The Multi-State Co-operative Societies Act, 2002

THE FIRST SCHEDULE

[See section 3(g)]

CO-OPERATIVE PRINCIPLES

1. Voluntary and Open Membership.—Co-operatives are voluntary organisations, open to all

persons capable of using their services and willing to accept the responsibilities of membership, without

discrimination on bases of gender, social inequality, racial, political ideologies or religious consideration.

2. Democratic Member Control.—Co-operatives are democratic organisations controlled by their

members, who actively participate in setting their policies and decision making. Elected representatives of

these co-operatives are responsible and accountable to their members.

3. Member’s Economic Participation.—Members contribute equitable and control the capital of

their Co-operative democratically. At least a part of the surplus arising out of the economic results would

be the common property of the co-operatives. The remaining surplus could be utilised benefiting the

members in proportion to their share in the Co-operative.

4. Autonomy and Independence.—Co-operatives are autonomous, self-help organisations

controlled by their members. If co-operatives enter into agreement with other organisations including

Government or raise capital from external sources, they do so on terms that ensure their democratic

control by members and maintenance of Co-operative autonomy.

5. Education, Training and Information.—Co-operatives provide education and training to their

members, elected representatives and employees so that they can contribute effectively to the

development of their Co-operatives. They also make the general public, particularly young people and

leaders aware of the nature and benefits of co-operation.

6. Co-operation among Co-operatives.—Co-operatives serve their members most effectively and

strengthen the co-operative movement, by working together through available local, regional, national

and international structures.

7. Concern for Community.—While focusing on the needs of their members, co-operatives work for

the sustainable development of communities through policies accepted by their members.

THE SECOND SCHEDULE

[See sections 3(r) and 116]

LIST OF NATIONAL CO-OPERATIVE SOCIETIES

1.   National Co-operative Land Development Banks Federation Limited, Mumbai.

2. National Federation of State Co-operative Banks Limited, Mumbai.

3. National Co-operative Union of India Limited, New Delhi.

4. National Agricultural Co-operative Marketing Federation of India Limited, New Delhi.

5. National Co-operative Consumer’s Federation of India Limited, New Delhi.

6. National Federation of Co-operative Sugar Factories Limited, New Delhi.

1[7. ****]

8. National Co-operative Housing Federation Limited, New Delhi.

9. Indian Farmer’s Fertiliser Co-operative Limited, New Delhi.

10. All India Federation of Co-operative Spinning Mills Limited, Mumbai.

1[11. ****]

12. National Co-operative Dairy Federation of India Limited, Anand.

1[13.****]

1[14. ****]

15. All India Handloom Fabrics Marketing Co-operative Society Limited, New Delhi.

16. National Federation of Urban Co-operative Banks and Credit Societies Limited, New Delhi.

17. Krishak Bharati Co-operative Limited, New Delhi.

18. National Federation of Fishermen’s Co-operative Limited, New Delhi.

19. National Federation of Labour Co-operative Limited, New Delhi.

1[20. ****]

21. Tribal Co-operative Marketing Development Federation of India Limited, New Delhi.

2[22. National Cooperative Organics Limited, Anand, Gujarat.

23. Bharatiya Beej Sahakari Samiti Limited, New Delhi.

24. National Cooperative Exports Limited, New Delhi.]

1. The Serial numbers 7, 11, 13, 14 and 20 and the entries relating thereto, omitted vide notification S.O. No. 1396(E), dated

21st March, 2023, see Gazette of India, Extraordinary, Part II, sec. 3(ii).

2. Ins. vide notification S.O. No. 1396(E), dated 21st March, 2023, see Gazette of India, Extraordinary, Part II, sec. 3(ii).