You are on page 1of 37

OBSERVATION STUDY REPORT

Observation Study Report Submitted in


Partial Fulfillment of the Requirements for the Award of
Higher Diploma in Cooperative Management (45th Session)

(07.12.2020 – 19.12.2020)

Submitted by

J.R. GEETHU SREE


ROLL: NO: 45-07
HDCM 45thBatch

Dr. V. AZHAGUPANIDIYAN Dr. R. GOPALSAMY


COURSE COORDINATOR DIRECTOR

INSTITUTE OF COOPERATIVE
MANAGEMENT
MADURAI-625022
INDEX

S.
DATE NAME OF THE ORGANIZATION PAGE
NO
1. 07.12.2020
THE PEOPLE’S COOPERATIVE BANK, LTD, NO.386 1-6
MONDAY

2. 08.12.2020
KALKULAM COOPERATIVE STORES LTD, NO: 2048 7-11
TUESDAY

3. 09.12.2020
KANYAKUMARI DISTRICT COOPERATIVE PRINTING PRESS LTD., Y-218 12-16
WEDNESDAY

4. 10.12.2020 THE KANYAKUMARI DISTRICT COOPERATIVE EMPLOYEES COOP.


17-20
THURSDAY THRIFT & CREDIT SOCIETY LTD., NO. K.V. 111

5. 11.12.2020
KALKULAM COOPERATIVE CREDIT SOCIETY LTD., NO. 949 21-25
FRIDAY

6. 12.12.2020
HOLIDAY -
2ND SATURDAY

7. 13.12.2020
HOLIDAY -
SUNDAY

8. KALKULAM VILAVANCODE TALUKS AGRICULTURAL PRODUCER’S


14.12.2020
COOPERATIVE MARKETING SOCIETY LTD., 26-31
MONDAY
NO. Y-285

9. 15.12.2020 BRAMMAPURAM PRIMARY AGRICULTURAL COOPERATIVE CREDIT


32-36
TUESDAY SOCIETY LTD., NO. Y - 210

10. 16.12.2020 KANYAKUMARI DISTRICT CENTRAL COOPERATIVE BANK LTD.,


37-42
WEDNESDAY THUCKALAY BRANCH

11. 17.12.2020 THUCKALAY COOPERATIVE PRIMARY AGRICULTURAL AND RURAL


43-46
THURSDAY DEVELOPMENT BANK LTD., KV-69

12. 18.12.2020 KANYAKUMARI DISTRICT COLLEGE EMPLOYEE’S COOPERATIVE


47-50
FRIDAY THRIFT AND CREDIT SOCIETY LTD., NO KV-121

13. THUCKALAY LABOUR CONTRACT COOPERATIVE SOCIETY LTD.,


19.12.2020
NO. 3800 51-54
SATURDAY
-2-

THE PEOPLE’S COOPERATIVE BANK,


LTD, NO.386
CAPE ROAD, NAGERCOIL- 629001, KANYAKUMARI DISTRICT
Contact- 04652 232557

Registration of the Society 12.12.1922

Date of commencement of its 20.01.1923


operation

Type of society Urban cooperative bank

Managing Director : Mrs. Kala


Managing Committee Functional Directors: 2
(11 members)
Women: 2
SC/ST: 2

No. of Employees 2

Agasteeswaram Taluk and Thovalai Taluk


Jurisdiction

„A‟ class members of the society : 13991


Details of Membership and Associate members : 6735
Share Capital
Share capital : Rs. 67.65 lakhs
-3-

 To inculcate the habit of thrift and savings


among the members of the society
 To attract deposits from members and non-
members
 To advance loans to members

Objective of the Society  To collect bills, cheques, issue drafts and


provide banking services.
 To provide financial and technical assistance to
small scale and cottage industries and to help
self employed persons for setting up their own
business.

