Annual Conference of 15 Cooperatives Kick Starts Today

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                                                                The first day of the 17th Annual Conference

Mundgod 22nd August : Sonam Topgyal Khorlatsang, Home Kalon, CTA graced the inaugural function of the 17th Annual Conference of 15 Tibetan Cooperatives at Doeguling Settlement, Mundgod as the Chief Guest on 22nd August, 2017. Also present were Geshe Lobsang Phendey, Tibetan Parliamentarian, Chimey Rinzin la, Secreatry, DOH, CTA and Choephel Thupten la, Chief Representative, South Zone Bangalore, Sirsi DCC Bank Managing Director and representatives of various monasteries and NGOs.

Over 60 Tibetan co-operators including Chairman, Secretary and Board member of 15 co-operatives, Executives of Federation of Tibetan Cooperatives in India Ltd., have come to take part in the Conference.

During the function, Mundgod Cooperative Soceity was honoured by FTCI for the successful completion of 50 years of community service.

10 of the Nyamdel Scholarship Winners were also declared through lucky draw and a book on “50th Anniversary of Mundgod Cooperative Soceity” was unveiled by the Chief Guest.

During the conference, 15 co-operatives present their annual report and financial statement, followed by question and answer session. Also, review on implementation of resolutions passed in the previous meeting is done.

On the following day, conference participants discuss on agendas in-group and submit their report and subsequently resolutions are passed for implementation.

On the final day, certificate of appreciation is presented to four of the cooperatives under the following categories.

  • Best service provided to its members in the financial year 2016-17
  • For earning gross profit in every sections of the cooperativ soceity and net profit for the cooperative society in the financial year 2016-17
  • Starting a new business activity in the financial year 2016-17
  • Exemplary presentation of 2016-17 Annual Report and Annual Financial Statement

Organized by FTCI and coordinated by Mundgod Co-operative Society from 22nd to 24th August, the 3-day conference is held to deliberate on agendas concering establishment of sustainable Tibetan settlements and and enhancing the business activities of Tibetan cooperative soceities.

Discussion on revival of existing business units, new project, efforts to secure financial assistance from the respective state government and central government for benefit of share members and general public are also made during the conference.

At the same venue, 2nd Quarter Board Meeting of FTCI and 13th General Body Meeting of FTCI was held on 19th, 20th and 21st August respectively.

                                         Inauguration of the 17th Annual Conference of 15 Tibetan Cooperative Societies