One of the primary reasons for setting up the Ministry of Cooperation in July 2021 was to attract “professionals” into the cooperative sector to develop the latter.
Though it is not a cooperative body in itself, the Gujarat Co-operative Milk Marketing Federation (GCMMF), popularly known by its signature brand name Amul, does raise questions on future of professionals entering the sector following its managing director R S Sodhi’s recent “unceremonious” exit.
The January 9 letter from the board’s chairman and vice-chairman to Sodhi that read “Your services as MD are being terminated with immediate effect…it is ordered that you relinquish charge immediately and hand over the same to the COO”, is not something that a future co-operative sector professional would want to read.
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
Subscribe To Insights
Key stories on business-standard.com are available to premium subscribers only.Already a BS Premium subscriber? Log in NOW
What you get on Business Standard Premium?
- Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
- Pick your 5 favourite companies, get a daily email with all news updates on them.
- Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
- Preferential invites to Business Standard events.
- Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.