Give the principles of cooperatives. Explain the three-tier structures of dairy cooperatives.

Principles of Cooperatives:

Cooperatives are unique business entities owned and operated by the people who use their services or buy their goods. The principles of cooperatives guide their functioning and distinguish them from other forms of business. These principles were established by the International Cooperative Alliance (ICA) and have evolved over time. Here are the fundamental principles:

1. Voluntary and Open Membership: Cooperatives are open to all who can use their services and are willing to accept the responsibilities of membership without discrimination.

2. Democratic Control: Members have equal voting rights (one member, one vote) and participate in decision-making processes on a democratic basis.

3. Member Economic Participation: Members contribute equitably to, and democratically control, the capital of their cooperative. Surplus generated is used for _________ __________ ________ _______ _______ ___.
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