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UMSAW MULTIPURPOSE COOPERATIVE SOCIETY LTD.

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Umsaw Multipurpose Cooperative Society Ltd. is a newly registered cooperative society in East Khasi Hills District which was registered on 21st June, 2004 vide Regn. No. 4. It is situated in Mawlai constituency with its postal address, Umsaw Mawtawar which is 12 Km. from Shillong. In this village the total household is around 50 houses and they engaged themselves in agriculture. Though it is near from the city, yet there is no good communication, the roads are still in kutcha condition but it is understood that the Department for ‘Construction of Roads’ is under progress. So the people used four wheeled vehicles to transport their produces.

The Coop. Society’s main activity is rearing Cattle where they produce milk and supply to Veterinary Department which during the year they sold up to Rs. 13.48 lakhs and setting up of school. Other business undertaken by the Coop. society is marketing of ginger, manure and other local vegetables grown with organic.

The Latest position of this society as on 31.3.2007 is as follows:-

 
Membership 35 Nos.
Annual Turnover 15.10 lakhs
Accumulated Profit 30.89 lakhs
Paid up Share Capital Total   2.04  lakhs
Government 1.00  lakhs
Stocks (Cattle) 4.83  lakhs
Net Working Capital 43.21 lakhs
Value of shed/ school building 10.21 lakhs
Salary of teachers 0.87 lakhs