Co operative


Published on

Published in: Business
1 Comment
  • Hello my dear
    I am Modester by name good day. i just went to your profile this time true this site ( and i got your detail and your explanation in fact the way you explain your self shows me that you are innocent and maturity and also understand person i decided to have a contact with you so that we can explain to our self each other because God great everyone to make a friend with each other and from that we know that we are from thism planet God great for us ok my dear please try and reach me through my email address ( so that i can send you my picture true your reply we can know each other ok have a nice day and God bless you yours Modester
    Are you sure you want to  Yes  No
    Your message goes here
  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

Co operative

  1. 1. CO-operative societies
  2. 2. Introduction • The cooperative movement can be traced back to about 150 years. • It was a consumers cooperative society. • The father of cooperative movement was ROBERT OWEN. • A comprehensive act was brought again in the year 1912 covering the formation, management and regulation of the co-operative societies.
  3. 3. Definition • The Indian cooperative societies act, 1912 defines a co- operative enterprise as ,”A society which has its objectives for promotion of the interests of its members in accordance with the principles of co-operation.
  4. 4. Principles of co-operation • Voluntary organisation • Equality • Plural membership • Limited return on capital • Registration • Corporate status • Mutual help
  5. 5. merits • Easy formation • Unlimited membership • Tax concession • Government help
  6. 6. demerits • Limited capital • Lack of co-operation • No credit facility • Inefficient management
  7. 7. Types of co-operative I. Credit societies Agricultural credit societies Non agricultural credit societies II. Non-credit societies Agricultural non-credit societies Non-Agricultural non-credit societies
  8. 8. I. Credit societies • They are voluntary association of people with moderate. • They are formed with the object of giving short-term finance to members. • In this way the co-operative society protects its members from the clutches of the money lenders.
  9. 9. Agricultural credit societies • It is the credit society, organised mostly by agriculturists of a village. • They provide loans to its members for various productive and unproductive purposes relating to agriculture. • It is also called as primary societies or rural credit societies.
  10. 10. Non agricultural credit societies • It is formed by people living in towns and cities. • Their aim is to provide loans to members for productive purposes. HOME
  11. 11. II. Non-credit societies • These societies are considered to be a solution for many economic problems. • They are formed in different areas of economic life of men.
  12. 12. Agricultural non-credit societies • These societies have helped members of limited means to secure loans at low rate of interest. • They are assisting the members in marketing, farming,and industrial services.
  13. 13. Non-agricultural non-credit societies • They are formed in order to assist the middle and lower income of groups. • Their main aim is for rendering different types of service to their members at nominal rates of interest.
  14. 14. Thank you