Cooperative movement in India

Abstract

The history of cooperatives in India is more than a hundred years old. The cooperatives have more reach to the rural India through their huge network of credit societies in the institutional credit structure. The cooperative credit structure is serving the Indian society since 1904 and since then it has several ups and downs. The cooperative movement has been rendering useful services for the economic progress and well-being of the country. However, there is a dire need to create awareness among people. People are not well informed about the objectives of the cooperative movement. Despite of this, the sector has tremendous potentialities.