Co-operative

Movements in india

-Aseem Pratap
BBM 3rd Sem
147504

Contents
What is Co-operative Movement?
Development of Co-operative
movement in India
Role of Cooperative in Indian Economy
Areas of Significant contribution by the Cooperative Societies.
Sugar Cooperative Society
Dairy Cooperative Societies
Future of Cooperatives in India
References

What is Co-operative Movement?

A movement originating in the industrial areas
of northern England and Scotland in the late
18th century, based on the belief that industries
and commercial concerns should be owned and
controlled by the people working in them, for
joint economic benefit.

Development of Co-operative
movement in India
Cooperative movement in India is more than 100 years
old.
Cooperative movement in India started with enactment
of The Cooperative Credit Society Act 1904
Main objective was to make farmers free from the
clutches of money lenders.
At that time money lenders used to charge 37% to 76%
as interest on money lended to farmers.
In 1904 Act was passed and cooperative was given legal
status.
This was beginning of agriculture credit cooperative
society in India.

 In 1912 another Act was passed for setting up non-agriculture

credit cooperative society in India. That created marketing
cooperative society.
In 1919 cooperative was made state ( at that time provincial
subject)
Cooperative movement in India is one of the largest movement
in World.
545 thousand cooperatives
Membership range to 236 million
Working capital of Rs 34,00,555 million( credit and non credit
cooperative society) is invested in the cooperative societies.
Village coverage - 97%

 Cooperative movement has made tremendous progress in

every aspect of the Indian economy.
Initially cooperative movement was started with
agriculture credit only.
But now it has entered into all fields of economic
activities.

Role of Cooperative in Indian

Economy
In India there is private sector, government sector and
cooperative sector contributing to the economy of nation.
97% villages are covered by cooperatives.
75% rural house hold are covered by coop.
Share of sugar production in cooperatives is 46% Share of
handloom cooperatives is 54% Rubber procurement and
marketing 15% Ice crme manufacturing 45% Oil Marketed (
Branded) 49% Direct employment generation 1.22 million &
Self employment generated for person 15.47%

Areas of Significant contribution by

the Cooperative Societies.

Agriculture Credit
Agriculture Distribution
Agriculture Marketing
Agriculture Service
Agriculture based Industry
Allied agriculture sector.

Sugar Cooperative Society in India

A very prominent agro based industry in India .

324 Sugar cooperative factories in India with Installed
Capacity of 10 Million tones
Sugar factory provide credit, input, and consultancy for
member farmers
Purchase sugar can under buying agreement

Dairy Cooperative Societies

One of the largest and successful cooperative Members

14.47 million Dairy cooperative provide additional income
to the farmers
Employment generation for women 5 million
India has given AMUL MODEL to world for dairy
development.

Future of Cooperatives in India

Cooperative is diversifying in new areas.
Cooperative in entering into power generation, real
estate management, insurance sector, health care sector
& tele communication.
From India AMUL , SEWA are internationally acclaimed
cooperative society.
Dr Vergees Khurean of AMUL and Ela Bhatt have
international name in Cooperatives

References

http://
encyclopedia2.thefreedictionary.com/Cooperative+Movement
http://ica.coop/en/whats-co-op/co-operative-identity-values
http://www.co-operative.coop/corporate/widermovement/