Presentation on Cooperative Sector of Mizoram at State Cooperation Ministers Conference
Mizoram's cooperative sector plays a crucial role in the state's economic development, especially in the challenging terrain. Initiatives, such as PACS computerization and revitalization efforts, aim to strengthen cooperative societies for sustainable growth. The presentation covers statutory works, outcomes, institutional support, and best practices, showcasing the progress and future directions of cooperative movement in Mizoram.
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State Cooperation Ministers Conference September 8thand 9th, 2022 at Vigyan Bhawan, New Delhi Government of Mizoram Department of Cooperation Presentation on Cooperative Sector of Mizoram CONTENTS 1. Introduction 2. Initiatives by Ministry of Cooperation 2. General description of statutory and non-statutory works 3. Important functions under the Mizoram Cooperative Societies Act 4. Socio Economic Development outcome of Cooperation 5. Type wise Cooperative Societies as on 31.3.2022 6. Institutional Support by National Bank for Agriculture And Rural Development (NABARD) and National Minorities Development and Finance Corporation through Mizoram Cooperative Apex Bank ( MCAB ) 7. Name of State Level Cooperative Societies 8. Mizoram State Cooperative Marketing and Consumers Federation Ltd. ( MIZOFED ) 9. Integrated Cooperative Development Project (ICDP) and National Cooperative Development Corporation (NCDC) Financial support in the State of Mizoram in last Five years upto31.3.2021 10. Audit status for the year 2020 2021 11. Issues 12. Way Forward 13. Best practices in Cooperative Sector in Mizoram Page no ( i ) (ii) (ii) (iii) (iv) (v) (vi) (vii) (viii) (ix) (x) (xi) (xii) (xiii) RCS, MIZORAM
INTRODUCTION Mizoram the land of abundant natural beauty full of meandering rivulets, gushing waterfalls and omnipresent hills is a natural breeding ground for cooperation and cooperative movement on account of the strong community feeling and social bondages. Its hilly and difficult terrain hampers the desirable level of industrial growth and hence the cooperative movement naturally becomes one of the more important options for economic growth. As on date, the state is still recovering from the setbacks received from the spread of COVID - 19 pandemic and the resultant lockdowns. ( i ) RCS, MIZORAM
PACS Computerization Total number of registered PACS ( as on 31/5/2021) 88 Total number of functional PACS 43 Total number of non-functional PACS 45 Initiatives : Post the communications from Ministry of Cooperation vide letters dt. 1/11/2021 & 30/6/2022, the following has been done. Two coordination meetings have been held with NABARD and MCAB. Data of Functional PACS collected. Pilot Case study done with reference to non-functional PACS. Video conference with Govt. of India, Ministry of Cooperation held on 8/7/2022. Current Status : Uptodate audit of all functional PACS is being done which will be completed by 30thSept, 2022. Proposal submitted to Mizoram Govt. for constitution of State level Monitoring and Implementation Committee and District Level Monitoring and Implementation Committee. (ii) RCS, MIZORAM
Revitalization of defunct PACS : Pilot study done for analyzing the reasons for non-functionality of PACS. The reasons are summarized as under:- i. Organization and management ii. Lack of capital formation iii. Lack of monitoring iv. Competition with banks/ NBFC v. Lack of awareness. Proposed Solutions Training and Partnership modules for PACS. ii. Management to be strengthened through awareness iii. Defaulters should be identified and encouraged to repay. iv. Establishing credit-worthy set of activities for PACS involved in multi- functional credit and non-credit activities. v. Enhancement in membership through awareness campaign. i. ( iii ) RCS, MIZORAM
