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Comparison between farmer associations and agricultural cooperatives

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Answer:

Agricultural cooperative or farmers cooperative is a business organization in which a GROUP of individuals who have common interest agreed to pool their resources together for production or to distribute goods and services for the purpose of making profit and MAINTAINING the welfare of members.

A farmers association shall operate for such purposes assafeguarding farmers' rights and interests, enhancing farmers'knowledge and skills, boosting the modernization of AGRICULTURE, increasing crop yields, improving farmers' livelihood and DEVELOPING rural economy. A farmers association is a JUDICIAL person.



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