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THE CONCEPT OF CO-OPERATIVE

BY: KINNAR PATEL BATCH:2011 2013 SEM 1

ID NO: 11MBA059

OVERVIEW OF PRESENTATION
Cooperative meaning Cooperative features & principles History & origin Types of cooperative Types of cooperative governance International cooperative organization India & cooperative Challenges in India Impact in India

WHAT IS COOPERATIVE?
As per the international co operative alliance defination an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through jointly owned and democratically controlled enterprise. In other way cooperative may also defined as a business owned and controlled equally by the people who use its services or by the people who work there. Cooperative is based on self help, self responsibility, equity, equality, democracy, honesty, openness , social responsibility etc.

COOPERATIVE PRINCIPLES & FEATURES


Voluntary membership Democratic member control Members active participation Training & participation Cooperation among society Concern to the society Not profit making Decision making ability

HISTORY & ORIGINS


In 1844 a group of 28 artisans working in the cotton mills in the town of Rockdale, in the north of England established the first modern co-operative business, the Rockdale Equitable Pioneers Society. After the industrial revolution done in Europe there were large number of cooperative organizations established for several purposed. Robert Owen (1771 - 1858) was a social reformer and a pioneer of the cooperative movement. First cooperative organization was started in 1844 and then after within ten years there were 1000 cooperative societies were founded in united kingdom.

TYPES OF CO OPERATIVE
Housing cooperative Utility cooperative Agricultural cooperative Credit union & cooperative banking Federal or secondary cooperatives Cooperative wholesale society Cooperative union Cooperative party

TYPES OF COOPERATIVE GOVERNANCE


Retailer's cooperative Workers cooperative Volunteer cooperative Social cooperative Consumers cooperative Business and employment cooperative New generation cooperative

VARIOUS INTERNATIONAL COOPERATIVE ORGANIZATIONS.

Agriculture: International Co-operative Agricultural Organization (ICAO) Banking and Credit: International Co-operative Banking Association (ICBA) Consumer: Consumer Co-operatives Worldwide (CCW) Fisheries: International Co-operative Fishery Organization (ICFO) Housing: International Co-operative Housing Organization (ICA Housing) Industry and services: International Organization of Industrial, Artisanal and Service Producers' Co-operatives (CICOPA) Insurance: International Co-operative and Mutual Insurance Federation (ICMIF) Travel: International Association of Tourism (TICA)

INDIA & CO OPERATIVE


The Indian cooperative society act 1904 5.04 lakh co operative societies in India Membership of 22 crores people across Covering 67% of rural household of India India has a membership of international co operative alliances Competition between small scale & cooperative society National cooperative union of India(NCUI), apex organization of India was established on 1929

CHALLENGES IN INDIA

Lower productivity of cooperative sector Lack of active participation of members Lack of mobilizing resources Over dependence of government assistance Lack of professional management Bureaucratic control Political interference

COOPERATIVES IN INDIA
Indian farmers fertilizer co operatives(IFFCO) Krishak bharti co operative limited(KRIBHCO) National cooperative agricultural marketing federation National cooperative union of India National federation of cooperative banks National labor cooperative federation of India National cooperative development of India National cooperative consumer federation National federation of urban cooperative banks & credit society limited

IMPACTS OF COOPERATIVE SECTOR IN INDIA


Increasing employment Income & consumption increase Rural development Major contribution in Indian economy Competition to private and small scale industries Development of community Women working ratios increase Huge capital investment

ICA.COOP. REPORT 2010