what are cooperative socities????
Answers
The cooperative socities are the socities which are run by the local people , who are democratically elected by the people. These cooperative socities provide people the basic necessities of life like foodgrains , milk , vegetables , etc. at reasonable rates.
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Answer:
A cooperative society is not a new concept. It prevails in all the countries, this is almost a universal concept. The cooperative society is active in all countries worldwide and is represented in all the sectors including agriculture, food, finance, healthcare, etc.
To protect the interest of weaker sections, the co-operative society is formed. It is a voluntary association of persons, whose motive is the welfare of the members.
individuals having common needs who join hands for the achievement of common economic interest. Its aim is to serve the interest of the poorer sections of society through the principle of self-help and mutual help. ... Cooperative Societies Act is a Central Act.
