OF MARKETING SOCITIES.
Definition of Marketing Society:
Marketing , in general means Purchase and Sales of goods and services.
COOPERATIVE MARKETING:
A Cooperative Marketing society can be considered as a
Cooperative association of cultivators formed primarily for the
purpose of helping the members to market their produce more
profitably than is possible through private trade.(As per RBI)
A Cooperative Marketing Society is an association of
cultivators organized on Cooperative Principles to perform
marketing functions.
Cooperative Marketing is the System by which a group of farmers
join to carry on some or all the processes involved in bringing goods from
the producer to the consumer. (By Margaret Digby an FAO Expert).
A Cooperative Marketing Society must be a society of agricultural
producers joining together with the object of selling their own produce.
2.MAIN OBJECTIVES OF COOP MKG. SOCITIES:
1. To provide remunerate price for the Agril. Produce of farmers.
2. To provide Agril. inputs at the Right Price and at the right time and
to decrease the cost of the production of Agril. Produce.
3. To act as the Govt. Agent for the Procurement of Agril. produce
at Minimum Support Price (MSP) on commercial basis.
3. OBJECTS OF MKG. SOCIETY
The main object for. which growers organize a co-operative Mkg.
Society is to enable them to market their purpose their best advantage and
for this purpose to streamline the whole process of movement of goods to
the consuming market.
In brief, the chief objects and aims of a cooperative marketing
society are:
i)
To Strengthen the bargaining Capacity of the cultivator.
ii)
To secure the members a Better Price for the produce.
iii) To eliminate middleman.
iv)
v)
vi)
vii)
viii)
ix)
x)
xi)
xii)
10.To work as Agent of Govt. for storage & distribution of PDS items.
5. ORGANISATIONAL SET UP OF MKG SOCIETY
Location
- Block level
(Panchayat Samiti H/Q)
- Taluka Level
(Tehsil Level)
- Mandi Level
(Catchment Area)
- Market centre
Area of operation:- According to the needs & requirements of
business.
Members:
i)
PACS/ LAMPS/FSS
ii)
Individuals Growers (cultivator) farmer in the area
of operation (producer member)
iii) State Govt.
MANAGEMENT:
BOARD OF DIRECTORS ;
Chairman alongwith other Directors are elected and they
manage the affairs of the Marketing Society. Other staff like Chief
Executive Officer, Sr. Manager, Manaager, Administrative Staff,
Accountant, Cashier, Sales Officer, Sales Assistants, Sales man, Vehicle
Driver and Chowkidar, Peon etc. are there to lookafter different work in
the Society.
SOURCES OF FUNDS;
1. Share Capital
2. Reserves
3. Provisions
4. Un-distributed profit.
5. Deposits from Members.
6. Borrowings from Coop. Banks & other Banks.
7. Borrowings from NCDC (for construction of Godowns.)