Cooperative
Movement in India was started by the Inspired Agriculturists of Deccan Plateau
in 1901. Edward Law Commission indicated that the Cooperative Credit Societies
should be started in Raiffensen method i.e. focused on financial problem of
rural population and farmers need of credit. On the basis of the above the
British Government brought Ibberson bill into Cooperative Credit Societies Act
1904, which is the beginning for establishment of Cooperative Societies and the
Government also recognized them.
The Cooperative Movement in India started with
Cooperative Credit Societies Act 10 of 1904. In 1912
Government passed another Act making provision for different types of Societies
having different financial activities.The Government of India transferred the
subject of Cooperatives to all the states by passing another Act in 1919. After
independence the Government of India realized the importance of cooperative
movement and wanted to induct the development of Cooperative Movement in 5
years plans as their integral part from 1950 onwards. The Government had
appointed (All India Rural Credit Survey Committee) under the Chairmanship of
A.D. Gorewala in the year 1951 to study the rural credit survey in India. The
Government accepted the recommendations of all Rural Credit Survey Committee
(1964) report and facilitated the progress of Cooperative Societies in all sector of development.
Taking into consideration of 1904 Act, some Agricultural Finance Societies were
established in order to extend financial assistance to farmers. Cooperative
societies and DCCBS were established in accordance to the 1912 Act. In 1932 the Madras Cooperative Societies Act
made provisions for development of Cooperative Societies.
The
Cooperative Societies Act 1964 came into force in Andhra Pradesh by merging the
Madras Cooperative Societies Act 1932, Land Mortgage Act 1934, Hyderabad Cooperative Societies
Act, 1952.The Single window system emerged in erstwhile Andhra Pradesh in 1987
for rural credit. Further the Government formulated new Act i.e., the Mutually
Aided Cooperative Societies Act 1995 in order to facilitate functioning of all
the Cooperative Societies autonomously, self supporting and avoiding direct
control of the Government.
Cooperative
Movement in Telangana:
The state had been under the jurisdiction of
Princely state of Hyderabad covering (10) Telugu Speaking Districts. A separate
Department of Cooperation was established during 1914-15.The first Cooperative
Credit Societies Act was passed in Telangana area in 1920. There was only one
Central Cooperative Bank and (24) other types of Societies.
The Hyderabad Central Cooperative
Bank had confined its activities to the Hyderabad city covering the cultivators
residing in villages adjoining Hyderabad City. In 1925 the Hyderabad
Cooperative Central Bank was converted into provisional Cooperative Bank.
During the decade of 1920 to 1930 the Cooperatives made significant progress in
the state. The decade 1940-50 was a significant period in the Cooperative
Movement in the Telangana State.
The first Grain Bank was registered
in Nizamabad District in 1943 with the aim to support all types of grains to
the farmer’s community through barter system. After that several grain banks
were started all over the Telangana region.
The state of Andhra Pradesh was
constituted in the year 1956 with amalgamation of Andhra Pradesh and Telangana
regions. The Cooperative sector has been given, due importance in 5 year plans
with progressively increasing budgetary allocations.The major activity in the
Cooperatives in the state is credit and now the Cooperative sector has become a
multipurpose system.
Presently, Rural Credit structure
comprises of following institutions i.e. PACS, FSCS, LSCS, DCCBs, Apex Banks,
(TSCAB) and Commercial Banks & RRBs. Besides, these organizations working
at primary level, there are other supporting and refinancing Cooperative Institutions operating at
National level namely, they are NABARD, NCDC, RBI,NCUI, NAFED, IFCO, KRIBHCO,
FISHCOPFED, CHBFC, NACOF, NAFSCOB, NCCF etc.
Under the Cooperative sector many
types of Cooperative Societies are registered and functioning well in the state
such as PACS, FSCS, LSCS, DCCB, CUB, Women Coop., Industrial Coop. Life stock/
Poultry, Fishery, Labour, Sugar, Housing, Dairy, Consumer, Marketing, Agro
Processing, Handloom and Textiles, Tribal Welfare, SC, ST, BC Welfare
Societies, Employees Thrift and Credit, Non Credit, Services, Self-help groups
under Rural Development Programmes and also registered societies with
Functional Registrars, under the Telangana State Cooperative Societies Act 1964
and Telangana Mutually Aided Cooperative Societies Act 1995 and also Multi
State Cooperative Societies Act 2002 are
working across the State.
The Government have promulgated APCS
Act of 1964 for formulation of smaller societies, guidance and for the purpose
of regulation. In 1995 the Government have promulgated the A.P. Mutually Aided
Cooperative Societies Act with a view to extend greater autonomy to the
societies in their functioning thereby encouraging their self-sustenance.
As per the State Re-organization Act
in view of the formation of the
Telangana State on 02-06-2014, the Telengana Cooperative Societies Act 1964 came
into existence vide G.O. Ms. No.53 dated 20-05-2016 with modifications. Vide
Government memo No. 2204/Agril-III (2)/2016,Dt,21.06.2016 , the title of the
State Acts have been personalized as Telangana Cooperative Societies Act of
1964 and Telangana Mutually Aided
Cooperative Societies Act of 1995.