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InterviewSolution
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Enumerate various type of cooperative sociaties. |
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Answer» The main types of cooperative societies are given below: 1. Consumers cooperative societies:Consumers’ cooperatives are formed by the consumer to obtain their daily requirements at reasonable prices. Such a society buys goods directly from manufacturers and wholesalers to eliminate the profits of middlemen. 2. Producers cooperatives:Producers or industrial cooperatives are voluntary associations of small producers and artisans who join hands to face competition and increase production. These societies are of two types.: (a) Industrial service cooperatives (b) Manufacturing cooperatives 3.Marketing Cooperatives:These are voluntary associations of independent producers who want to sell their output at remunerative prices. The output of different members is pooled and sold through a centralised agency to eliminate middlemen. 4. Cooperative Farming Societies:These are voluntary associations of small farmers who join together to obtain the economies of large scale farming. In India farmers are economically weak and their land-holdings are small. 5. Housing Cooperatives:These societies are formed by low and middle income group people in urban areas to have a house of their own. 6. Credit Cooperatives:These societies are formed by poor people to provide financial help and to develop the habit of savings among members. |
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