Cooperation has its origin in the last quarter of 19 th century attempts to
provide to relief to the farmers from culches of moneylenders.
It established on July 8,1905.the kanajinahal cooprarative society launched
the cooperative movement in the Karnataka state.
Robert Owen is the founder of cooperative society.
A cooperative society is a voluntary association that started with
the aim Of the service of its members. It is a form of business
where individual belonging to the same class join their hands for
the promotion of their Common goals.
Ex: amul ,shree mahila gruha udyogh(lijath papad) ,Indian
farmers fertilizers cooperative.
4. Types of cooperatives:
Multi stakeholders cooparative
5. Features of Cooperative Society
Separate legal entity
Free Entry and Exit
6. Advantages of Cooperative Society:
Easy to Form
7. Co-Operative Societies Have A Lot Of Objectives:
To provide support and services to the members of the society
and not to earn the profit
To help each other mutually and not to have competition
To practice fair and transparent business activities
To deliver the quality goods and produce to the end
According to the cooperative principles, Cooperatives are
formed to satisfy the needs of their members. They are
voluntary, autonomous, self-help democratic organizations
owned and controlled by their members.