STATE CO OPERATIVE UNION

• State co operative union of Kerala established on 21 November 1970 

• Headquarters Sanastha Sahakarana Bhavan in Thiruvananthapuram  

• Monthly publication of State Co operative union is Co operative Journal  

• Co operative journal published in year 1952 

• Kerala Institute of Co operative Management (KICMA ) is an institution functioning under the control of State co operative union  

• KICMA formed in 1999  

• Headquarters of KICMA is at Neyyar Dam 

• State co operative union is the custodian of Education fund  

• Cochin co operative institute, North malabar co operative union and Travancore co operative institution were together to form Kerala State Co operative union  

• Cochin co operative Institute established in 1930  

• North Malabar Co operative union formed in 1932  

• Travancore co operative institution established in 1947  

• Section 89 of KCS Act related with State Co operative union  

• State co operative union is a statutory body  

• Chairman of State Co operative Union is Registrar of Kerala  

• Secretary of State Co operative Union is Additional Registrar  

• State Co operative Union have elected general body and managing committee  

• State co operative union managing committee have 23 member including 2 nominated by the Government  

• Quorum of Managing committee is 12  

• For convening general body meeting the State Co operative union must give 15 days notice in advance  

• For convening Managing committee State co operative Union must give 7 days notice in advance  

• General body meeting and Managing committee presided by the Registrar  

• Period of Managing committee 5 year  

• All co operative Societies in Kerala affiliated with State co operative union  

• Affiliation fees payable to State Co operative Union  

• Minimum Affiliation fees is 100 rupees and maximum is 2000 rupees.

• A new co operative society affiliated with State co operative union within 6 months from the date of registration  

• Affiliation fee is calculated on the basis of paid up share capital  

• State co operative union have no audit fee  

• Audit of State co operative union conducted by Director of Co operative Audit ( DCA )

All India Rural Credit Review Committee ( AIRCRC )

• All India Rural Credit Review Committee (AIRCRC) appointed in July 1966

• AIRCRC appointed by RBI

• AIRCRC submitted report in 1969

• Chairman of AIRCRC was B Venkatappiah

Recommendations

1. Formation of Small Farmers Development Bank ( SFDB )
2. Agricultural Refinance Corporation
3. Agricultural Credit Board
4. Rural Electrification Corporation
5. Multi agency approach in rural credit
6. Promotion of animal husbandry and dairy

Basics in Accounting

Definition

            Accounting is " recording classifying and summarising in a significant manner in terms of money transaction and event which are in part atleast of financial character and interpreting the results thereof"

          

 Branches of Accounting

1. Financial Accounting
2. Cost Accounting
3. Management Accounting

1. Financial Accounting.                                                     Financial Accounting is the original form of accounting. The purpose of financial accounting is to record transactions in the books of accounts and to prepare the financial statements and interpreting the results
2. Cost Accounting.                                                        Cost Accounting as classifying recording and appropriate allocation of expenditure for determination of costs of products or services and for the presentation of suitably arranged data purposes of control and guidance of management
3. Management Accounting.                                      Management Accounting is the adaption and analysis of Accounting information and it's diagnosis and explanation in such a way as to assist management

Vanithafed

• Kerala Women Co operative Federation Ltd known as Vanithfed

• Vanithfed is the apex federation of primary women co operative Societies in Kerala

• Headquarters of Vanithfed at Thiruvananthapuram

• Vanithfed registered on 20th December 2002

• Vanithfed started functioning on 1st April 2003

• Kera Kanthi virjin coconut oil is the product of Vanithfed

• Chief executive of Vanithfed is Managing Director

• In a primary Vanitha co operative society not less than 10% of net profit shall be set apart to member relief fund

Apex Societies in Kerala and Headquarters

1.Kerala State Co operative Bank ( KSCB ) - Co bank Tower,  Thiruvananthapuram

2.Kerala State Co operative Agricultural and Rural Development Bank ( KSCARDB ) - Thiruvananthapuram

