Historical Perspective Of Co-operatives in Indian Context

The Co-operative Movement, which has an ultimate goal of streng accordinglying the position of economically weaker sections, house call for a real contribution towards the progress of acquire community. everywhere 96 yrs co-operative activity has been undertaken and since, it got a legal word sniff out after the co-operative computer address society act was passes in 1904. The primary(prenominal) objective was to combat indebtness and provide realisation to the agriculturalist. With reference to the agro commonwealth of Indian deliverance the co-operative sector has played a real(a) role in the process of lending a overhaul hand for economic upliftment. With the passing of time, the co-operative act was amended, with a net profit result that co-operation, expanded its role, from a mere agriculture credit provider to helping, in other inputs, like seeds, fertilizers, pesticides, storage, marketing and processing. It in any case expanded into wholesaling and retaili ng trade, consumer distribution, rural and pocketable industries, urban credit, upbringing of co-operative personnel etc. The Co-operative Movement has left hand no sector of the economy untouched. But in malevolence of its existence, for almost a century, it has in spades not shown an outstanding growth. To study the growth and progress of co-operative purport we have to look tooshie in the history. The first enactment in the field of Co-operation in India was on the Co-operative Credit ball club for releasing the farmers from the seize of moneylenders.

It was Co-operative Credit Societies human activity 1904, thereafter came the Co-operative Societies Act 1912. In order to! suit the circumstances existing in disparate provinces, need was felt to have separate regulation for the occurrence province .The Bombay province then enacted the Bombay Co-operative Societies Act 1925. It is then replaced by Maharashtra Co-operative Societies Act 1960 and Rules 1961. Books:1)Co-operatives- G.S Kamath2)Co-operatives- RamkishenInternet Website (Research):1)Www.hindunet.com2)www.indiatimes.com3)pib.nic.in/feature/fe0299/f1202992.html4)http://www.geocities.com/kstability/learning/banking2/coop-banks.html---R.Kanhah If you want to start up a full essay, order it on our website: BestEssayCheap.com

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