Model Bye Laws : The model bye-laws have been circulated by Govt. of Cooperation. Comments of Govt. of Mizoram have already been submitted. The salient features of comments include : India, Ministry of (i) (ii) Mizoram has 2 tier system of Cooperation credit banking. So, model bye-laws should be accommodate 2 tier system also. (iii) Compliance of provisions of state Cooperative Societies Act should be ensured. (iv) Financial propriety should be ensured through participation. (v) Constitution of management Committee should reflect promotion of spirit of Cooperation. ( iv ) RCS, MIZORAM
GENERAL DESCRIPTION OF STATUTORY AND NON-STATUTORY WORKS Cooperation Department through Registrar of Cooperative Societies implements the Mizoram Cooperative Act, 2006 ( as amended from time to time and Rules made there under) Implementation of schemes of Central Government and State Government Monitoring and supervising movement and regulation Cooperative Societies and Federations besides Cooperative Banks. of Cooperative functioning of of (v) RCS, MIZORAM
Important functions under the Mizoram Cooperative Societies Act related to the following i. Registration of Cooperative Societies under Sec 10 of Mizoram Cooperative Societies Act, 2006 ii. Audit of Cooperative Societies under Sec 85 of Mizoram Cooperative Societies Act, 2006 iii. Inspection and monitoring of Cooperative Societies under Sec 91-92 of Mizoram Cooperative Societies Act, 2006 (vi) RCS, MIZORAM
Socio Economic Development outcome of Cooperation Employment generation. Social insurance. iii. Technology sharing among Cooperative Societies. iv. Financial support in terms of loan on soft terms through access to institutional credit v. Vital role in price control/ regulation of essential goods. vi. Improvement in income vii. Social succour in times of crisis to members and non members viii. Tax generation through supply of taxable essential goods ix. Women are involved in handloom and handicraft sector in a majority apart from management of Cooperative Societies and Federations. i. ii. RCS, MIZORAM (vii)
Type wise Cooperative Societies as on 31.3.2022 Sl. No. No. of Societies No. of Societies Name of Societies Sl. No. Name of Societies i Industrial 88 xi Poultry Farming 9 ii Multipurpose 163 xii Canteen 5 iii Dairy, Multi-Commodity 125 xiii Labour 11 iv Livestock 235 xiv Sericulture 32 v Piggery 192 xv Housing 4 vi Handloom & Weaving 93 xvi Marketing 10 vii Consumer 35 xvii Floriculture 3 viii Service 61 xviii Butcher/Meat processing 8 Ix Fishery 165 xix LAMPS 9 Farming including F & V Growers x 16 xx State Level Society/ Fed. 10 Total - 1292 (viii) RCS, MIZORAM
Institutional Support by National Bank for Agriculture And Rural Development (NABARD) and National Minorities Development and Finance Corporation through Mizoram Cooperative Apex Bank ( MCAB ) 1) MCAB supporting Cooperative Societies by issuing different types of loans to them, for the following activities : 1) Agriculture & Allied . 2) Small Business Finance ( SBF ). 3) Small scale industries. 2) National Minorities Development and Finance Corporation ( NMDFC ) Loan disbursement since 2015-2016 Total Amount No. of Beneficiaries 16.72 crores 145 3) National Bank for Agriculture And Rural Development (NABARD) : Loan disbursement since 2004 - 2005 Loan 150.1965 crore GIA 1.8171 crore CSR 00.15.00 lakhs Total 152.1636 crore approx. RCS, MIZORAM ( ix )
NAME OF STATE LEVEL COOPERATIVE SOCIETIES :- 1. MSCU 2. MAHFED - - Marketing Cooperative Federation Ltd. - Mizoram Milk Producers Cooperative Union Ltd. - Mizoram Cooperative Apex Bank Ltd. - Mizoram Cooperative Fish Farming Marketing and Processing Federation Ltd. - Mizoram Pig Producers Cooperative Federation Ltd. - Mizoram State Cooperative Marketing and Consumers Federation Ltd. - Mizoram Apex Handloom and Handicraft Cooperative Federation Ltd. - Mizoram Sericulture Cooperative Federation Ltd. - Mizoram Women Cooperative Federation Ltd. - Mizoram Poultry Producers Cooperative Federation Ltd. Mizoram State Cooperative Union Ltd. Mizoram State Agriculture, Horticulture, Forestry and 3. MULCO 4. MCAB 5. ZOFISFED 6. PIGFED 7. MIZOFED 8. MAHCO 9. SERIFED 10. WOMENFED 11. POULTRYFED ( x ) RCS, MIZORAM