3.Kerala State Co operative Consumer Federation ( Consumerfed ) - Ernakulam 

4.Kerala State Co operative Marketing Federation ( Marketfed ) - Kochi

5.Kerala State Co operative Rubber Marketing Federation ( Rubbermark ) - Kochi

6.Kerala State Co operative Housing Federation ( Housefed ) - Ernakulam 

7.Kerala State Co operative Hospital Federation ( Hospitlfed ) - Kochi

8.Kerala State SC/ST Federation ( SC/ST Fed )  - Thiruvananthapuram

9.Kerala Women Co operative Federation ( Vanithafed ) - Thiruvanthapuram

10.Kerala State Labour Co operative Federation ( Labourfed ) - Thiruvananthapuram

11.Kerala State Co operative Tourism Federation ( Tourfed ) - Thiruvananthapuram

12.Kerala Coconut Farmers Co operative Federation ( Kerafed ) - Thiruvananthapuram

Rubber Mark

• Kerala State Co operative Rubber Marketing Federation known as Rubber Mark

• Rubber Mark is the Apex level special commodity marketing society in Kerala

• Rubber Mark is an apex institution of the primary rubber Co operatives in Kerala

• Rubber Mark founded in 1971

• Headquarters of Rubber Mark in Cochin

• Rubek balloon , Bharat jaiva , Kerala jaiva , Periyar mixture are the products of Rubber Mark 

• Bharat jaiva , Kerala jaiva , Periyar mixture are fertilizers

• Chief executive of Rubber Mark is Managing Director

Kerafed

• Kerala Kerakarshaka Sahakarana Federation Ltd known as Kerafed

• Kerafed is the apex co operative federation of coconut farmers in Kerala

• Kerafed founded on 1987

• Headquarters of Kerafed in Thiruvananthapuram

• Chief executive of Kerafed is Managing        Director

• 'Kera' is the brand name of coconut oil produced by Kerafed

• 'Keragem Kesamrith' is the herbal hair oil produced by Kerafed

• Commodity Grand related with Kerafed

• Kerafed has two expeller oil extraction they are;

      1. Karunagappally in Kollam District
      2. Neduvannur in Kozhikode District

Marketfed

• Kerala State Co operative Marketing Federation known as Marketfed

• Marketfed began as a district wholesale co operative store on 24 December 1942

• Area of operation at the initial stage was through out erstwhile Malabar District 

• It start business on 14 January 1943

• In 1958 the store was bought under plan scheme and converted into a marketing society

• On 10th August 1960 this society converted into an apex federation of marketing societies in Kerala

• The ultimate authority of Marketfed is general body

• Chief executive of Marketfed is Managing Director

• The first headquarters of Marketfed was Calicutt

• Present headquarters is Ernakulam

• In 1978 the headquarters of Marketfed transferred from calicutt to Ernakulam

• Kerajam is the coconut oil produced by Marketfed

Consumerfed

• The kerala state co operative consumer federation limited known as Consumerfed

• Consumerfed is the apex body of the consumer co operatives in the state of kerala 

• Consumerfed registered on 04 september 1965

• Consumerfed start functioning on 07 october 1965

• Headquarters of consumerfed is at Eranakulam

• Consumerfed 3 tier in nature

• Primary co operative consumer store at the base level 

• District wholesale store at the middle level 

• Consumerfed at the top level 

• Super market of considered is Triveni

• Note book of consumerfed is known as Triveni

CO OPERATIVE MOVEMENT IN SWEDEN

• Marketing co operatives are very strong in Sweden

• Swedish co operative union and wholesale society is known as Kooperative Forbundet ( KF )

• The Kooperative Forbundet ( KF ) was established in the year 1899

• WE is the publication of KF

• VAR GARD is the college started by KF

• Burial co operatives were founded in Sweden

• The first burial co operative society was Stockholm burial society 

• Stockholm burial society founded in the year 1954

• The golden rule Cash Trading followed by the co operatives in Sweden is the main reason for the success of co operatives in Sweden