Elections to Cooperative Credit Societies 2012-13 Announcement of incentive award


Government of Andhra Pradesh have issued orders to award an Incentive of Rs.5,000/- ( Rupees Five  Thousand only ), to those primary agricultural Cooperative Societies which elect their Managing Committee members and Office  bearers unanimously during  cooperative elections which was   held in the month of October, 2005.

Government of AP have issued orders sanctioning  for payment of total amount of Rs. 51.75 lakhs towards incentive amount to the 1035 PACS  at the rate of Rs.5,000/- each.

The  Commissioner for Cooperation and Registrar of Cooperative Societies, A.P. Hyderabad among other things has stated  to increase the amount of incentive award from Rs.5,000/- to Rs. 5.00  lakh and the amount awarded towards incentives may be utilized for the purposes of infrastructure development, such as buildings, godowns, compound walls etc., working capital i.e., for credit and Non-credit businesses in the society and stated that in the previous Cooperative credit Societies Elections approximately 1101 PACSs were elected unanimously and if the average is taken as 1000 PACSs, the approximate expenditure would be around Rs. 50.00 crores as one time grant and requested the Govt. to examine and issue the appropriate orders in the matter.

Government have examined the above proposals of  the  Commissioner for Cooperation and Registrar of Cooperative Societies, A.P. Hyderabad in detail and after careful consideration, hereby decide to award an Incentive of Rs.2.00 lakhs  (Rupees two lakhs only) to those Primary Agricultural Coop. Societies which elect their Managing Committee members and office bearers  unanimously during the ensuing Cooperative elections scheduled to be held in the month of January/February,  2013.

This order issues with the concurrence of Finance (Exp. A & C ) Department vide their U.O.No.137/12/A2/EAC/13, dated 07-01-2013.

The  Commissioner for Cooperation and Registrar of Cooperative Societies, A.P. Hyderabad is requested to take further action in the matter accordingly. cooperative elections which was   held in the month of October, 2005.

Government have issued orders sanctioning  for payment of total amount of Rs. 51.75 lakhs towards incentive amount to the 1035 PACS  at the rate of Rs.5,000/- each.

The  Commissioner for Cooperation and Registrar of Cooperative Societies, A.P. Hyderabad among other things has stated  to increase the amount of incentive award from Rs.5,000/- to Rs. 5.00  lakh and the amount awarded towards incentives may be utilized for the purposes of infrastructure development, such as buildings, godowns, compound walls etc., working capital i.e., for credit and Non-credit businesses in the society and stated that in the previous Cooperative credit Societies Elections approximately 1101 PACSs were elected unanimously and if the average is taken as 1000 PACSs, the approximate expenditure would be around Rs. 50.00 crores as one time grant and requested the Govt. to examine and issue the appropriate orders in the matter.

Government have examined the above proposals of  the  Commissioner for Cooperation and Registrar of Cooperative Societies, A.P. Hyderabad in detail and after careful consideration, hereby decide to award an Incentive of Rs.2.00 lakhs  (Rupees two lakhs only) to those Primary Agricultural Coop. Societies which elect their Managing Committee members and office bearers  unanimously during the ensuing Cooperative elections scheduled to be held in the month of January/February,  2013.

This order issues with the concurrence of Finance (Exp. A & C ) Department vide their U.O.No.137/12/A2/EAC/13, dated 07-01-2013.

1. G.O.Rt.No.948, A & C (Coop-V) Department, dated 04-10-2005.

2. G.O.Rt.No.476, A & C (Coop-V) Department, dated 27-04-2007.

3. From the CC & RCS, HYD. Lr.No.2552/2012/Election Cell, dated 21-12-2012.

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