Welcome to the world of Karnataka State Souharda Federal Cooperative Ltd, the first Apex Body of New generation cooperatives in India. Souharda Federal Cooperative is a democratically elected self-regulatory organization of the cooperatives registered under Karnataka Souharda Sahakari Act, 1997.Read More...
India is celebrating centenary celebration of Cooperative Law. The first Cooperative Law of India The Cooperative Credit Societies Act, 1904 was passed on 25th March 1904.
Karnataka has a special place in the Indian cooperative sector, as it is one of the first states to have started the movement. We are proud to say that, the first agricultural credit cooperative society in Karnataka started in a village called Kanaginahaala, Gadag district, in 1905. In the same year, a consumer cooperative society also started in Bangalore.
After unification of states in 1956, The Mysore Cooperative Societies Act, 1959 was enacted which applies to whole Mysore State. It came into force from June 1, 1950. Mysore State was renamed as Karnataka in 1973 and the Act was also renamed as Karnataka State Cooperative Societies Act, 1959.
The basic guidelines for the formation of Co-operatives under Karnataka Souharda Sahakri Act, 1997 are as follows:
- Coop Movement
- Souharda Act
- Souharda Court