Pages

Saturday, March 31, 2012

2012 - International Year of Co-operatives


March 31st 2012.

Another financial year ends…… Now, its time for revealing the exact figures for the last financial year, 2011 -12. Companies and Official bodies will now check how much they have spent out of the estimated budget. The profit and loss statement will be out within a month or so. But where is the common man.

He is there not affected by any of the statistics provided by the company corporate or government. They are still trying to live hard in this global environment. They live to make two ends meet. They are not run by the profit of the corporate houses. They all wait for the next hike in the salary. Expenses have shoot up. Price of Onion and vegetables have increased. Food Grains are now costlier. They need a hike in salary.

Subsidy will be provided to people below poverty line. And where is this poverty line – Persons who earn below Rs 28 and Rs 22 come under this line. SO NOW IN INDIA NO POVERTY…

Cooking Gas is costlier but no subsidy since people are above poverty line. No farm subsidies since people are above poverty line. Farmers do not  get the finance as it been taken away by the NBFCs.

Strengthening of Co-operative sector has never been an objective for the government. I am not here to say about the importance of co-operative sector, but it’s the real alternative for the common man to fight against the evils of privatisation of the economy. This year 2012 has been declared as the International Year of Co-operatives. But how much one knows about the matter. I don’t think any one seem to be really interested in the co-operative sector.

If we do not wake up now, then we are lost and it will be so late for us to be back to the forefront. 

No comments: