Question 1(a) · 10 marks · 149 words written
Opening · a definition
Cooperative Society is an egalitarian group that collectively works for common goals. Its based on equality and partnership sharing.
In villages they enjoy focal position as
Body · points
- Primary credit Socities (PCS) give cheap loans
- Pool in resources for collective gains and value addition eq AMUL,
- Increases community bonding (social cohesion) → eq Kudumbashree
- Provides cheap resources eq IFFCO fertilizer, HAFED
- Creates non farm jobs eg. Farmer Producer Organisations,
However there are dysfunctional aspects also
- Elite capture - Daniel Thorner highlights that few rich control decisions
- Government interferences led to slow cooperative growth in UP, Bihar, Jharkhand. while its absence flourished them in Gujarat, Maharashtra.
- Corruption, crony capitalism exists
- Recent FCRA norms amended to curb black money laundering
- Create interests groups which jeopardise larger goals.
Close · a summary
Need for reforms exists in cooperative movement. It has enabled village societies by giving them voice