Who introduced cooperative society in India?

Who introduced cooperative society in India?

Pt. Jawaharlal Nehru
In 1942, Government of British India enacted the Multi-Unit Cooperative Societies Act to cover Cooperative Societies with membership from more than one province. India’s first Prime Minister Pt. Jawaharlal Nehru had strong faith in the cooperative movement.

When was started cooperative society in India?

The Government of Bombay passed the first State Cooperative Societies Act in 1925 �which not only gave the movement its size and shape but was a pace setter of cooperative activities and stressed the basic concept of thrift, self help and mutual aid.

Who is the father of cooperative society in India?

Amul was established in 1946. Dr Verghese Kurien is known as the father of White Revolution. He was the chairman of GCMMF for more than 30 years. Gujarat Cooperative Milk Marketing Federation Ltd.

Who started the cooperative movement?

Robert Owen (1771–1858) is considered as the father of the cooperative movement. A Welshman who made his fortune in the cotton trade, Owen believed in putting his workers in a good environment with access to education for themselves and their children.

Who is the founder of cooperative society?

Sri Siddanagouda Sannaramana Gouda Patil
The first co-operative society of our country was registered in 1905 at Kanaginahal village of Gadag district in Karnataka. Sri Siddanagouda Sannaramana Gouda Patil is considered as the pioneer in the co-operative movement as he is the founder president of the said co-operative society in our country.

When did cooperative societies start?

The cooperative movement was started in British India with the coming into force of the Cooperative Credit Societies Act, 1904. The main objective of this Act was to help small farmers by providing them agricultural credit at low rates of interest on self-help basis.

What is the origin of cooperative society?

Cooperative societies were created long before the advent of the fair trade movement to help workers improve their livelihoods and protect their interests. Cooperatives are organizations of people who have the same needs. Most scholars recognize the business of the Rochdale pioneers of England as the first coop.

What is the history of co-operative society?

World history of cooperative societies began in the 18th century. This movement was first began in Great Britain. So, it’s not a surprise that through time the theory of cooperative society found its second life on the territory of future Nigeria and West Africa in general.

  • September 3, 2022