plz gave me a detailed note for Recent trends in co-operative movement in the special reference to kerala. ..
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The co-operative movement in Kerala has a long history. The movement started in Kerala long before the attainment of independence. In 1946 there were 1669 co-operative societies with a share capital of 32 lakhs of rupees.
There are at present about 14000 co-operative societies under the Registrar of Co-operative Societies. Of these 10,503 societies function satisfactorily. They include the apex institutions like the State Co-operative Bank, the State Agricultural and Rural Development Bank, 14 District Co-operative Banks, 60 Urban Banks, 48 Primary Agricultural and Rural Development Banks and 1602 primary Lending Societies. The total deposit in the co-operative sector is 40,000 crores. About 75% of this is distributed as loans.
Co-operative institutions were developed in Kerala as a result of mass struggles and peoples' participation. Compared to the movements in other States, the co-operative movement in Kerala is more comprehensive and creative. Land reforms have played a great role in Kerala's development. Along with this co-operative movement has played a great role in freeing the people from the clutches of illicit money lenders who extracted heavy interests.
Apart from functioning as a service sector, the co-operative movement also serves as an employment sector also. About 40,000 persons are employed in the co-operative societies coming under the jurisdiction of the Registrar of Co-operative Societies. If all the employees working in the entire co-operative sector are taken together, it may exceed one lakh. It has great importance as a sector which employs an enormous number of employees both directly and indirectly.
There are at present about 14000 co-operative societies under the Registrar of Co-operative Societies. Of these 10,503 societies function satisfactorily. They include the apex institutions like the State Co-operative Bank, the State Agricultural and Rural Development Bank, 14 District Co-operative Banks, 60 Urban Banks, 48 Primary Agricultural and Rural Development Banks and 1602 primary Lending Societies. The total deposit in the co-operative sector is 40,000 crores. About 75% of this is distributed as loans.
Co-operative institutions were developed in Kerala as a result of mass struggles and peoples' participation. Compared to the movements in other States, the co-operative movement in Kerala is more comprehensive and creative. Land reforms have played a great role in Kerala's development. Along with this co-operative movement has played a great role in freeing the people from the clutches of illicit money lenders who extracted heavy interests.
Apart from functioning as a service sector, the co-operative movement also serves as an employment sector also. About 40,000 persons are employed in the co-operative societies coming under the jurisdiction of the Registrar of Co-operative Societies. If all the employees working in the entire co-operative sector are taken together, it may exceed one lakh. It has great importance as a sector which employs an enormous number of employees both directly and indirectly.
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