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ACTIVITIES  OF THE DEPARTMENT OF COOPERATION

Panaji:- June 18, 2020

                                                                Jyaistha 27,1942 

        The report about the activities of the department of co-operation for the month of March are as follows The total no of Credit Societies and Banks registered for the month of March are 4385, 8 new Societies registered,170 Banks and 73 Credit Societies no of members enrolled. The total amount of share capital contributed by Credit Societies and Banks are Rs. 21.55 lakhs and Rs.1.97 lakhs respectively.

 

        The total amount of loan advanced by Credit Societies and Bank is Rs.4836.07 lakhs in Banks, Rs.99.26 lakhs by Credit societies and Rs.8.40 lakhs by the Goa State Coop. Housing Finance and Federation Ltd.

       

        Total No. of Credit Societies and Bank amended their Bye laws are Nil in Bank and 03 Credit Societies. The amount of deposits collected by Credit Societies and Bank are Rs.31.99.04 lakhs in Bank and Rs.117.69 lakhs in Credit Societies.

 

        The total amount of loan amount recovered from Credit Societies and Bank are Rs.8407.75 lakhs in Bank Rs.44.41 lakhs in Credit societies and Rs.32.41 lakhs The Goa State Coop. Housing Finance and Federation Ltd.

 

        Total amount of dividend received from Credit Societies and Bank is Nil. Total No. of misfeasance cases filed and amount involved are Nil Credit Societies and Bank. Total No. of ABN/EXE cases filed by Credit Societies and Bank are 5 in Banks and 7 in Credit Societies. 18 Societies filed returns, Rs.0.09 lakhs are received for Filling fees, 67 Societies Audited. Total Rs. 0.09 lakhs Audit fees recovered. There was no General Body Meeting conducted during the month.

 

        Total quality of milk procured by Goa State Coop. Milk Producers Union Ltd. are 15,69,179 lts  Local and 2,82,365.0 lts Outside.

 

        There was No Share Capital released to Coop. Societies, No grants were sanctioned to Coop. Societies, No subsidy relased to Coop. Societies No societies placed under liquidation during the month. 3 societies placed under Administrative control of Administrator. No Societies  were Reconstructed or Amalgamated during the month.  7 elections were held and Rs. 1.97 lakhs education funds were received during the month.  

 

DI/NB/PN/GJG/AN/2020/103

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