Why most sugar mills are in cooperative sector?
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what are cooperative sector
rishabhrajpulpul:
The industries which are owned and managed by the producer of supplier of raw materials rock or both. They pool in the resource and share the profit or lose proportionally such as the sugar industry in Maharashtra the core industry in Kerala
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HI,
HERE IS YOUR ANSWER,
When the crop is reaped, ten farmers pool together their resources, set up mills within the sugar cane producing areas and produce sugar. The seasonal nature of the sugar industry is combated by setting up cooperative where farmers share the profit and losses.
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