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SIKKIM CONSUMER CO-OPERATIVE SOCIETY LTD.

The Sikkim Consumers’ Cooperative Society Ltd., Gangtok was registered on 1975 under the Sikkim Cooperative Societies Act of 1955. The society was setup especially for distribution of controlled cloths and other essential commodities at reasonable rates to the public under the centrally sponsored scheme.

The area of operation of the society extends to the whole of State. The society has its outlets at Mangan, Namchi, and Gyalshing. Presently. the society is mostly dealing on supply of office stationeries to the State and Central Government Departments and also to non-governmental organizations.

Table below shows status of  Sikkim Consumers’ Co-operative Society Ltd.

(Rs. in lakhs)

S1. No   Particulars Unit 2002-03 2003-04 2004-05 2005-06 2006-07 1. Individual  membership No 355 355 355 355 355 2. Number of branches No 3 3 3 3 3 3. Paid up Share Capital Rs in lakh 17.09 17.09 17.09 17.09 17.09 (i)  Of which State Govt. “ 16.73 16.73 16.73 16.73 16.73 4.   Reserves “ 22.24 24.34 49.51 54.21 55.40 5.   Working Capital “ 132.69 142.17 142.17 160.30 160.30 6.   Turnover Business “ 321.64 236.31 262.45 269.27 285.40 7.   Profit/Loss “ 10.94 (NP) 8.43(NP) 11.02 (NP) 5.30(NP) 3.42(NP)

Graph showing business status of Sikkim Consumers’ Coop. Society Ltd.