coopsday

About Cooperative

Odisha State Cooperative Union, Bhubaneswar established by Govt. of Odisha as per Section 11 (i) of Act VI of 1935 (Bihar and Orissa) Cooperative Societies Act and came into existence on 9th July 1948. Subsequently, Act VI of 1935 (Bihar and Orissa) was converted to Odisha Cooperative Societies Act 1962 and now it is working under this Act. Odisha State Cooperative Union presently focuses on providing Cooperative Education, Training, Publicity and Propaganda activities for assisting cooperative organizations in their growth and Prosperous. The activities of Odisha State Cooperative Union caters to the activities of HRD in the field of Cooperative Movement in the state. Dissemination of information activities is one of the core activities of the Union which spreads the message of different plans, schemes, and projects undertaken by the Govt. of Odisha. At the outset, it is providing training for Capacity Building of the Employees, Education for Members, Potential Members and Board of Directors of the Cooperative societies in the state and publication activities for promoting cooperatives in the state.

The the objective of the Union as outlined in its Bye-laws is to promote the the co-operative movement in the State. For facilitating discharge of this enormous the responsibility which has been recognized statutorily with a provision in the Cooperative Societies Act of the State, has been made obligatory on the part of cooperative societies of the State to pay 4% of its net profits each year towards the Cooperative Education Fund constituted to exclude the Short Term Credit Cooperative Societies/Banks.

Mission

To Promote a Strong and Vibrant Cooperative Movement in the State for Eco-friendly, equitable & Socio-Economic Development of Rural People. The responsibility of Union is Cooperative Education, Training, Publicity, propaganda and providing of information’s and guidance’s.

Vision

We build Cooperation for Member’s Socio-economic upliftment through Cooperative Education, Training and Information.

COOPERATIVE DEFINITION VALUE & PRINCIPLES

Definition
A co-operative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.

Values
Co-operatives are based on the values of self-help, self-responsibility, democracy, equality, equity and solidarity. In the tradition of their founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others.

Principles
The co-operative principles are guidelines by which co-operatives put their values into practice.

  • Voluntary and Open Membership
    Co-operatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.
  • Democratic Member Control
    Co-operatives are democratic organizations controlled by their members, who actively participate in setting their policies and making decisions. Men and women serving as elected representatives are accountable to the membership. In primary co-operatives, members have equal voting rights (one member, one vote) and co-operatives at other levels are also organized in a democratic manner.
  • Member Economic Participation
    Members contribute equitably to, and democratically control, the capital of their co-operative. At least part of that capital is usually the common property of the cooperative. Members usually receive limited compensation, if any, on capital subscribed as a condition of membership. Members allocate surpluses for any or all of the following purposes: developing their co-operative, possibly by setting up reserves, part of which at least would be indivisible; benefiting members in proportion to their transactions with the co-operative; and supporting other activities approved by the membership.
  • Autonomy and Independence
    Co-operatives are autonomous, self-help organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their cooperative autonomy.
  • Education, Training and Information
    Co-operatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their co-operatives. They inform the general public – particularly young people and opinion leaders – about the nature and benefits of co-operation.
  • Co-operation among Co-operatives
    Co-operatives serve their members most effectively and strengthen the co-operative movement by working together through local, national, regional and international structures.
  • Concern for Community
    Co-operatives work for the sustainable development of their communities through policies approved by their members.