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6 2021-2022 7,40,11,718 1,80,92,000 71,70,190 1,09,21,810
7 2022-2023 7,00,00,000 1,96,00,000 1,63,00,000 33,00,000
Total Savings / Surplus 3,85,22,539

On request of the Staff of the society, the subject placed in the Board of Directors
Meeting vide Board Resolution No.589,dt:24-03-2023, it is resolved to “Deferred” –
After obtaining approval of PRC-2010 and 2015 from CC&RCS, the PRC-2022 to the
Staff of Society may be implemented.

Further it is to submit that the TTD Employees Co-Op. Credit Society is purely
running with its own funds and the financial assistance of the TTD/CDCC Bank Ltd. The
society is not having any financial assistance from Government since its inception. The
staff of the society again requested to adopt PRC-2022 to them.

On the request of the staff of the society, the subject was one again placed
before the Board to accord necessary approval for implementation of the RPS-2022 and
other allied G.O.’s including AAS with retrospective effect issued from time to time by the
Government, applicable to the staff of the Society as in previous and to place it before
General Body meeting for its approval on the recommendation of the Board of Directors,
wherein the Board vide Res.No.604, dt.29.4.2023 deferred the subject and also resolved
that the subject of extending RPS-2022 to staff of society shall be considered only after
obtaining orders for RPS-2010 and RPS-2015 from Cooperative Department. However,
the staff requested the President to take the subject of RPS-2022 to the General Body as
G.B is competent authority to take decision on implementation of the Revised Pay
Scales. As such, the subject was placed before the General Body meeting held on
19.5.2023, wherein the G.B vide Sub .No.5, dt.19.5.2023 deferred the subject.

As such, the subject is once again placed before the Board of Directors for
recommending the subject of Revised Pay Scales-2022 to the General Body for taking a
decision.

Hence, the subject is placed before the General Body meeting for taking a
decision on extending / implementing Revised Pay Scales, 2022 along with applicable
allied G.Os to the staff of TTD Employees Cooperative Credit society Ltd., Tirupati
including retired / deceased staff also in pursuance of G.O. M.S. No.1 Finance
(PC-TA), Dept, dated 17-01-2022.

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