Question

Discuss the distinctive features of Cooperative Legislation for success of Cooperatives in India

06 Feb 2021
Answer :
Word Count : 658

Cooperative legislation plays a crucial role in the success and functioning of cooperatives in India. India has a long history of cooperative movements and organizations that are deeply ingrained in its social and economic fabric. To ensure the effectiveness and viability of cooperatives, the country has developed a comprehensive legal framework that outlines the distinctive features of cooperative legislation. These features are essential for the success of cooperatives in India and are as follows:

1. Voluntary and Open Membership: Cooperative legislation in India mandates that cooperatives should have voluntary and open membership. This feature ensures that individuals can join cooperatives of their own free will, without any discrimination based ____ _______ __________ ___ ______ ___ ________ ___ _______ ______ __________ ______.
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