Answer the following: Explain the role of the co-operative movement in Maharashtra? - Economics

QUESTION

Answer the following:

Explain the role of the co-operative movement in Maharashtra?

Answer in Brief

SOLUTION

1. The co-operative movement is the greatest contribution given by the state of Maharashtra to the country.
2. The co-operative movement is an effective instrument in the economic development of rural areas and improving the socio-economic conditions of people living in rural areas of Maharashtra.
3. Co-operative societies encourage the values of self-help, democracy, equality and solidarity among the members.
4. Initially, the co-operative movement in Maharashtra was confined mainly to the field of agricultural credit but subsequently, it extended to other sectors such as agro-processing, agro marketing, sugar co-operatives, fisheries cooperative societies, co-operative dairy societies, textiles, housing societies, consumer stores, etc.