Cooperative Societies in Rajasthan: Insights from Zambian Delegation Visit
| Category | Details |
|---|---|
| Event | Visit of a four-member Zambian delegation to Rajasthan's cooperative institutions. |
| Institutions Visited | - Jaipur Central Cooperative Bank- Apex Bank- Bilwa Gram Seva Cooperative Society- Bad Ka Balaji Primary Milk Producers Cooperative Society |
| Key Discussions | - Efforts to make cooperative schemes accessible to the public.- Role of cooperative institutions in Rajasthan.- Recovery campaign of outstanding loans in the non-agricultural sector by the Primary Cooperative Land Development Bank of Rajasthan.- Exchange of cooperative policies and programs between Zambia and India. |
| Cooperative Societies Overview | - Definition: People-centered enterprises owned and operated by members to meet common needs.- Operate on democratic principles, with 'one member, one vote' rule.- Equal voting rights regardless of capital investment. |
| Indian Perspective | - Over 8.5 lakh cooperative societies cover 90% of Indian villages.- Key institutions for socio-economic development and inclusive growth. |
| Constitutional Provisions | - Cooperative societies given constitutional status by the 97th Constitutional Amendment Act, 2011. |