How did agricultural cooperatives in india helped the sectoral growth? Explain briefly.
250 words
Answers
Answer:-
- It provides agricultural credits and funds where state and private sectors have not been able to do very much.
- It provides strategic inputs for the agricultural-sector; consumer societies meet their consumption requirements at concessional rates.
Answer:
The Centre for Study of Developing Societies (CSDS), which is based in Delhi, conducted a survey in five thousand agrarian households spread across 18 states in India. From the findings of the survey, it became evident that seventy-six per cent of the farmers would in reality, prefer to engage in some other means of earning a livelihood. There is also an observable pull towards the urban areas, as sixty-one per cent of the farmers confirmed that they would like to be employed in urban area owing to better opportunities available there in terms of health, education and occupational avenues. Agriculture has been increasingly becoming lesser and lesser attractive due to repeated losses as a result of unprecedented weather conditions, floods, droughts and pest attacks. The situation was further being compounded by mounting debt