INDUSTRIAL CO-OPERATIVES
INTRODUCTION
y In 1904 the then British Government passed the Co-
operative Credit Societies Act.
y The object of the Act was to encourage thrift, self-help
and co-operation amongst persons of limited means and increase their productive capacity and financial resources. from co-operative banks and private entrepreneurs.
y Funds for industrial co-operative societies are available
y Government provides subsidies, grants-in-aid and loans
for the purchase of machinery, equipment, raw materials, etc.
DEFINITION
y An industrial co-operative is an association of workers &
craftsmen involved in cottage or village industries, who come together to undertake collective production, processing & marketing of goods manufactured by the members & provide them with the necessary services & assistance.
y It can be defined as µA co-operative organized by workers,
controlled by worker & managed by workers for meeting their common purpose¶.
y Thus, the prime objective of an industrial co-operative is to
benefit the workers socially and economically.
AIMS AND OBJECTIVES
y To develop self-reliance, co-operation and self-
respect among the members.
y To purchase and supply raw materials, tools and
equipments needed by workers. organizations.
y To obtain contacts from the govt. and other
y To purchase machinery and other equipments
required by members and to hire them to the members for quality production.
y To grant advances if needed by member workers
against the securities of raw materials and finished products. products and raw materials.
y To construct take-on-rent godowns for finished
y To undertake all such activities needed for the
welfare and well-being of the member and the society.
HISTORY
y Industries are the drivers of economy of a
country.
y Launch of Swadeshi movement. y Realization for the need of co-operative
organization.
y Thus industrial co-operative was formed.
ROLES
y Requisite facilities by the government.
y Pooling of capital and skill.
TYPES OF INDUSTRIAL CO-OPERATIVES
y Industrial Production Society: y Industrial service co-operative society y Common facility workshop society y Workers co-operatives
y y y y
Community co-operatives Secondary co-operatives Credit unions Workshop Co-operatives
ORGANIZATIONAL STRUCTURE
? National Federation of Industrial Co-operatives. ? National Federation of Specific type of Industrial
Co-operatives.
? State Level Federations. ? Central and Primary Industrial Co-operatives. ? Co-operative Industrial Estates.
BENEFITS OF INDUSTRIAL CO-OPERATIVES
y Employment Opportunities y Training and Knowledge y Marketing of Goods y Higher Standard of Living y Availability of necessary raw material and equipments
at Nominal rates.
PROBLEMS OF INDUSTRIAL CO-OPERATIVES
y Problem of Finance y Problem of Human Resource y Problem of Production y Problem of Marketing y Lack of Member Education y Lack of support from Higher Institution y Lack of loyalty of Members y Lack of proper Planning
KINDS OF INDUSTRIAL COOPERATIVE
Handloom co- operatives
Handicrafts
Oil-crushing
Leather Tanning
Shoe-Making
Carpentry and Black smithy
Ban and Rope Making
Rice Husking & Flour Milling
Sericulture
Pottery
INSTITUTIONAL SUPPORT FOR CO-OPERATIVES
y National Co-operative Development Corporation
(NCDC)
y Khadi And Village Industries Commission (KVIC)
y National Federation Of Industrial Co-operatives
(NFIC)
y National Bank for Agricultural And Rural
Development (NABARD)
CONCLUSION
y The co-operatives had been formed by the masses. y Industrial co-operatives offer an opportunity. y Small scale industries are have a huge potential. y Government has taken steps to form institutions
that give financial support.
Presented By
S.Y.B.M.S. ± A.
y y y y y y y y y
Sujay Biswas6 Vrinda Dhanuka - 11 Vivek Doshi12 Anishi Khetan23 Femisa Limbdiwala- 24 Craig Lobo25 Maitri Mehta27 Nishita Parikh39 Milan Rathod43
doc_912438620.ppt
INTRODUCTION
y In 1904 the then British Government passed the Co-
operative Credit Societies Act.
y The object of the Act was to encourage thrift, self-help
and co-operation amongst persons of limited means and increase their productive capacity and financial resources. from co-operative banks and private entrepreneurs.
y Funds for industrial co-operative societies are available
y Government provides subsidies, grants-in-aid and loans
for the purchase of machinery, equipment, raw materials, etc.
DEFINITION
y An industrial co-operative is an association of workers &
craftsmen involved in cottage or village industries, who come together to undertake collective production, processing & marketing of goods manufactured by the members & provide them with the necessary services & assistance.
y It can be defined as µA co-operative organized by workers,
controlled by worker & managed by workers for meeting their common purpose¶.
y Thus, the prime objective of an industrial co-operative is to
benefit the workers socially and economically.
AIMS AND OBJECTIVES
y To develop self-reliance, co-operation and self-
respect among the members.
y To purchase and supply raw materials, tools and
equipments needed by workers. organizations.
y To obtain contacts from the govt. and other
y To purchase machinery and other equipments
required by members and to hire them to the members for quality production.
y To grant advances if needed by member workers
against the securities of raw materials and finished products. products and raw materials.
y To construct take-on-rent godowns for finished
y To undertake all such activities needed for the
welfare and well-being of the member and the society.
HISTORY
y Industries are the drivers of economy of a
country.
y Launch of Swadeshi movement. y Realization for the need of co-operative
organization.
y Thus industrial co-operative was formed.
ROLES
y Requisite facilities by the government.
y Pooling of capital and skill.
TYPES OF INDUSTRIAL CO-OPERATIVES
y Industrial Production Society: y Industrial service co-operative society y Common facility workshop society y Workers co-operatives
y y y y
Community co-operatives Secondary co-operatives Credit unions Workshop Co-operatives
ORGANIZATIONAL STRUCTURE
? National Federation of Industrial Co-operatives. ? National Federation of Specific type of Industrial
Co-operatives.
? State Level Federations. ? Central and Primary Industrial Co-operatives. ? Co-operative Industrial Estates.
BENEFITS OF INDUSTRIAL CO-OPERATIVES
y Employment Opportunities y Training and Knowledge y Marketing of Goods y Higher Standard of Living y Availability of necessary raw material and equipments
at Nominal rates.
PROBLEMS OF INDUSTRIAL CO-OPERATIVES
y Problem of Finance y Problem of Human Resource y Problem of Production y Problem of Marketing y Lack of Member Education y Lack of support from Higher Institution y Lack of loyalty of Members y Lack of proper Planning
KINDS OF INDUSTRIAL COOPERATIVE
Handloom co- operatives
Handicrafts
Oil-crushing
Leather Tanning
Shoe-Making
Carpentry and Black smithy
Ban and Rope Making
Rice Husking & Flour Milling
Sericulture
Pottery
INSTITUTIONAL SUPPORT FOR CO-OPERATIVES
y National Co-operative Development Corporation
(NCDC)
y Khadi And Village Industries Commission (KVIC)
y National Federation Of Industrial Co-operatives
(NFIC)
y National Bank for Agricultural And Rural
Development (NABARD)
CONCLUSION
y The co-operatives had been formed by the masses. y Industrial co-operatives offer an opportunity. y Small scale industries are have a huge potential. y Government has taken steps to form institutions
that give financial support.
Presented By
S.Y.B.M.S. ± A.
y y y y y y y y y
Sujay Biswas6 Vrinda Dhanuka - 11 Vivek Doshi12 Anishi Khetan23 Femisa Limbdiwala- 24 Craig Lobo25 Maitri Mehta27 Nishita Parikh39 Milan Rathod43
doc_912438620.ppt