The good cooperative
Companies are investor-owned entities that exist primarily to maximize their return on capital. This is reflected in the value of their shares, whether traded on an exchange or not. The investor-owner ultimately seeks capital appreciation and the highest possible price for the shares he wishes to sell or pledge to raise further funds. Cooperatives, on […]
Amul, NAFED among promoters of New national export cooperative
The proposed national multi-state cooperative export society, to be established under the Multi State Cooperative Societies (MSCS) Act, 2002, will have a paid-up capital of Rs 2,000 crore, a top official at the Union Ministry of Cooperation said Thursday. The official said the proposed export cooperative will have five promoters — Gujarat Cooperative Milk Marketing […]
Sodhi resignation — Milk industry jolted, writes RN Bhaskar
Last week delivered a shock to many in the milk industry. R.S. Sodhi, the senior-most executive of the largest milk cooperative in India accounting for a turnover of Rs. Rs 46,481 crore in 2021-22, stepped from the helm of affairs. He resigned from the post of managing director of the Gujarat cooperative Milk Marketing Federation […]
Sodhi resignation — Milk industry jolted, writes RN Bhaskar
Last week delivered a shock to many in the milk industry. R.S. Sodhi, the senior-most executive of the largest milk cooperative in India accounting for a turnover of Rs. Rs 46,481 crore in 2021-22, stepped from the helm of affairs. He resigned from the post of managing director of the Gujarat cooperative Milk Marketing Federation […]
How the regenerative economy can advance social and gender equality
Women, who are disproportionately represented among the world’s poor, are also overexposed to the impacts of climate change. Regenerative solutions which consider equity, climate and gender can accelerate climate action while advancing gender equality and social inclusion. Collaborating with social enterprises to scale innovative solutions enables organizations to make meaningful impact across multiple SDGs. COP27 […]
How the regenerative economy can advance social and gender equality
Women, who are disproportionately represented among the world’s poor, are also overexposed to the impacts of climate change. Regenerative solutions which consider equity, climate and gender can accelerate climate action while advancing gender equality and social inclusion. Collaborating with social enterprises to scale innovative solutions enables organizations to make meaningful impact across multiple SDGs. COP27 […]
The many benefits of mapping cooperatives
A national database on cooperatives has been initiated by the Ministry of Cooperation for single-point access to information on cooperatives of different sectors and develop a process for better understanding of cooperatives. The proposed database shall facilitate all stakeholders in policy-making and implementation to strengthen the cooperative movement in the country. In the first phase […]
Budget 2023| With inflation fears less money in the hands of consumers
A consumer in Delhi now pays at least Rs. 8 more for a litre of packaged milk compared to the beginning of 2022 because of several price hikes by prominent milk brands Mother Dairy and Amul. And while the smallest pack of Parle G biscuits still costs Rs 5, the weight of ingredients in the pack […]
Doubling of farmers’ income remained a pipe dream in 2022
After the tumult of a year-long farmers’ agitation against the three reforms-oriented farm laws came an almost protest-free 2022 on the agriculture front. This was the year when farmers’ income was to have doubled, but this has not happened. The aim was to raise farmers’ household incomes from an average Rs 8,050/- per month in […]
Climate change. Why India refused to sign the ‘Methane Pledge
Much to the chagrin of the developed world, India has been a tough, unrelenting negotiator at the climate negotiations. In the 2021 Conference of Parties at Glasgow (COP26), India dug its heels in and got the wording of the text on coal changed from “phase out” to “phase down”. This nuanced semantic shift may not […]
