Question

Write short note on Co-operative movement.

Answer 1

hi


       A cooperative (also co-operative or co-op) is a business organization owned and operated by a group of individuals for their mutual benefit. A cooperative is defined by the International Cooperative Alliance's Statement on the Cooperative Identity as "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through jointly owned and democratically controlled enterprise". A cooperative may also be defined as a business owned and controlled equally by the people who use its services or by the people who work there. Various aspects regarding cooperative enterprise are the focus of study in the field of cooperative economics.

hope it helps u

Answer 2

The co-operative movement in India begun in early 1900's and several Co-operative Society Acts were passed in the same time period. The increase in the Co-operative movement was seen during the war period.

In the year 1945 a planning committee for Cooperative societies was formed which gave certain suggestions:

1) setting up a central committee to look over the work

2) partnership of states and other financing institutions in the country

3) along with the State government the Food and Agriculture government and RBI must also be included in implementing the changes.