Audit classification „B‟ class society

Net Profit (2019-2020) Rs. 24.34 Crores

Own funds Rs. 526.02 Lakhs

Deposits Rs. 2209.23 Lakhs

Deposit Loan Rs. 22.99 Lakhs

Secured loan Rs. 792.37 Lakhs


-4-

Unsecured loan Rs. 91.21 Lakhs

 Jewel loan – Short term


 Day deposit loan - Short term
 House mortgage loan – Medium term
 Fixed deposit loan – Medium term
 N.S.C pledge loan – Medium term
 Staff provident fund loan – Medium term
Secured Loans issued
 Staff consumer loan – Medium term
 Staff flood advance – Medium term
 Staff vehicle loan – Medium term
 Staff personal loan – Medium term
 House construction loan – Long term
 Share capital loan (interest free) – Long term

 Micro credit loan - Short term


 Special micro credit loan – Amma special
interest free - Short term
 Revamped Micro credit loan - Short term
 Cash credit loan - Short term
 Petty trader loan - Short term
Unsecured loans issued
 Society loan - Short term
 Surety loan – Medium term
 Maternity loan – Medium term
 Members consumer loan – Medium term
 Society loan – Medium term
 Working women loan – Medium term
-5-

 Handicapped loan – Medium term


 SHG cash credit revolving loan – Medium term
 SHG loan – Medium term

 Petty traders loan: 12% (upto Rs. 25,000)


 Housing Maintenance loan:13.50%(Rs.3 Lakhs)
 Working women loan:12.50%(upto Rs.3 Lakhs)
Interest on loans
 Jewel loan: 9.5% ( upto Rs.10 lakhs)
 Housing loan: 13.50% ( upto Rs.10 Lakhs)
 Consumer loan: 12% ( upto Rs. 25,000)

 Mobilization of various types of deposits


suitable to the customers.
 Issue of various types of loans required by
Main functions of the society
members and different customers.
 Collection of cheques and bills.
 Sanction of overdraft facilities.

 This society is awarded as the best district


level urban cooperative bank every year
Achievements
 Has got the state level best urban cooperative
bank for the year 2011

 To enable Locker facility for the customers


Future Plans
 To increase member participation
-8-

KALKULAM COOPERATIVE STORES LTD,


NO: 2048
LEAD SOCIETY (KALKULAM TALUK)
MARKET ROAD, THUCKALAY- 629175, KANYAKUMARI DISTRICT
Contact- 04651 251855

Registration of the Society 18.02.1937

Date of commencement of its 19.02.1937


operation

President : Mr. Ramakrishnan


Managing Committee Vice-President : Mr. Jagadheswaran
(11 members)
Secretary : Mr. Padmakumar

No. of Employees 9

Kalkulam Taluk
Jurisdiction

„A‟ class members of the society : 835


Details of Membership
Share capital : Rs. 0.23 lakhs

 To inculcate the habit of thrift and savings

Objective of the Society among the members of the society


 To provide unadulterated and quality products
-9-

at affordable prices to the people

Audit classification „A‟ class society

Net Profit (2018-2019) Rs. 13.37 Lakhs

Loan outstanding Rs. 4.92 Lakhs

Deposit outstanding Rs. 1.11 Lakhs

 Providing unadulterated and quality products at


affordable prices to the people
 4 full time ration shops are under the control of
this society
 The lead society for distributing the food
products to 180 ration shops
 Provides medicines at 20% discount rate
Main functions of the through the medical shop functioning under its
Society
control
 Sells products at subsidized price to the public
through Amma mini cooperative super markets
 Procurement and distribution of Non-
controllable items from the Khadi and Village
Industries
 Procurement and distribution of „Ooty Tea‟
-10-

from the TEASERVE to the public


 Procurement of non- controllable items such as
maida, atta, semiya, puttu flour, ragi flour,
detergent bar, Kumari soap etc. and distribution
of these items to ration shops

 This society is working solely on its own funds


without any dependence on District central bank
 Has won state level awards twice and district
Achievements level awards 11 times for its best performance
 Awarded by the honorable cooperative minister
Sellur Raju for the best performance of Amma
Medical shop of the society

 Own building for the society


 Petrol bunk
Future Plans
 Gas agency
 Extending public services
-13-

KANYAKUMARI DISTRICT COOPERATIVE


PRINTING PRESS, Y - 218
THUCKALAY- 629175, KANYAKUMARI DISTRICT
CONTACT: 04651-250752

Registration of the Society 29.11.1962

Date of commencement of its 28.01.1963


operation

Managing Director : Mrs. A. Meenakshi


Managing Committee Manager : Mrs. C. Mallika
(19 members)
President : Mr. R. Jayasudarshan

