Board of Trustees as on 31.12.2022

WTC : Women’s Thrift Cooperative

AWTC : Association of Women’s Thrift Cooperative

WSWD : Wardhannapet Swakrushi Women’s Dairy

MCC : Milk Collection Centre

Notes:

• Cooperative Development Foundation (CDF) is an association of individuals registered as a society under the Andhra Pradesh Societies Registration Act. The registration number is 547 of 1985. These individuals constitute the Board of Trustees. The CDF works within the framework drawn by the Board.
• Any individual, whose contribution/commitment to the cause of cooperatives has been significant, may be invited by the Board to be a trustee of CDF; provided that the number of trustees is no less than 8 and no more than 12; provided further that the gender equity is maintained in the incumbent trustees.
• Professional designations of trustees have been mentioned in the above list to facilitate easy identification. All trustees serve CDF in their individual capacity.
• A person ceases to be a trustee on 31st December of the year in which the trustee completes 15 years of trusteeship, or on 31st December of the year in which the trustee completes 70 years of age, or on the absence of two consecutive meetings of the Board, or on resignation, or on termination of trusteeship by the Board.
• CDF is registered with the Union Ministry of Home Affairs under the Foreign Contributions Regulation Act of 1976. The registration number is 010 230 087.
• CDF is granted an exemption under Sections 12 and 80G of the Income Tax Act of 1961, through the proceedings of the Commissioner of Income Tax No: 12A&80G/68(06)/04-05 Dt: 07.10.2004.
• M/s Raju Koyyala & Associates, Warangal, do the statutory audit of CDF’s accounts

Origin of Cooperatives

The idea of a cooperative movement has its genesis in the West. The evolution of cooperatives was occasioned by vast economic and political changes, which took place in the eighteenth and the nineteenth centuries. These were sought to meet a situation arising out of the evils of a new industrial society that emerged from the two revolutions, the Industrial Revolution in England and the French Revolution in France. These two revolutions, though promotive of increased national wealth and material prosperity, made many people poor while arresting in its wake social progress. The general conditions of the peasantry were miserable in as much as a peasant had to groan under a heavy burden of taxation and other liabilities, which took away four-fifths of his produce for payment to the King, the Landlord, and the Church. In such an environment, cooperative movements were started by dedicated members of the society to ameliorate the deplorable conditions of the producers, the artisans, the workers, and the like. Rochdale pioneers in England and Raiffeisen in Germany set the pace in the cooperative movement.

Principles of Cooperation

Various forms of cooperation have existed from the very beginnings of the human race, but it was the pioneers of Rochdale, England, who worked out their aims and purposes and committed them to paper in 1844 in a form that identified nine specific rules. These came to be known as the Rochdale Principles of Cooperation and they have guided the formation, development, and identification of cooperatives throughout the world ever since.

The Rochdale Society of Equitable Pioneers opened its store in 1844. The society was registered under the Friendly Societies Act. The Rochdale Pioneers expressed their commitment to certain principles in their constitution, rules, and practices. The principles were reviewed and revised/restated by the International Cooperative Alliance (ICA) for the current relevance, once in 1937, then in 1966, and finally in 1995.