Co-operatives in India

History, Problems and Reforms

By Babita Agrawal

In many countries, co-operatives started out as a means of ensuring advantages for poorly-equipped citizens who were unable to achieve these advantages by their own individual resources. In India, co-operatives - as instruments of economic development of the disadvantaged, particularly in the rural areas - received considerable emphasis through the country's successive Five Year Plans. India recognized that a village panchayat (council), a village co-operative, and a village school were the trinity of institutions on which a self-reliant and a just economic and social order was to be built. The non-exploitative character of co-operatives, the voluntary nature of their membership, the principle of 'one-man, one-vote,' the decentralized decision-making, and the self-imposed curbs on profits eminently qualified them as instruments of development, combining the advantages of private ownership with public good. This book provides a comprehensive account of the historical evolution of co-operatives in India. It examines their problems, the policy measures that strengthened them, and their role in the changed scenario in the context of liberalization, privatization, and globalization.

348 pages

Publication Date: 7/31/2012
Format: Cloth
ISBN: 9788177083170