In Baroda, a cooperative society has been serving government employees for 115 years. This institution was started in 1910 under the guidance of Maharaja Sayajirao Gaekwad. Today, it has over 11,000 members from various government departments. The society aims to provide financial assistance and support to its members during difficult times. It was founded by 13 officials of the Baroda State, including prominent leaders of the time. The society began with just a small group, but it has grown significantly over the years. It is now known as the Government Servant Cooperative Credit Society Limited.
Initially, the society operated from rented premises in the Shastri Pole area of Baroda. With time, it purchased land and built its own office. The society provides loans to its members, which have increased over the years. As of now, members can borrow up to INR 20 lakhs. This financial support has helped many members realise their dreams, such as buying homes or funding weddings.
The society also offers various benefits, including health assistance, annual gifts, dividends, and educational support. This year, the cooperative has over 11,347 members and reported a profit of INR 1.86 crore. The cooperative is a testament to the power of teamwork and community. During the ongoing Cooperative Week, the society reflects its motto of achieving prosperity through cooperation.
Maharaja Sayajirao Gaekwad’s vision for cooperative activities has had a lasting impact on the society. The Maharaja encouraged employees to engage in cooperative work to foster a sense of community and support. As a result, many government employees have benefited from the financial services provided by the society. Today, it stands as a pillar of support for government workers in Baroda.
The cooperative has adapted to changing times, continuously improving its services. For instance, it has increased the loan limits to match current salary standards. The society has also maintained a strong audit rating since 1981, demonstrating its financial health and reliability.
Looking back, the cooperative has not only provided financial assistance but has also played a key role in the social upliftment of its members. It has helped in building strong communities and supporting families during tough times. The cooperative embodies the spirit of collaboration and mutual aid, which was the vision of its founder, Maharaja Sayajirao Gaekwad.
As the cooperative celebrates its 115th anniversary, it continues to inspire and support its members. The society is committed to maintaining its legacy while adapting to the needs of modern-day employees. Through its services, it aims to empower government workers and contribute to their financial stability and well-being. The cooperative stands as a model for others, showcasing how collective effort can lead to lasting success and community development.
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