What is co-operative sector industry
Answers
Answer:
Explanation:
Cooperative sector industries are owned and managed by a group of people. Generally the members are the producers of raw materials. Examples of such industries are handloom, food processing and diary products. Amul is a example of cooperative sector society.
OR
These industries are owned and operated by the producers or suppliers of raw materials, workers or both. The resources are pooled by each stakeholder and profits or losses are shared proportionately. AMUL which is milk cooperative is a good example. The sugar industry in Maharashtra is another example.
OR
Cooperative sector : these sector or industries are owned and operated by the producers or suppliers of raw material , workers or both .They pool in the resource and share the profit or losses is proportionality such as the sugar industry in Maharashtra the coir industry in Kerala
Answer:
these industries owned and operated buy a producer or supplier raw material for an example dairy milk and sugar products