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Cooperating for success

VIKAS S. KHATRI

Towards the end of the 19th century, the problems of rural indebtedness and the consequent conditions of farmers created an environment for cooperative societies. The farmers found the cooperative movement an attractive mechanism to pool their resources to solve common problems relating to credit, supplies of inputs and marketing of agricultural produce. The experience gained in the working of cooperatives led to the enactment of the first cooperative law of India. The Department of Posts issued a commemorative postage stamp on the centenary of the Cooperative Movement of India in 2005.

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