Question

How does the Co- opreative Benifit poor people in the India

Answer 1

The Cooperative Development Authority (CDA), the government agency in charge of development and monitoring cooperatives in the country gives this definition - a voluntary organization of people who have agreed to pool their resources together in order to undertake an economic enterprise for the purpose of meeting their

Answer 2

They help the rural women to become self reliant.

They provide loans from the bank to the poor without collateral.

It helps them to save their money and use, lend or borrow at any time just like the banks.

It helps the farmers with their income as it provides loans for fertilizers, seeds etc.