Question

what are cooperative societies?

Answer 1

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Here is your answer.

The cooperative societies plan an important role of supporting in the agriculture in India. Under this system, the savings of individual of different farmers combine together to meet the financial requirements of the needy members of the credit society. It includes short-term structure and long-term structure.

Answer 2

ANSWER

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A cooperative society is a form of organisation where in persons associate together voluntary and on equal basis to further their common interest for example consumers mein join hands to produce goods at cheaper rates by establishment direct contact with manufacturers and thereby eliminating the prophets of middleman similarly people belonging to the working class mein form of cooperative society to provide houses at low cost to the members of cooperative society is based on the principle of self help and mutual and its primary motive is to render service to the members.

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