Cooperative Movement and Growth in Sikkim
Sikkim, the 22nd state of India, showcases a thriving cooperative movement with significant growth in the number of cooperative societies over the years. The state economy primarily revolves around agriculture, with major crops like rice, maize, and oranges. The cooperative sector in Sikkim is robust, with a two-tier structure and various initiatives driving its success. Notable achievements include a substantial increase in cooperative memberships and positive indicators of growth in the sector. The Sikkim State Cooperative Bank stands out as a key player in promoting financial inclusivity, particularly in disbursing KCC loans. Through infrastructure development, dividend payouts, and effective governance, the cooperative movement continues to flourish in Sikkim.
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Presentation Transcript
ACHIEVEMENTS AND INITIATIVES
Sikkim Statistics 22ndState of India. 6.60 Lakh Population. 7096 sq km area. Agrarian economy . Major crops - Rice, Maize, Millet, Barley, Oranges, Tea and Cardamom. Other industries Tourism, Pharmaceutical Brewing, Distilling, Weaving, Handloom & Handicraft, etc.
Cooperative Movement in Sikkim Sikkim s first Cooperative Societies Act was enacted in the year 1955. In 1975, after Sikkim joined the Indian Union, old Cooperative Act was replaced by the Sikkim Cooperative Societies Act 1978 The State follows two-tier cooperative structure with 6 (six) Apex Cooperative Bodies at the State Level and Primary Cooperative Societies as its members at the village level. The State provides assistance like transport, marketing and managerial subsidy, training assistance, pre-establishment assistance through state budget. and awareness, infrastructure
Growth in No. of Cooperative Societies in Sikkim As on 1975, the total number of cooperatives was 29. In 1994, over two decades, cooperatives increased membership to 25,000 . As on March 2021, the number of Cooperative Societies has increased to over 4000 with over 1.20 Lakh membership . Overall 20% of the total population of the State are under Cooperative Fold. the and number the of to 261 total
Indicators of Growth in Cooperative Sector All Apex Cooperative Bodies are on Profit and over 70% of PACS or MPCS have positive balance sheet . Various introduced Societies to reinstate their viability (STBC and NABARD). products by and Multipurpose services are Cooperative being Pradhan implemented through MPCS or PACS in Sikkim. it is serving as a leader for the SHG Clusters. Mantri VanDhan Yojana being
40% infrastructure. All Apex Originations are paying dividend to the Government against the Share Capital subscribed by the State Government Some Primary Cooperative are also paying back dividend out of their profit. The Election Cell of the Department have effectively been able to conduct elections for both Primary as well as Apex Cooperative Bodies. The RCS Court of the Department is vibrant and active and in the past three years have been able to recover over 30% of the total amount registered in the court. of MPCSs or PACS have their own
Sikkim State Cooperative Bank is the highest disburser of KCC loan in the State. It has recently acquired Schedule Bank Status from RBI . To encourage dairy farming through Cooperatives , since 2020 the State Government is paying Rs 8/- as production incentive for every liter marketed by the farmers through Dairy Cooperatives. All FPOs are registered under the State Cooperative Act in the State . They are actively engaged in marketing of argi/horti produce in the State. New types of Cooperatives in Adventure Tourism,Generic Medicine and other diverse Agriculture / Horticulture and Animal Husbandry activities are getting registered in the state. Film production,
Vision and Initiatives Framing of State Cooperation Policy in tune with the National Cooperation Policy Revision Cooperative Act MPCS or PACS as the Gram Panchayat Unit level economic center Sector wise Business Development Plans for different types of cooperatives. Support to create infrastructure of PACS and other marketing cooperatives Cooperative etc of existing like FPOs, Producers
Managerial Assistance to PACS or basis as hand computerization of PACS Awareness drive Movement Training Institute at State Cooperative Union to be upgraded. Lastly Cooperation Department requests for Central Sponsored Schemes for cooperative sector. MPCS in tapering support for holding effective to educate mass on Cooperative overall development of Thank You Thank You