No. of Employees 20

Jurisdiction Kanyakumari district

Details of Membership Societies : 516 , Share capital : Rs. 9.93 lakhs


and share capital

Net Profit Rs. 28.20 Lakhs


(2019 – 2020)

No. of Employees 87
-14-

 To cater the requirement of various print


production and stationery printing for the
Objective of the Society
Cooperative Sector and Government
Department

 Caters the requirement of various print


production and stationery printing for the
Main functions of the
Society Cooperative Sector and Government
Departments

The cooperative press has the following machinery


bought from its own fund:

 Generator
 Mini offset and printing machine

Other facilities  Computers


 Numbering machine
 Scanner
 Laser printer
 Screen printing

 Bought all the necessary machinery from its


own fund
Achievements
 Has achieved its target continuously for 3 years
 Has no borrowings
-15-

 Has a fixed deposit of Rs. 104.00 Lakhs in the


central bank

 To get computer stationery printing machine

Future Plans  Modernization


 Computerization
-18-

KANYAKUMARI DISTRICT COOPERATIVE


EMPLOYEES COOP. THRIFT & CREDIT
SOCIETY LTD., NO. K.V. 111
16/15- PALACE ROAD, THUCKALAY- 629175,
KANYAKUMARI DISTRICT
Contact- 04651 250044

Registration of the Society 28.11.1984

Date of commencement of its 12.12.1984


operation

President : Mr. S. Krishnan


Managing Committee Vice-President : Mr. C. Murugan
(11 members)
Secretary : Mr. V. Balasundaram

No. of Employees 3

Kanyakumari district
Jurisdiction

No. of Members : 1116


Details of Membership and
share capital Share capital : Rs. 226.28 lakhs

 To inculcate the habit of thrift and savings


Objective of the Society
among the members of the society
-19-

 To work for the welfare of the staff of the


cooperative societies
 To release them from usurious private money
lenders who for centuries have been charging
exorbitant rates of interest
 To attract deposits from members and non-
members
 To advance loans to members

Audit classification „B‟ class society

Net Profit (2018-2019) Rs. 9.72 Lakhs

Loan outstanding Rs. 1440.03 Lakhs

Deposits from members Rs. 19.56 Lakhs

Deposits from non - members Rs. 25000

Borrowings from KDCC Rs. 1083.20 Lakhs

 Collecting deposits from members and non-


Main functions of the members
Society
 Assessment of credit needs
-20-

 Provide helping hand through loans to the


people such as salaried persons, economically
weak, middle and lower class people, artisans,
self- employed persons, etc.

 Modernization
 Computerization
 To provide more loans from own funds and to

Future Plans increase deposits


 To provide jewel loans
 To enable Locker facility for the customers
 To increase member participation
-22-

KALKULAM COOPERATIVE CREDIT SOCIETY,


LTD, NO.949
THUCKALAY- 629175, KANYAKUMARI DISTRICT
Contact- 04651 250751

Registration of the Society 28.04.1925

Date of commencement of its 17.09.1925


operation

President : Mr. P.D.S. Mani


Managing Committee Vice-President : Mr. Prathap Kumar
(11 members)
Secretary : Mr. Thangalasar

No. of Employees 5

Kalkulam, Thuckalay and Kothanallur


Area of Operation of the
Society

„A‟ class members of the society : 6322

Details of Membership Associate members : 3939


Share capital : Rs. 456.93 lakhs

 To inculcate the habit of thrift and savings

Objective of the Society among the members of the society


 To collect and make use of the share from the
-23-

members by giving loans.

Audit classification „A‟ class society

Net Profit (2019-2020) Rs. 115.24 Lakhs

Loan outstanding Rs. 360.11 Lakhs

 Non Farm Sector loan: Rs. 394.50 Lakhs

Loan issued  Jewel Loan: Rs. 421.08 Lakhs


 Loans on deposits: Rs. 29.18 Lakhs

 Savings account: Rs. 525.93 Lakhs

Deposits from members  Fixed deposit: Rs. 605.88 Lakhs


 Recurring deposit: Rs. 23.30 Lakhs

 Savings account: Rs. 244.71 Lakhs

Deposit outstanding  Fixed deposit: Rs. 1540.60 Lakhs


 Recurring deposit: Rs. 56.71 Lakhs

 Fixed deposit: 6.5%


 Savings account: 4%
Interest on loans
 Mortgage loan NFS:12%
 Jewel loan: 9%
-24-

