Objective of the Federation

Objects

The objects of FISHCOPFED shall be to facilitate coordinate and promote fishing industry through cooperative and for this purpose to undertake, organize and develop production, processing, storage and marketing of fish and fish products and to manufacture and distribute machinery, implements and other inputs required by the fishing industry. In furtherance of these objectives, the FISHCOPFED may undertake one or more of the activities;

(i) to undertake or promote own or on behalf of its member institutions, inter-state, intra-state and the international trade and commerce in fish and fish products and undertake, wherever necessary, sale, purchase, import, export and distribution of fish and fish products and other articles and goods from various sources for pushing its business activities and to act as the agency for canalization and import and inter-state trade of fish and other commodities or articles and to facilitate these activities, wherever necessary, and to open branches/sub offices and appoint agents at any place within the country or aboard;

(ii) to undertake purchase, sale and supply of fish and fish products, marketing and processing requisites such as machinery, spare parts, and other fisheries requisites;

(iii) to act as an insurance agent and to undertake all such works which is incidental to the same;

(iv) to organize consultancy work in various field for the benefit of the member cooperative institutions;

(v) to undertake manufacture of fishing vessels, marine engines and other fishery requisites by setting up manufacturing units either directly or in collaboration with or as a joint venture with any other agency, including import and distribution of spare parts and components for upkeep of the fishing vessels and gears etc;

(vi) to set up storage units including cold storage for storing various commodities and goods by itself or in collaboration with any other agency in India or aboard;

(vii) to maintain transport unit of its own or in collaboration with any other organization in India or aboard for movement of goods on land, sea, air etc;

(viii) to undertake marketing, research and dissemination or market intelligence;

(ix) to subscribe to the share capital of the other cooperative institutions as well as other public and joint sector enterprises, if an when considered necessary for fulfilling the objective of FISHCOPFED;

(x) to arrange for training of employees of the fishery cooperative societies, State Fishery Departments and State Cooperative Departments;

(xi) to establish processing units for processing and preservation of fish and fish products;

(xii) to undertake grading, packing and standardization of fish and fish products;

(xiii) to acquire, take on lease or hire lands, buildings, fixtures and vehicles and to sell, give on lease or hire them for the business of FISHCOPFED;

(xiv) to advance loans to its members and other cooperative institutions on the security of goods or otherwise;

(xv) to do all such things or undertake such other business or activities as may be incidental or conductive to the attainment of any or all of the above subjects;

(xvi) to ensure compliance of the cooperatives principles;

(xvii) to make model bye-laws and policies for consideration of its member cooperatives;

(xviii) to provide specialized training, education and data base information;

(xix) to undertake research, evaluation and assist in preparation of perspective development plans for its member cooperative;

(xx) to promote harmonious relations amongst member cooperative;

(xxi) to help member cooperative to settle dispute among themselves;

(xxii) to undertake business services on behalf of its member cooperatives, if specifically required by or under the resolution of the general body or the board, or bye-laws of a member cooperative;

(xxiii) to provide management development services to a member cooperative;

(xxiv) to evolve code of conduct for observance by a member cooperative;

(xxv) to evolve viability norms for a member cooperative;

(xxvi) to provide legal aid and advice to a member cooperative;

(xxvii) to assist member cooperative in organizing self help; and

(xxviii) to develop market information system, logo brand promotion, quality control and technology up gradation.