Parameters for success of Versova multipurpose cooperative in Maharashtra

Fishermen co-operatives can be a potent agency for bringing about the social and economic progress of the fishermen community. Streamlining of marketing procedures and provision of infrastructural facilities would result in lowering of production costs and increased benefits accruing to the producers. Another consequence will be an increase in fish yield whereby the problem of the nutritional food gap can be resolved. Success in cooperation is determined by diverse factors like effective leadership and management, loyal and informed members, availability of adequate and timely finance and infrastructure. Proximity to a large metropolis will also have a significant impact on the creation of a favourable environment.

A shrimp cooperative in action

The paper presents the success story of the Bacolod, Negros Occidental based shrimp cooperative, the Negros Prawn Producers' Marketing Cooperative, Inc. (NPPMCI) in integrating prawn production and marketing, and providing services to their members.