 Collecting deposits from members and non-


members
 Jewel loan – upto Rs. 20 Lakhs
 Housing loan
 Mortgage loan – upto Rs. 3 Lakhs
 Loans for working women, women entrepreneur
 Loans for buying fertilizer
 Loans for buying seeds and agricultural
implements
Main functions of the
Society  Loans for the purchase of cattle and cattle
fodders
 Loans for the purchase of food grains and other
necessaries for life
 Loans for Self help groups
 Loans for the differently abled
 Advance to artisans for the purchase of
implements, raw materials required for their
industry.

 This Society is continuously working in profit


for 2 years
 This society is working solely on its own funds
Achievements without any dependence on District central bank
 Won the Best district level cooperative credit
society award for the year 2019 during the 66th
cooperative week celebration

Future Plans Enabling Locker facility


-27-

KALKULAM VILAVANCODE TALUKS


AGRICULTURAL PRODUCER’S MARKETING
SOCIETY, LTD, NO.949
MARTHANDAM- 629165, KANYAKUMARI DISTRICT
Contact- 04651 270094

Registration of the Society 14.02.1967

Date of commencement of its 24.02.1967


operation

Managing Director : Mr. Britto


President : Mr. Nanchil Domenic
Managing Committee
(10 members) Vice-President : Mr. Satyadhas
Secretary : Mr. John Joseph Devasahayam

No. of Employees 5

Jurisdiction Kalkulam Taluk and Vilavancode Taluk

Societies : 84 , Share capital : Rs. 7.43 lakhs


Details of Membership
and share capital Individuals : 11939 , Share capital : 1.76 lakhs

Net Profit Rs. 1.13 Lakhs


(2019 – 2020)
-28-

No. of Employees 87

 To ensure economic efficiency, shared


resources, broader visibility, access to target
market and consumer convenience.

Objective of the Society  To enable economics of sale, bargaining power,


and remunerative price.
 Motto: “The Producer will earn more and the
consumer will pay less”

Audit classification „A‟ class society

Loan outstanding 235.17 Lakhs

 To market the produce of the members of the


society at fair prices
 To safeguard the members for excessive
marketing costs and malpractices;
 To make credit facilities available to the
members against the security of the produce
Main functions of the
Society brought for sale;
 To make arrangements for the scientific storage
of the members' produce
 To provide the facilities of grading and market
information which may help them to get a good
price for their produce
-29-

 To introduce the system of pooling so as to


acquire a better bargaining power than the
individual members having a small quantity of
produce for marketing purposes;
 To act as an agent of the government for the
procurement of foodgrains and for the
implementation of the price support policy
 To arrange for the export of the produce of the
members so that they may get better returns
 To make arrangements for the transport of the
produce of the members from the villages to the
market on collective basis and bring about a
reduction in the cost of transportation
 To arrange for the supply of the inputs required
by the farmers, such as improved seeds,
fertilizers, insecticides and pesticides

 Godowns – 3
 Kerosene bank – 1
 Distribution of essential commodities through
Other facilities 66 ration shops
 Has a lorry and a mini tempo
 Has 3 medical stores

Achievements  This Society is working in profit continuously


 This society is working solely on its own funds
-30-

without any dependence on District central bank


 Wins the Best district level Marketing society
award every year

 E- Seva services
 Aavin parlour
Future Plans
 Petrol bunk
 Honey processing
-33-

BRAMMAPURAM PRIMARY AGRICULTURAL


COOPERATIVE CREDIT SOCIETY LTD,
NO: Y – 210,
KUMARACOIL – P.O., KANYAKUMARI DISTRICT
Contact- 04651 250704

Registration of the Society 06.10.1962

Date of commencement of its 04.11.1962


operation

President : Mrs. Ramani Thankachy


Vice-President : Mr. N.K Babu
Managing Committee Secretary : Mr. Madhavan Pillai
(11 members)
 Women: 3
 SC/ST : 2

No. of Employees 6

 Brammapuram
 Padmanabapuram
 Karavilai
 Kollenvilai
Jurisdiction
 Kalkurichy
 Keezhakalkurichy
 Muthalakurichy
 Vettikonam
-34-

