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The origin of Co-operative movement in India is the agricultural Credit Co-operative movement. Agriculturist wants credit for cultivation because they are economically poor. Agricultural credit Co-operatives in India are the oldest and most important forms of Co-operative organization. In India the short and medium term agricultural credit Co-operative structure consists of three tiers. There are primary credit societies at the village level, central co-operative banks at district level and state co-operative banks (Apex Banks) at the state level. Thus this segment of rural credit forms a…mehr

Produktbeschreibung
The origin of Co-operative movement in India is the agricultural Credit Co-operative movement. Agriculturist wants credit for cultivation because they are economically poor. Agricultural credit Co-operatives in India are the oldest and most important forms of Co-operative organization. In India the short and medium term agricultural credit Co-operative structure consists of three tiers. There are primary credit societies at the village level, central co-operative banks at district level and state co-operative banks (Apex Banks) at the state level. Thus this segment of rural credit forms a pyramid and strength of each part depends on the strength of other associated parts. The primary Credit Society, at the operational level is at the base of the Co-operative Credit Structure. Agricultural Credit Societies are the kernel of co-operative movement in India. The organization of these societies dates back to the year 1904 in which the first co-operative society Act was passed. These societies were started with the aim of providing cheaper credit to the agriculturist and give them freedom from the exploitation of moneylenders
Autorenporträt
M.A. Ph.D.Associate Professor and Vice - Principal at K.E.S. Dr. C.D. Deshmukh Commerce and Sau. K.G.Tamhane Arts College, Roha, Raigad.Ex Member Academic Council of University of MumbaiEx Chairman of Board of Studies in Business Economics,University of Mumbai.State Liaison Officer and O.S.D. of the State of Maharashtra, National Service Scheme