This is the village based Co-operative Society of the Horticulturists from all over Goa. The Society is known for the disciplined working with the objective as under:
Members are given maximum rates for their horticultural produce.
The Consumers are supplied with quality goods at reasonable rates.
Ready market place is made available for the goods produced by small scale and Home Industries, this generates employment and economic prosperity.
The Employees of the Society are offered best terms and conditions.
The Society pays good amount to Govt. in the form of Sales Tax, Income Tax, TDS, Market Fees etc. Also this Society is the medium for implementation of various Govt. Schemes to horticulturists.
This Society has made available all the commodities to general public under one roof and keep price stabilization and control on the market.
In the year 1982 the Society inaugurated its own multistoried building at Ponda-Goa and named it as Bagayatdar Bhavan. Further the Society developed its own premises at Bicholim, Canacona, Marcel, Valpoi and very recently at Sanquelim.
The year 1988-89 was celebrated as the Silver Jubilee Year of the Society. This year was a milestone in the progress of the Society.
The first Bagayatdar Bazar with self service counter was started at Ponda in the year July 1989 and this Bazar lead to a big success for the Society. With this success story of Bazar concept the Society started spreading its wings and opened new Bazars at different location culminating into ten (10) Bazars presently. The Society continued to enjoy the Audit Rating ‘A’ for last many years.
The Goa State Co-operative Federation declared “Goa Bagayatdar” as the “Best Co-operative Society” in the Year 1999. The Society also bagged following two prestigious awards as under.
The Society was registered on 31st July 1964 in the name of “Central Supari S.K.V. Society Ltd.,” at Ponda – Goa with the initial capital of Rs.10,500/- contributed by 116 members. In this first year of operation itself the membership increased to 250 and share capital went upto Rs.31,800/- including contribution of Rs.15,000/- from Govt. of Goa. The area of operation was limited to entire state of Goa.
The Society was started with the principal objective to secure better price for the Arecanut produced by the member. The Society registered a nominal Profit of around Rs.800/- in the first year of its operation. This was small but successful beginning for the Society. This was achieved with the staff component of two persons one Secretary and one Clerk.
During the year 1975 a revolutionary change took place as Govt. decided to merge “Goa Coconut Producers Co-op. Marketing and Processing Society at Margao with Supari Society and hence the name of Society was changed to “Goa Bagayatdar S.K.V.Society Ltd.,” Further in the year due to increase in the paid up capital the name of the Society was changed to Goa Bagayatdar Sahakari Kharedi Vikri Saunstha Maryadit.
The Society has satisfaction that it observes and implement fully all the principles of Co-operation which are essential for Co-operative Sector. These principles are listed below :
Voluntary and open Membership: The Society has kept membership open to any horticulturist (having horticultural land under his cultivation) from Goa. Membership is given to both Men and Women without any discrimination on the basis of caste, creed and religion. Besides this we have Co-operative Societies as its members. We are also enrolling nominal members, who may not have horticultural land under their cultivation, but who are otherwise valid customers.
Democratic Member Control: The Annual General Body Meetings are largely attended by the members from all over Goa and are well interactive. The members make very valuable suggestions with respect to the policies of the Society. The Society has an elected Board of Directors and the members have equal voting right. The election for the Board of Director’s are held after every four years and Chairman/Vice Chairman are elected every year. The Society is professionally managed with a professional and experienced Managing Director and the Staff.
Autonomy & Independence: This Society does not have any political interference or pressure from Govt. or from any external agency. This Society is well known for its Co-operative autonomy. This Society runs its business on its own terms and conditions subject to the control of the board elected by the members.
Member Economic Participation: The Bye laws provide that the members while selling the produce to the Society have to buy shares at least equal to 5% of the value. The Society has built up reserves as the member preferred low dividends. The members bring in deposits as and when the Society needs money for its business. The Society also pays them better rates of interest (but lower than the borrowing rate through banks) while buying the produce from the members, at least one percent additional incentive is given.
Education, Training & Information: The farmers are imparted training from time to time in Co-ordination with Agricultural Dept. and ICAR on the related subject, under various State & Central Govt. Schemes and projects. The Society also conducts various training workshop/programmes, for the employees on the topics like Customer Relationship, Selling of pesticides and fertilizers, Computer training etc. The reputed Industrial Organizations like Zuari, Kirloskar etc. in co-ordination with this Society conducts training programmes for farmers and members of this Society on the issues realted to agriculture.
Co-operation among Co-operatives: The Society is a member of Goa Rajya Sahakari Sangh. Although the transactions are on mainly cash basis, the Society gives credits while doing business with Co-operative Societies. The Society has 59 Co-operatives Societies as its members and one Director is elected by such Co-operative Society Members.
Concern for Community: The Society does the community service by timely providing the general public all the essential commodities under one roof at low rates. The Society plays the roll of controlling the market prices during the recess time i.e. during trade strikes, scarcities of commodities etc. We also encourage excellence by giving awards annually to the children of members and employees.
Socio-Economic development: The Society has ensured Socio-Economic development and also brought into its fold women and weaker sections through out Goa, by effectively controlling the price level in the state. The Society has continuously obtained Audit rating ‘A’ class for last many years.
Commercial / Business Activities
Initially Society was established with the motive of trading Supari from the State of Goa. However due to competition in the market and changing Govt. Policies the Society also started spreading in the following business.
Buying and selling of Agriculture produce like Arecanut (Supari), Cashewnut, Coconut, Black Pepper, Otum Sol, Kokom Sol etc.
Selling of Agricultural inputs i.e. Fertilizers, Seeds etc
Selling of Cattlefeed
Selling of Agricultural Equipments & Irrigation System