Define the terms
4. Co-operative sector
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Co-operative sector industries are operated and owned and by the suppliers or producers of raw materials, workers or both. Cooperative movement was encouraged in every village of India
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Cooperative sector industries are owned and managed by a group of people. Generally the members are the producers of raw materials. Examples of such industries are handloom, food processing and diary products. Amul is a example of cooperative sector society.
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