 Thuckalay

No. of members : 3944


Details of Membership and
Share Share capital : Rs. 47.33 Lakhs

 To provide credit facilities for agricultural


purposes and to inculcate the habit of thrift and
savings among their familiar members
Objectives of the Society
 To deliver integrated package of services such
as credit, insurance, inputs, marketing and
extension to the farmers

Audit classification „A‟ class society

Net Profit (2018-2019) 6.55 Lakhs

Loan outstanding 622.55 Lakhs

Members Deposit 381.74 Lakhs

DCCB Borrowings 182.36 Lakhs

Ration shops 3
-35-

 Assessment of credit needs


 Disbursement of short and medium term credit
 Supply of agricultural inputs like seeds,
pesticides and fertilizers etc. and the marketing
Main functions of the
Society of agricultural produce
 E- Seva services
 Provides Crop insurance
 Distribution of essentials through ration shops

 Kisan Credit Card Scheme


 Jewel loan
 Crop loan
 TAMCO loan

Types of loan issued  Loans on deposits


 Personal loan
 Mortgage loan
 Consumer loan
 SHG loan

 To increase loans and deposits


Future Plans
 Extending public services
-38-

KANYAKUMARI DISTRICT CENTRAL


COOPERATIVE BANK, LTD,
THUCKALAY BRANCH
THUCKALAY- 629175, KANYAKUMARI DISTRICT
Contact- 04652 232864

Registration of the Society 20.08.1957

Date of commencement of its 14.09.1957


operation

Management of the society General Manager: C. Murugaesan

No. of Employees 3

514 Cooperative societies + Government of


Details of Membership Tamilnadu

Members Share capital Rs. 4130.40 Lakhs

Deposits Rs. 75319.41 Lakhs

Investments Rs. 31990.14 Lakhs


-39-

Branches 24

 To raise funds from financing institution and


apex bank for the purpose of financing member
cooperative societies.
 To inculcate thrift habits among public and
accept deposits to strengthen its resource base.
 To open branch and fulfill the credit and other

Objectives banking need of public in the area of operation.


 To work for, assist and coordinate state govt.
policies, affiliated societies and cooperative
movement in the area for better results.
 To do other such work incidental to the above
objectives or for the cause of developing
cooperation in its area of operation.

Net Profit (2019-2020) Rs. 57.00 Lakhs

 Non Farm Sector loan


 Jewel Loan
 House mortgage loan which includes marriage
loan, business loan, education loan, house
Loan available for the public
maintenance loan, Prior debts clearance loan
 Salary loan
 Working women loan
 Micro loan
-40-

 TAMCO loan
 Agri loan
 Vehicle loan
 Loans for the differently abled

 Agricultural loan
 KCC loan
 Medium term loan
Loans given to the
Cooperative Societies  TAMCO loan
 Non Farm Sector loan
 Micro loan

 To finance the PACS and other member


cooperative societies functioning in its area of
operation
 To function as a banker to the local
organizations and establishments by providing
them funds, accepting deposits and providing
other services.
Main functions  To function as clearing house of PACS and as a
balancing centre for managing their excess
funds and providing finance when needed.
 To attract public for local deposits and provide
other banking facilities like remittance of funds,
collection of cheques, safe custody of valuables
and other banking needs.
 To supervise, guide and control the working of
-41-

the affiliated PACS.


 To borrow funds from SCB, NABARD etc. For
financing member societies.
 To manage, sale and realize any property which
may come into the possession in full or partial
satisfaction of its claims.
 To act as agent for Government, local authority
or other persons or acting as attorneys on behalf
of customer.
 Issuing guarantee, doing underwriting activities
and undertaking and executing trusts.
 As a leader of the PACS, CCB insure (i) Crop
Loan Expertise (ii) Guidance (iii) Revitalization
(iv) Upkeep of Accounts and Records and (v)
Efficient Management of Affiliated PACS.
-44-

THUCKALAY COOPERATIVE PRIMARY


AGRICULTURAL AND RURAL DEVELOPMENT
BANK, LTD, K.V - 69
THUCKALAY- 629175, KANYAKUMARI DISTRICT
Contact- 04651 250269

Registration of the Society 24.10.1957

Date of commencement of its 03.12.1957


operation

President : Mr. K. Madhavan


Managing Committee Vice-President : Mr. T.R.Sundaram
(11 members)
Secretary : Mr. R. Vijayakumar

