Co-Operatives Development

Co-operative development is a procedure for an association of united members to achieve their social, economic and cultural needs and it has aspirations over the jointly owned organization. The Co-operative was classified into four different types; first, the organization that is managed or formed by the members who have joined here as workers is known as a worker co-operative.

 The second type of co-operative is a consumer co-operative denoted by the members who manage the business and use its several services. The third is divided into those people who share the ownership of the cooperative business in between the hybrid cooperatives groups. Last is the platform cooperative, which works to facilitate the services or goods of the organizations through digital platforms.

Co-operatives development 

Co-operative development is a process where a cooperative model was designed to create a thriving and visible enterprise. Co-operative development has three basic principles that support promoting different cooperatives and building knowledge networks in India. The first principle was to grow or strengthen the existing cooperatives. The second principle is to promote several new cooperatives in India.

The last principle of cooperative development is strengthening communities with proper and successful strategies. Members involved in the cooperative model for developing the knowledge about the cooperative are known as co-op developers. Co-op developers help to determine the cooperative opportunities and increase awareness about the cooperative model in India. It helps to motivate other workers to do hard work and develop a co-op model from the inside of a cooperative enterprise. 

Significance of Co-operatives development 

Co-operative development is an operation for transforming financially strapped and poor communities into a high-spirited economy by contributing proper education and skill development courses in India. It reinforces living standards, gender equality and improves the health care system of whole communities in India. It also helps to establish regional employment and economic cycles for each community in India. It contributes significantly to reducing poverty, social integration and job creation.

 As an organization, co-operatives help the government of India by monitoring the capital and giving inputs in the production for the rapid economic growth of backward communities in India. Co-operative development sets its goals to supply better services and goods to the entire society in India. Co-developers aim to eliminate the third person in commerce and trade for unnecessary profits towards them. It was dedicated to make several rules and policies to prevent the exploitation of backward people in Indian society. 

Purpose of Co-operative development 

The major purpose of cooperative programs is to provide social, economic and cultural needs of any cooperative’s members and their neighboring peoples in the entire society of India. Co-operative development making several schemes to secure capitals such as low-cost house needs, market needs, health, insurance to the local poor communities for better economic development in India. Co-operative development includes various anchors to distribute their services with low budget capital or resources.

 This development introduces basic infrastructure and high-level mobility towards the poor people of the community. Over 75% of production is mainly produced by the different cooperatives in India for helping 887000 people of small businesses to establish a stronger agricultural model. Co-operatives development includes several finance credit unions offering sustainable finance for backward members in India with low revenue goals. 

Different schemes under Co-operatives development 

The national cooperative association is very important in the cooperative and agricultural sector of India. It developed the Corporation Act 1962 to give development in these two sectors of India. NCDC makes different schemes to achieve their goal in future. The first scheme introduced under the co-operative development is SAHAKAR-22. The motive of this mission was to increase the incomes of Indian farmers.

This mission targets the identification of every district sector in India for upgrading their funding in non-farm and farm sectors. YUVA SAHAKAR was another scheme introduced by the Indian cooperative sector. It was made for providing financial support to all start-ups cooperative societies with advanced ideas.

SAHAKAR MITRA is another new scheme for providing opportunities to young professionals to gain knowledge and experiences in business. It is a four-month internship program to motivate the young generation to bring them self-reliance. 

Functions of Co-operative development 

The role of cooperative development in agriculture and reducing poverty in India is discussed below. The first function of co-operative development is to generate different programs for notified commodities and agricultural products such as rubber, soap, fertilizers and insecticides. The second role of co-operative development is to help to assess, store, and export forest products through the different cooperatives in India.

After the cooperation Act, the development introduced different finance credits in rural areas in India such as animal health, rural sanitation and water conservation. It also provides grants and loans to the state government for secondary and primary finance cooperative communities.

Conclusion 

Co-operatives were formed to provide help in the economic sphere in different co-operative environments. The Co-operative is mainly owned by the members with each person having the power to vote for the selection for directors in this organization. Co-operative development is a tested model for the surrounding people to understand their power of controlling their livelihoods by establishing several ways to empower themselves.

Co-operative development takes the point to defend the rights between the consumers and producers in Indian society. The Ministry of Agriculture and farmers welfare in India did not give emphasis on the SAHAKAR PRAGYA scheme for strengthening several cooperative sectors by applying skills and knowledge to India. It provided 45 training sessions to farmers for educating their knowledge about agriculture.