Question

Write short notes on Recommendations of Vaidyanathan Committee.

Answer 1

The Cooperative Credit Structure plays an important role in delivering Agricultural and Rural credit. That the structure has become weak and requires immediate attention is well recognized. The issue is where to begin and how to go about the process of revival. This was the brief given to The Task Force on Revival of Cooperative Credit Institutions. Several committees have examined the problems facing the Cooperative Credit Structure in the recent past such as the Kapur Committee (1999), Vyas Committee (2001) and more recently the Vikhe Patil Committee (2002).