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CMAs NATIONAL COOPERATIVE CONCLAVE TO CELEBRATE OF ‘THE INTERNATIONAL COOPERATIVES DAY’

New Delhi, The Institute of Cost Accountants of India joined hands with the National Council for Cooperative Training (NCCT) in jointly celebrating the ‘International Cooperatives Day’ on the 6th July 2024. Both the bodies jointly organized a ‘National Cooperative Conclave’ at New Delhi, and other small and big Programmes across their Chapters and Regional Councils on pan India basis.

This is the first time the ICMAI has begun to celebrate this Day with its newly formed unit the Cooperative Development Board. The Board , since its inception has been functioning in full swing with close liasoning with the national and international bodies working for the aide and development of Cooperatives.

The Conclave at New Delhi received best wishes and a special message from Shri Krishan Pal Gurjar Ji,  Hon’ble Minister of State, Ministry of Cooperation and Dr Ashish Kumar Bhutani, IAS, Secretary, Ministry of Cooperation.

The speakers at the Conclave include eminent dignitaries and resource persons from the National Council for Development of Cooperatives (NCDC), International Labour Organization (ILO), International Cooperative Alliance (ICA) and the Social Auditor’s Organization (SRO) of the ICMAI.

The Conclave was a huge success having a houseful of the limited seats available in physical mode and astonishing LIVE viewership from across the 117 Chapters and 4 Regional Councils of the ICMAI; and 20 Training Institutes of the NCCT including ICMs, RICMs and VAMNICOM.

The Conclave had deep delving on key issues pertinent to the development of Cooperatives including:  (i) The statutory and non-statutory obligations for the functioning of Cooperatives (ii) the human rights and essential work conditions for the workers and members of the Cooperative Societies (iii) The Entrepreneurial zeal in Youth leading to successful Cooperatives (iv) skills required for successful Cooperatives models, and (v) success factors for sustainable development of cooperatives.

The President (ICMAI) CMA Ashwin Dalwadi congratulated and applauded the efforts of the Chairman (CDB), Shri Navneet Kumar Jain and Secretary (NCCT), Shri Mohan Kumar Mishra. After the two bodies have signed an MOU in the month of April 2024, the two pioneers have been working relentlessly towards making the support structure of the Cooperatives even more robust by working on their training and education needs.

At the Conclave, once again, the role of cost accountants in making cooperatives a sustainable working model was substantiated by all participating stakeholders as the professional acumen of cost accountants can lead to a zero defect functioning model of cooperatives with robust internal controls, cost management, compliance and tax management, strategic planning and effective MIS systems.


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