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.

  1. Encouragement of self and thrift.
  2. The purchase of books, stationery and other articles required by the student.
  3. Dissemination of knowledge on co-operative principles.
  4. 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.