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For ManagementParadise.comBy ex-TYBMS students.
A Question asked by the TYBMS students is that what is the need to have this subject"Management of Co-operatives" in Vth Sem for BMS?Management of Co-operatives is about management of co-operative forms of organizations such as co-operative banks, co-operative credit societies, co-operative sugar industries, co-operative housing societies etc.The objective behind this subject is to highlight various form of economic systems suchas capitalism, socialism, communism and compare them with co-operation.Cooperation is an ideology for not only economic but for social and political one.Cooperatives in Maharashtra have been providing leadership to the state in the way of leaders such as late Shri Vasantrao Dada Patil, Mr Sharad Pawar, Mr. Vilasrao Deshmukhetc.India being a developing economy is ridden with problems such as poverty, low per capita income, unemployment, illiteracy, superstitions, casteism, religiousfundamentalism etc. Cooperation as an ideology has the power to remove these hurdlesand create a just society on the principle of social justice.Service motive is the Primary motive of cooperatives. Cooperation is not an economicideology but it is the way of living.
The syllabus prescribed for the subject includes,
The historical perspective in the Indian context from Ancient times to the era of Globalization in the 1990’s. The world historical context is aimed at two countries,England with its Rochdale pioneers and Germany with its Reiffeisen principles. Thevarious acts such as 1904, 1912, 1960 are to be covered with recommendations of 1954committee.The organizational structure is about the formation of a co-operative, Role of cooperatives such as1.Co-operative credit societies and Banks2.Sugar cooperatives, Milk / Dairy cooperatives3.Housing cooperatives4.Consumer cooperativesThese topics are to be covered in detail on their formation to their economic activitieswith their role in the development of social, economic and political life in India.
More Notes and Projects and Resources for BMS and MBA students available athttp://www.ManagementParadise.com : The TRUE Voice of Management Students
 
For ManagementParadise.comBy ex-TYBMS students.
Cooperatives have distinct identify in comparison to joint stock companies or partnership/ sole proprietorship. These factors are to be highlighted in context of ownership, business, management, liability, division of surplus etc.The role of cooperatives in the Indian economy, Governments role especially inaccordance with 1960 Maharashtra Cooperative State Act, the co-operation departmentand the role of Registrar is quite important.Problems and challenges before cooperatives is a very important topic. Problems such ascorruption, Dual Control, Politicization, mismanagement, lack of funds,unprofessionalism etc are to be highlighted well as they are important from the point of view of the case study.Understanding the role and functions of various boards such as NDDB, NCCF, NABARD, NAFED, NCDC, ICA, KVIC, would be helpful.
More Notes and Projects and Resources for BMS and MBA students available athttp://www.ManagementParadise.com : The TRUE Voice of Management Students
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