What is cooperative, cooperative department , credit cooperative, cooperative bank, cooperative sect

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CO OPERATIVE SOCIETY

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• Co-operative movement in our country shall not solely keep however additionally grow in times to come back. •

In spite of the drawbacks skilled within the operating and administration of the cooperative societies, they have positively contributed to the expansion and development of the economy.

CO OPERATIVE SOCIETY

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• The orientations of commercial organization and co-operative organizations are basically different. • In a commercial organization, earning and maximizing the profits is the sole motive • whereas in a co-operative organization profit cannot be the sole motive.

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The prime objectives, additionally to the 3 fundamentals of co-operation mentioned higher than area unit to form offered the products and services in needed amount, of higher quality and at an inexpensive worth to its members.

CO OPERATIVE

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1. PUBLIC SECTOR 2. PRIVATE SECTOR 3. CO-OPERATIVE SECTOR

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1. PUBLIC SECTOR: The Union of Republic of India and therefore the several government undertake developments comes that area unit altogether in hand by either the Central Government or the government.

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2. PRIVATE SECTOR: which could be a sector wherever nonpublic enterprises area unit permissible in bound fields of economic activities.

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3.CO OPERATIVE SECTOR: which is superbly emulsified in between a public sector and therefore the private sector. it's edges of each the sectors and drawbacks of neither of them.

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• A Society is categorized on the idea of its objects. There are numerous forms of societies that may be formed below the Act below that it's registered: • Under Maharashtra Co-operative Societies Act, 1960 following types of Societies can be registered :

TYPES OF SOCIETIES

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• Agricultural Marketing Society

• Central Bank

• Consumer Society

• Crop Protection Society

• Co-operative Bank

• Farming Society

TYPES OF SOCIETIES

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• General Society

• Irrigation Society

• Housing Society

• Process Society

• Federal Society

• Producers Society

TYPES OF SOCIETIES

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