Thuckalay block, Kurunthencode block, Melpuram

Jurisdiction block, Padmanabhapuram municipal limits,


Colachel municipal limits

„A‟ class members of the society : 6888

Details of Membership Associate members : 1154


Share capital : Rs.43.89 lakhs

 To help the farmers to increase the agricultural

Objective of the Society production and productivity by providing them


credit facilities
-45-

 To release them from usurious private money


lenders who for centuries have been charging
exorbitant rates of interest

Loan outstanding Rs.432.12 Lakhs

Main functions of the  At present the society only provides Jewel loan
Society

No of Employees 3

 Planned to provide agricultural and non-


agricultural loans to farmers such as for cattle,
Future Plans
irrigation, agricultural equipment, land
development, housing etc.
-48-

KANYAKUMARI DISTRICT COLLEGE


EMPLOYEE’S COOPERATIVE THRIFT AND
CREDIT SOCIETY, LTD., K.V - 121
THUCKALAY- 629175, KANYAKUMARI DISTRICT
Contact- 04651 250960

Registration of the Society 05.03.1993

Date of commencement of its 17.03.1993


operation

President : P.Suresh
Managing Committee Vice-President : W.P.Mohan
Secretary : Sam christopher

Jurisdiction Kanyakumari district

Audit classification „A‟ class society

No. of members : 1354


Details of Membership
and share capital Share capital : Rs. 396.72 lakhs

 To inculcate the habit of thrift and savings


among the members of the society
Objective of the Society
 To work for the welfare of the staff of the
cooperative societies
-49-

 To release them from usurious private money


lenders who for centuries have been charging
exorbitant rates of interest
 To attract deposits from members and non-
members
 To advance loans to members

Loan outstanding Rs. 25.12 Lakhs

 Collecting deposits from members and non-


members
 Assessment of credit needs
 Provides helping hand through loans to the
people such as salaried persons, economically
weak, middle and lower class people, artisans,
Main functions of the self- employed persons, etc.
Society
 Mobilization of various types of deposits
suitable to the customers.
 Issue of various types of loans required by
members and different customers.
 To provide employment opportunities and
livelihood support to the people in need.

No of Employees 5
-50-

 Modernization
 Computerization
 To provide more loans from own funds and to

Future Plans increase deposits


 To provide jewel loans
 To enable Locker facility for the customers
 To increase member participation
-52-

THUCKALAY LABOUR CONTRACT


COOPERATIVE SOCIETY LTD., NO. 3800,
THUCKALAY- 629175, KANYAKUMARI DISTRICT

Registration of the Society 30.09.1955

Date of commencement of its 01.11.1956


operation

President : Mr. Richard Selvesten


Managing Committee Vice-President : Mr. Manikkam
(12 members)
Secretary : Mrs. Jeyasuja Kumari

No. of Employees 2

Jurisdiction Kalkulam Taluk

 Nagercoil
 Monday market
Branches
 Thuckalay
 Kulasekaram

Ration shops 2

Details of Membership No. of members: 768


and Share capital
-53-

Share capital : Rs. 0.13 lakhs

 To provide employment opportunities and


livelihood support to the people in need.
 Formed by the workers and for the workers
 To develop a culture of social building and
Objective of the Society
social sharing, paving a new way to responsible
construction reinforced through advanced
scientific knowhow and techniques,
professionalism and high standards of quality.

Audit classification „C‟ class society

Net Profit (2018-2019) Rs. 1.4 Lakhs

 Undertakes the construction work of various


government departments such as Public Works
Department, National Highway, Irrigation and
Tourism
 Mainly undertakes ICDP works, projects under
Main functions of the Chief Minister‟s 110 announcement and
Society
Cooperative Minister‟s announcement.
 Manned and managed by the labourers. They
are workers as well as decision-makers here,
which give them the feeling of ownership and
treat every work as their own
-54-

 Undertakes government and non-government


projects and is keen to deliver before time and
with utmost quality

 Own building

Future Plans  To renew the license of the society for


undertaking panchayat works

You might also like