Professional Documents
Culture Documents
Agribusiness Development
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Introduction
What is Cooperative?
A farm, business, or organization which is owned
and run jointly by its members, who share the
profits or benefits.
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7 Principles Of Cooperatives
Voluntary and open membership
Democratic member control
Economic participation by members
Autonomy and independence
Education, training and information
Cooperation among cooperatives
Concern for community
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Importance Of Cooperatives
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Advantages Of Cooperatives
Ownership and Democratic Control
Increase Farmers’ Income
Quality of Supplies and Products
Expanded Markets
Improved Farm Management
Local Leadership Development
Added Community Income
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Cooperatives Related To
Agribusiness Sector
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Example of
Milk Producers
Cooperatives
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AMUL
AMUL - Anand milk union ltd.
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Conti…..
The Amul model has helped India to emerge as the
largest milk producer in the world. More than 15 million
milk producers pour their milk in 1,44,500 dairy
cooperative societies across the country. Their milk is
processed in 184 District Co-operative Unions and
marketed by 22 State Marketing Federations, ensuring a
better life for millions.
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Example of
Fertilizer
Cooperatives
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IFFCO
IFFCO - Indian Farmers Fertilisers Cooperative
Limited (IFFCO)
Registered on November 3, 1967 as a Multi-unit Co-
operative Society.
Plants owned by IFFCO- Kalol,
Kandla(GUJARAT),Phulpur (Uttar Pradesh),
Paradeep(Orissa).
Contributes 20 % of country’s total nitrogenous
fertilizer production and 25 % of total phosphate
fertiliser production.
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KRIBHCO
KRIBHCO - Krishak Bharati Cooperative Limited
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Example of
Fisheries Cooperatives
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GFCCA
GFCCA - Gujarat Fisheries Central Co-operative
Association Limited
It is a head cooperative body of the fishermen
cooperatives in Gujarat. It was established in the year
1956.
Marketing of fresh water fish and marine fish in
wholesale and in retail through its different outlets
and mobile vans.
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Cooperative Bank
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Cooperative Bank
The cooperative banks are small-sized units
which operate both in urban and non-urban centers.
They finance small borrowers in industrial and
trade sectors also professional and salary classes.
Regulated by the Reserve Bank of India, they are
governed by the Banking Regulations Act 1949 and
banking laws (co-operative societies) act, 1965.
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Conti…..
The cooperative banking structure in India is divided into
following 5 categories:
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Farming Cooperatives
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TRIFED
TRIFED - Tribal cooperative marketing
federation
It was established in 1987 to develop the system
of marketing of forest produced by tribals in the
india.
TRIFED arranges marketing & export of minor
forests products produced by the tribals in the tribal
dominated areas & protects the tribals from
exploitation.
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NAFED
NAFED - The National Agricultural Cooperative
Marketing Federation of India.
It was established in October, 1958
It deals in procurement, processing, distribution,
export & import of selected agricultural commodities.
It is also the nodal agency for undertaking price
support operations for pulses & oilseeds and market
intermediation operation for other agricultural
commodities.
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Conclusion
Agribusiness cooperatives are playing a big role in
growth of agribusiness sector in India. Agribusiness
is affected by a mass of factors including institutions
and organisations. Cooperatives are considered an
important instrument of agribusiness development
in developing countries including India.
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