooperative organizations, Government of India, representatives of
NCDC, RBI, NABARD, Farmers Organisations, ICA, ILO and members of the NCUI
Governing Council.
Cooperatives In India
The cooperative movement in India has its origin in agriculture and allied sectors. The
first Cooperative Credit Societies Act was enacted in 1904.Subsequently a more
comprehensive legislation called the Cooperative Societies Act was enacted. This Act
provided for the creation of the post of registrar of cooperative societies and registration
of cooperative societies for various purposes and audit. Under the Montague- Chelmsford
Reforms of 1919 cooperation became a provincial subject and provinces were authorized
to make their own cooperative laws. Under the Government of India Act 1935
cooperatives were treated as a provincial subject. The 'Cooperative Societies' is a state
subject under entry No 32 of the State List of the Constitution of India.
In order to cover cooperative societies with membership from more than one province,
the Government of India enacted the Multi-Unit Cooperative Societies Act 1942.This Act
dealt with incorporation and winding up of cooperative societies having jurisdiction in
more than one province. A need was felt for a comprehensive Central legislation to
consolidate laws governing cooperative societies. This led to the enactment of Multi-
State Cooperative Societies Act 1984 by the Parliament under Entry No 44 of the Union
List of the Constitution of India.
After Independence, cooperatives assumed a great significance in poverty removal and
faster socio-economic growth. They became an integral part of the Five Year Plans. As a
result they emerged as a distinct segment in Indian economy. In the First Year Plan it
was specifically stated that the success of the Plan would be judged among other things,
by the extent it was implemented through cooperative organizations.
In 1958 the National Development Council (NDC) had recommended a national policy on
cooperatives. The cooperative sector has been playing a distinct and significant role in
the country's process of socio-economic development. There has been a substantial
growth of this sector in diverse areas of the economy during the past few decades. The
number of all types of cooperatives increased from 1.81 lakh in 1950-51 to 4.53 lakh in
1996-97.The total membership of cooperative societies increased from 1.55 crore to
20.45 crore in the same period. The cooperatives have been operating in various areas
of the economy such as credit, production, processing, marketing, input distribution,
housing, dairying and textiles. In some of the areas of their activities like dairying, urban
banking and housing, sugar and handlooms, the cooperatives have achieved success to
an extent but there are larger areas where they have not been so successful.
The failure of cooperatives can be attributed to dormant membership and lack of active
participation of members in the management of cooperatives. Mounting over dues in
cooperative credit institutions, lack of mobilization of internal resources and over
dependence on government assistance, lack of professional management, bureaucratic
control and interference in the management, political interference and over-politicization
have proved harmful to their growth. These are the areas which need to be attended to
by evolving suitable legislative and policy support.
For the success of any developmental effort in the agricultural sector is to synergize with
the efforts in the cooperative sector. Development of cooperative sector has many
benefits. It will involve all sections of the society in development efforts. Cooperative
sector of Indian economy has a spiritual content too when it was led by Vinoba
Bhave.Cooperative sector has inbuilt democracy and only those who can demonstrate
their commitment and efficiency can survive in the cooperative elections. Nowadays
most of the financial institutions in the cooperative sector are also run on purely
commercial basis. It is here that the State intervention can make the difference. The
grant, subsidies and aid meant for the poor farmers must be channeled through the
cooperative sector. Once there are enough resources in the sector in terms of money
there will be increased participation by the people and will result in the all round
development of the village.
Panchayat Raj institutions and cooperative sector can bring about positive change in the
rural areas. Cooperatives have extended across the entire country and there are
currently estimated 230 million members nationwide. The cooperative credit system has
the largest network in the world and cooperatives have advanced more credit in the
Indian agricultural sector than commercial banks. In fertilizer production and distribution
the Indian Fertilizer Cooperative commands over 35% of the market. In the production
of sugar the cooperative share of the market is over 58% and in cotton they have share
of 60%.The cooperative sector accounts for 55% of the looms in the hand-weaving
sector.
Cooperative process, market and distribute 50% of the edible oil. Dairy cooperative
operating under the leadership of the National Dairy Development Board and through 15
state cooperative milk marketing federations as now become the largest producer of
milk. With the rapid growth of the cooperative sector a supportive climate has been
created for the development of cooperatives with the opportunities for diversification.
With the efforts of National Cooperative Union of India the Central Government passed
the Multi State Cooperatives Societies Act and also formulated a national cooperative
policy that provides greater autonomy to cooperatives. With the passage of the
Insurance Act, cooperatives have been allowed to enter into the insurance business.
Insurance is a field where the immense potential of cooperatives still remains untapped.
In the new economic environment cooperatives at all levels are making efforts to
reorient their functions according to the market demands.
Cooperatives are also considered to have immense potential to deliver goods and
services in areas where both the state and the private sector have failed.
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(Made in India)
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25 2014
Make in india
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Make in India campaign was launched in new Delhi by the Prime Minister Narendra Modi on
25thof September in 2014. It is an initiative to make a call to the top business investors all across
the world (national or international) to invest in India. It is a big opportunity to all the investors to
set up their business (manufacturing, textiles, automobiles, production, retail, chemicals, IT,
ports, pharmaceuticals, hospitality, tourism, wellness, railways, leather, etc) in any field in the
country. This attractive plan has resourceful proposals for the foreign companies to set up
manufacturing powerhouses in India.
Make in India campaign launched by the Indian government focuses on building the effective
physical infrastructure as well as improving the market of digital network in the country to make it
a global hub for business (ranging from satellites to submarines, cars to softwares,
pharmaceuticals to ports, paper to power, etc). The symbol (derived from national emblem of
India) of this initiative is a giant lion having many wheels (indicates peaceful progress and way to
the vibrant future). A giant walking lion with many wheels indicates the courage, strength, tenacity
and wisdom. The page of Make In India on the Facebook has crossed more than 120K likes and
its twitter followers are more than 13K within few months of launching date.
This national program is designed to transform the country into a global business hub as it
contains attractive proposals for top local and foreign companies. This campaign focuses on
creating number of valuable and honored jobs as well as skill enhancement in almost 25 sectors
for improving the status of youths of the country. The sectors involved are automobiles,
chemicals, IT & BPM, aviation, pharmaceuticals, construction, electrical machinery, food
processing, defense manufacturing, space, textiles, garments, ports, leather, media and
entertainment, wellness, mining, tourism and hospitality, railways, automobile components,
renewable energy, mining, bio-technology, roads and highways, electronics systems and thermal
power.
The successful implementation of this plan will help in the 100 smart cities project and affordable
housing in India. The main objective is to ensure solid growth and valuable employment creation
in the country with the help of top investors. It will benefit both parties, the investors and our
country. The government of India has created a dedicated help team and an online portal
(makeinindia.com) for the easy and effective communication of investors. A dedicated cell is
committed to answer all the queries from business entities anytime.