Reorganization of Multi Purpose Cooperative Societies

Multi purpose Cooperative Societies are the grass root level cooperative societies organized for implementing programmes like credit, marketing of village produces, consumer goods distribution and supply of farm inputs etc. This has been done with the recommendation of High Power Committee constituted by Government of India and the State Government during 1975-76. MPCS also played key roles while implementing 20 Point Programmes of the Govt. especially for distribution of essential food stuff to the rural populace.

In 2000, the Government has been pleased to declare the Co-operatives as a Priority Sector with the objectives to facilitate all round development through Cooperatives.

Initially there were 35 MPCS organized in Sikkim. It was during 100 days programmes the department has been assigned the task to re-organize these MPCS at all 159 the then existing Gram Panchayat Units to implement schemes and benefits available to the public at the gram Panchayat units effectively and efficiently . As on date, there are all together 174 MPCS organised and functioning throughout the State.

THE STATUS OF MULTI PURPOSE COOPERATIVE SOCIETIES IN SIKKIM

THE STATUS OF MULTI PURPOSE COOPERATIVE SOCIETIES IN SIKKIM

Sl. No. Particulars Units 2013-14 2014-15 2015-16
           
1) MPCS No. 169 170 174
2) Membership 30416 31190 32156
3) Paid up Capital Rs in lakh 186.51 207.64 232.64
  Of which Govt. 60.79 59.58 60.17
4) Reserves 23.37 39.72 48.64
5) Working Capital 702.15 1355.85 1715.90
6) Societies in profit No 59 96 83
  Amount Rs in lakh 20.87 35.29 38.11
7) Societies in loss No 19 11 19
  Amounts Rs in lakh 3.87 3.33 3.58