Question

Write the objectives of various cooperative societies.​

Answer 1

$\huge \tt \red{ANSWER}$

Co-operative societies have a lot of objectives:

• To provide services and not run to earn any profit,

• To help those who are in need, not compete

• To undertake all the activities with keeping in mind the aim which is, the benefit of others.

• To provide support and services to the members of the society and not to earn the profit

• To help each other mutually and not to have competition

• To practice fair and transparent business activities

• To deliver the quality goods and produce to the end customers

The objectives of a housing cooperative society

• Advance loans for the construction of buildings

• To promote economic interests

• Encourage savings

• Agricultural cooperative society – The main objective of an agricultural cooperative society is to promote and process farm products and for optimum purchase and production of the products.