Administration Report of the Co-Operative Department for the Year 1123 M.E.

The Supervising Inspector audited some of the major Central institutions and superaudited the work of the Organisers and Inspectors of the Department. [...] The total cost of working the Department including the free grant to the Institute and the Unions audit fees paid to the Certified Auditors and subsidy to the Non-credit Societies came to Rs. [...] 4. The cost of working of the Department stoo d at '86 per cent of the working capital of the movement and '09 per cent of the total transactions against 14 and 18 respectively in the previous year. [...] The following are the comparative figures for the last three years.— The following were the salient features of the working of the Bank in the year under report. [...] The disparit „ in profits is due to the substantial fall in transactions on account of the lifting of the control on yarn and handloom cloth by Government in the course of the year.