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Co-Operative Societies Matters

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Co-Operative Societies Matters

Cooperative societies are organizations formed by a group of individuals with a common interest, who come together voluntarily to meet their economic, social, and cultural needs through a jointly owned and democratically controlled enterprise. The primary principle behind cooperative societies is mutual assistance and benefit for all members.

Cooperative societies play an important role in promoting social and economic welfare by empowering members to work together for mutual benefit. They provide a range of services and benefits to individuals that might not be accessible on their own. However, successful management and governance are essential for ensuring that cooperatives fulfill their intended objectives and meet the needs of their members.