About Us

About Us

Lalupate Multipurpose Cooperative Features

  • Features Are
  • Voluntary, Open Ownership. Open to all without gender, social, racial, political, or religious discrimination. …
  • Autonomy And Independence. …
  • Education, Training And Information. …
  • Cooperation Among Cooperatives. …
  • Concern For The Community.

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Lalupate Multipurpose Co-operative Focuses on Following Criteria

Voluntary membership

This is the first cardinal principle of co-operation. A person who has a common interest and is prepared to be abide by the rules of the society has the right to join the society as and when he wishes to do so, continue in it as long as he likes, and leave it at his will.

Open membership

The membership of a co­operative organisation is open to all irrespective of race, colour, creed, caste, or sex. Within that particular group, no distinction can be made on the basis of race, colour, creed, caste, or sex.

Finances

The finances of a co-operative society are contributed by members through the purchase of shares. Since co-operatives are generally formed by the weaker and poorer sections of the society, their capital collections are meagre.

Registration and legal status

Co-operation is democracy in action.‘One man one vote’ is the basic element of co-operative democracy. But in a co­operative, one member may have 10,000 shares and the other only 1 share, but each would command one vote only and no proxies would be permitted.

Democratic control

Co-operation is democracy in action.‘One man one vote’ is the basic element of co-operative democracy. But in a co­operative, one member may have 10,000 shares and the other only 1 share, but each would command one vote only and no proxies would be permitted.

Education and training

Apart from the characteristics, discussed above, a co-operative society also exhibits the feature of education and training to its members with the purpose of developing co-operation into a well-organized movement..

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