mention some of the cooperative society in certain areas
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Some cooperative societies that can be found in different areas are:
- Consumer cooperative societies that sell household goods to consumers at low prices like Apna Bazar.
- Cooperative credit societies that provide loans to members at very low rate of interest like Teachers Co-op Credit Society.
- Marketing cooperative societies that market and sell the products produced by farmers at profits. Societies like Milk Co-operatives in Gujarat and Cotton Marketing Coops are examples.
- Housing co-operative societies are the ones that provide housing to low and middle income group people at affordable prices.
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Some of the cooperative society includes housing, farming, consumer and credit schemes.
Explanation:
- A cooperative society is where the business owned by the organization re operated by the groups of individuals for their mutual benefits. There are about six types of cooperative societies in India.
- Such as consumer cooperatives, producer cooperative, cooperative credit, Market cooperative, and a housing cooperative.
- The consumer cooperative societies are for those who buy goods at lower prices. They remove the needs of the middleman example of Apna Bazar.
- Producer cooperatives, re societies that look for small scale producers such as those in the Agri sector. Such as farmers, handicraft producers, and artisans, etc.
- The cooperative credit is an aid provided by the central and the state government as financial subsidies.
- The housing cooperative is commonly found in urban and semi-urban cities. They provide affordable housing schemes to middle and low-income groups.
- Such as Kohinoor's estate housing society. Cooperative farming is the most common type where the farmers pool their resources.
Learn more about the mention some of the cooperative society in certain areas.
- brainly.in/question/11415719 answered by gratefuljarette.
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