2.1 “ACT” means the Punjab Cooperative Societies Act, 1961.
2.2 “BOARD” means the Board of Directors of the Federation elected as per provision of the Punjab Cooperative Societies Act, 1961 and the rules framed there under and the bye laws of the Federation.
2.3 “CHAIRMAN” means a member of the Board, who has been elected/nominated as a Chairman of the Federation as per the provisions of the Act, Rules framed thereunder and Bye Laws and he should ensure that the policy decisions taken by the Board are implemented and if not such matters will be referred to the Board.
2.4 “DAIRY PRODUCT” means Milk and allied Milk Products.
2.5 “FEDERATION” means the Punjab State Cooperative Milk Producer’s Federation Limited.
2.6 “MILK UNION” means the District Cooperative Milk Producer’s Union Limited affiliated with the Federation.
2.7 “MANAGING DIRECTOR” means the Managing Director of the Federation appointed by the Board of Directors of the Federation.
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2.8 “PROGRAMMING COMMITTEE” as constituted under the Bye laws No.31.
2.9 “REGISTRAR” means Registrar of Cooperative Societies, Punjab or any officer subordinate to him and vested with the powers of the Registrar under Section 3(3) of the Punjab Cooperative Societies Act, 1961.
2.10 “RULES” means the rules made under the Punjab Cooperative Societies Act, 1961.
2.11 “UNIT” Fat and SNF in dairy produce, will be expressed in terms of Unit.
2.12 “COMMODITIES” means Milk, Milk Products, Cattle Feed, Raw or Processed Agriculture products, Dairy and Food packing material equipment machinery.
2.13 “GENERAL MEETING” include Special or Ordinary Annual General Meetings.
2.14 “MEMBER” means the member of the Federation enrolled as per the provisions of the ACT, Rules and the Bye laws.
2.15 “SOCIETY” means any registered Milk Producer’s Cooperative society registered under the Act and affiliated to the respective Distt. Cooperative Milk Producer’s Union.
3. OBJECTS:
The fundamental objects of the Federation shall be:
3.1 To carry out activities for promoting production, procurement processing and marketing of milk and milk products for economic development of the farming community.
3.2 Development and expansion of such other allied activities as may be conducive for the promotion of the Dairy Industry, improvement and protection of milch animals and economic betterment of those engaged in milk production. In particular and without prejudice to the generality of the foregoing objects, the federation may;
3.2.1 Purchase and/or erect building, plants, machinery and other ancilliary equipment to carry out business.
3.2.2 Study problem of mutual interest related to production, procurement and marketing of dairy and allied products.
3.2.3 Purchase commodities from the member and deal with non-members for marketing, dairy and allied products subject to such conditions as may be decided by the Board from time to time.
3.2.4 Establish research and quality control laboratories.
3.2.5 Make necessary arrangements for transport of milk, allied milk products & commodities. 3.2.6 Advise, guide, assist and control of the Milk Unions in all aspects of management, supervision and audit functions.
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3.2.7 Purchase or assist in purchasing raw material, processing material etc.or to collaborate with any other Cooperative Institution/NDDB if need arises.
3.2.8 Arrange to impart training to staff of all the member Unions and Societies.
3.2.9 Own or hold on lease or hire moveable or immovable properties to carry on the business of the Federation and to dispose of the same if not required for the business of the Federation.
3.2.10 “Market its products under its own trade mark/brand name with its Member Union’s trade mark/brand name. For marketing such products in up country market, Milkfed may open its Sales offices anywhere in the country.
3.2.11 Promote the organisation of primary societies and assist members in organisation of Primary Societies.
3.2.12 Plan developmental strategies and programme to increase the volume of procurement and production of the Federation and its members Unions and for its affective marketing.
3.2.13 Render technical, administrative, financial and other necessary assistance to the member Unions and enter into collaboration agreement with any other Cooperative Institution/NDDB, if need arises.
3.2.14 Advise the member Unions on price fixation, Public relations and allied matters.
3.2.15 Create funds for the welfare of the employee.
3.2.16 Undertake periodical supervision and statutory audit of the member Unions and the Societies affiliated to its member Union if authorised by the Registrar, Federation will have also powers to recommend liquidation of any member Union.
3.2.17 Undertake or assist programmes of market research and development.
3.2.18 Establish a Research & Development Association having independent existence to contribute to its funds and to raise funds for the same from member Unions as may be decided by the Board.
3.2.19 Organise and encourage saving schemes and propagate the concept on benefits of the Cooperative movement.
3.2.20 Provide common services cadre for officers and staff of the member Unions.
3.2.21 Encourage fodder production by members or members of the affiliated societies.
3.2.22 To own and rear herd of cattle as may be required to undertake the breeding programmes in the area.
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3.2.23 Prescribe and enforce standards of quality of dairy and allied products to be marketed by the Federation.
3.2.24 Carry out negotiations with Govt./and or other organisations.
3.2.25 Suggest measures for increasing the productivity of the members and assist in implementing the same.
3.2.26 Plan overall production programme of the Federation and its members keeping in view the market strategy.
3.2.27 To ensure against risk of all kind of movable and immovable property of the Federation.
3.2.28 To undertake export of dairy and allied produce.
3.2.29 To undertake consulative service in the field of marketing.
3.2.30 To run a dairy whenever necessary outside the area of operation of the member Union.
3.2.31 Add, generally take whatever steps necessary or proper or conducive or incidental to the attainment of any of these objects and purposes of the Federation.
3.2.32 To provide financial assistance/credit facilities to member Unions on such rate of interest fixed by the Managing Director, Milkfed Punjab, from time to time