There has been a strong belief that the Harappan civilization depended on monsoons. But now there is ample evidence that a large number of Harappan settlements had mushroomed and flourished along the ancient course of the modern seasonal stream, Ghaggar, in northwestern India. And this ancient course was that of the mythical river Saraswati. A […]
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There are different types of cooperative credit institutions working in India. Based on their geographical area of operations, they can primarily be classified as two main types: Urban Cooperative Banks Urban Cooperatives can be further divided into scheduled and non-scheduled. Both the categories are further divided into multi-state and single-state. Rural Cooperative Institutions Rural Cooperatives
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Co-operative Credit Structure in Rajasthan At present, there are 29 Central Cooperative Banks, 21 Milk Unions, 38 Consumer Wholesale Stores, 36 Primary Land Development Banks, 6,617 Primary Agriculture Credit Co-operative Societies and 271 Marketing and Fruit & Vegetable Societies in the State. A total of 35,101 Co-operative societies are registered in the State. Cooperative Credit
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The Rajasthan Cooperative Societies Act 2001 was passed as Act No. 16 of 2002. Salient Features of the Act are: Rajasthan Cooperative Societies Act 2001: Chapter I – Preliminary Definitions Apex cooperative bank – apex society in the state which is the federal body of cooperative societies in the state. Apex society whose operation is
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In India, the beginning of cooperatives is linked to the Nidhi’s, the cooperative undertaking in the form of indigenous nidhis or mutual loan association grew in the Provinces of Madras, in the second half of 19th century. These were quite similar to Raiffeisen credit cooperatives which were originated in Germany. The German pioneer, F.W.Raiffeisen established
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