MIZORAM STATE COOP. MARKETING AND CONSUMERS FED. LTD (MIZOFED LTD) Business activities undertaken by the Federation are procurement of :- 1.Essential Commodities. 2. LPG. 5. Supply of Sugar, Edible Oil Pulses and Ground Nut to Social Welfare Department for its hostel, 3. POL. 4. SKO. ANNUAL SALES TURN OVER :- Sl. No Particulars Amount VAT GST 1 Essential Commodities 1,793.99 - 5.06 2 LPG 4,192.20 10.06 3 POL 15,601.80 209.71 4 SKO 61.20 2.56 Supply of Nutrition : 5 i). Sugar - 44880Kgs 21.04 ii).Edible Oil - 31625 Lts 33.78 iii). Pulses - 377370Kgs 289.21 iv).Ground Nut - 282432Kgs 372.08 Grand Total 22365.30 17.68 209.71 ( xi ) RCS, MIZORAM
Integrated Cooperative Development Project (ICDP) and National Cooperative Development Corporation (NCDC) Financial support in the State of Mizoram in last Five yearsUpto 31.3.2021 :- No. of Beneficiaries Under ICDP No. of Beneficiaries Under NCDC 61 34 21 13 9 16 4 Sl. No Name of Districts 1 Aizawl East 77 2 Aizawl West 66 3 Lunglei 74 4 Kolasib 21 5 Serchhip 54 6 Champhai 39 7 State Level 7 TOTAL 338 158 Total Loan disbursement 74.75 crores 68.59 crores ( xii ) RCS, MIZORAM
AUDIT STATUS FOR THE YEAR 2020-2021 Sl. No i Date of Completion 22-Apr-22 DISTRICT No. Of Societies REMARK AIZAWL EAST 313 COMPLETED ii AIZAWL WEST 248 23-May-22 COMPLETED iii CHAMPHAI 199 2-Aug-22 COMPLETED iv LUNGLEI 253 18-Feb-22 COMPLETED v SERCHHIP 111 25-Mar-22 COMPLETED vi KOLASIB 81 20-Apr-22 COMPLETED vii MAMIT 87 24-May-22 COMPLETED TOTAL =1292 UNDER AUTONOMOUS DISTRICT viii SAIHA 164 17-Jun-22 COMPLETED ix LAWNGTLAI 80 8-Aug-22 COMPLETED TOTAL = 1536 RCS, MIZORAM ( xiii )
Issues (i) Cooperative Societies are worst hit due to poor demand during and after COVID lockdown. (ii) Request for introduction of minimum support price introduction in dairy sector. (iii) Requirement with cooperative societies and federation were exhausted during the COVID lockdown. of fresh investments as savings (iv) African Swine Flu is affecting Piggery sector. Foot and mouth disease is affecting livestock sector. (v) Higher levels of allocation of budget to cooperative sector desired. (vi) Limited manpower for inspection and audit. (vii) Delay in payment of dividends to member cooperative societies by cooperative federations post lockdown period ( xiv ) ( xi ) RCS, MIZORAM
Way Forward 1) Investment in cooperative sector on soft terms by Institutional lenders like Institutional Support by NABARD and NMDFC . 2) Technology sharing through involvement of premier institutions like IITs/ IISc, etc., 3) Infrastructural support for transportation from far off areas 4) Training and partnership modules under CSR 5) Provision of Minimum support price for Cooperative Sector in institutional manner 6) In situ medical support to livestock Cooperative Societies RCS, MIZORAM ( xv )
BEST PRACTICES IN COOPERATIVE SECTOR IN MIZORAM 1. Timely completion of Audit of Cooperative Societies A. Timely start of audit process wef. April in any financial year to complete within 6 months. B. In situ audit of State Level Cooperative Societies through audit teams. C. Review and monitoring at the level of Registrar Cooperative Societies. D. Training to management and members of cooperative societies during the course of their audit by audit team. Involvement of women in Cooperation through community awareness Section 49 of MCS Act, 2 seats are reserved for women in each Cooperative Management Committee. Price control and regulation through supply of essential goods by Cooperative Federation. Liquidation of all defunct Cooperative Societies u/s 110 of MCS Act, 2006 after giving sufficient opportunity for revival to avoid increase in NPA. Relaxation in threshold limit for GST Registration to weavers Cooperative Society upto 20 lakhs. 2. 3. 4. 5. ( xvi ) RCS, MIZORAM
