TSCooperation

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The Department of Cooperation had played a prominent role in the functioning of the Cooperative Societies in the State. In the emerging environment, the policy of the Government has been to regulate and not to control and direct the Cooperative Societies through the enactment of Legislation. Creating a conducive climate for growth of Cooperatives is another avowed policy of the present day Government. There are two Acts in existence pertaining to the regulation of the Cooperatives-one is the Telangana Cooperative Societies Act 1964, the prohibitions of which are considered necessary for such cooperatives which have depended on the support from the Govt. and consequential intervention in the governance. The second Act is Telangana Mutually Aided Cooperative Societies (MACS) Act of 1995, which aims at promoting self-reliant, responsible, accountable and more autonomy for Cooperative Societies with their own resources, which would make the Cooperative Movement more vibrant... Read more

7 Cooperative Principles

Voluntary

Cooperatives are voluntary organizations, open to all people able to use its services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.

Democratic

Cooperatives are democratic organizations controlled by their members—those who buy the goods or use the services of the cooperative—who actively participate in setting policies and making decisions.

Economic

Members contribute equally to, and democratically control, the capital of the cooperative. This benefits members in proportion to the business they conduct with the cooperative rather than on the capital invested.

Independance

Cooperatives are autonomous, self-help organizations controlled by their members. If the co-op enters into agreements with other organizations or raises capital from external sources, it is done so based on terms that ensure democratic control by the members and maintains the cooperative's autonomy.

Education

Cooperatives provide education and training for members, elected representatives, managers and employees so they can contribute effectively to the development of their cooperative. Members also inform the general public about the nature and benefits of cooperatives.

Cooperation

Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional and international structures.

Community

While focusing on member needs, cooperatives work for the sustainable development of communities through policies and programs accepted by the members.

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