Question

write a letter to the minister of cooperative society up requesting him to take meaningful and practicing steps to improve the functioning of to cooperative credit societies in the state for the benefit of the poor credit needing frames​

Answer 1

Answer:

Due to the misuse and abuse of agency system for rural credit by landlords, money lenders, zamindars during British Rule in India, there were great consternation and revolt by farmers in some parts of India . This led to search for some reform models.

Nicholson, a British Officer, heading a commission suggested 'Find Raiffersen in India ', which meant Raiffersen model of German agricultural credit Cooperatives for India . There were other simultaneous recommendation for agricultural credit and the first Cooperative Society Act of 1904 was enacted to enable formation of "agricultural credit cooperatives". The 1904 Cooperative Societies Act was later repealed by 1912 Cooperative Societies Act which provided for formation of Cooperative societies other than credit. In 1919 there was Administrative Reforms and Cooperatives were made a provincial subject making each province responsible for Cooperative movement and development.

In 1942, the Multi-Unit Cooperative Societies Act, 1942 was enacted by the Government of India with an object to cover societies whose operations are extended to more than one state. Later, in 1984, the Government of India enacted a comprehensive Act known as Multi State Cooperative Societies Act, 1984, which also repealed the Act of 1942. On the recommendation of the Mirdha Committee and the "Model Cooperative Societies Act" the Government of India enacted the Multi State Cooperative Societies Act, 2002 which provided for democratic and autonomous working of the Cooperatives. The Multi State Cooperative Societies Act, 2002 came into force with effect from August 19, 2002.