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Maha Cabinet Approves Cooperative Act Amendment, Paves Way For 5 Govt-Nominated Directors In Gokul Dairy

Mumbai: The Maharashtra Cabinet on Wednesday approved an amendment to the Maharashtra Cooperative Societies Act, 1960, allowing the government to nominate five members to the managing committees of cooperative institutions with an annual turnover exceeding Rs 500 crore. This move could alter the power equations in Kolhapur's influential Gokul Milk Union. The decision is being viewed as a setback…

Maha Cabinet Approves Cooperative Act Amendment, Paves Way For 5 Govt-Nominated Directors In Gokul Dairy

The Maharashtra Cabinet recently gave its nod to an amendment in the Maharashtra Cooperative Societies Act, 1960. This amendment permits the government to appoint five members to the governing bodies of cooperative institutions, provided their annual revenue surpasses Rs 500 crore. This development is set to impact Kolhapur's dominant Gokul Milk Union.

The move is perceived as a setback for Congress MLA Satej Patil, whose party secured a majority in the most recent Gokul board elections, and as a chance for the ruling Mahayuti coalition to regain control over the influential dairy cooperative.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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