THE RAYAGADA COLLEGE CO-OPERATIVE SOCIETY LTD. (RAYCOS)
A Co-operative store has been functioning since 1976, it is registered under the Orissa Co-operative Societies Act. The store is also popularly known as RAYCOS. The stores have been started with the following objects.
- Encouragement of self and thrift.
- The purchase of books, stationery and other articles required by the student.
- Dissemination of knowledge on co-operative principles.
- Performance of such other things as may be necessary for the furtherance of the above objects.
All student members or the staffs are eligible to be its members. A member is required to subscribe Rs.11-00 towards share capital and registration. The share capital from the students is collected at the time of the admission into the college.
The store is managed by a member of the Board of Directors. The directors shall be elected by the members of the store for tenure of 04 years as per the procedure prescribed by Co-operative societies Act.