Thursday, 9 July 2015

Chptr-1.Co-operative Registration in India

HISTORICAL BACKGROUND 


During the early period of British rule the economic condition of the Indian villages was completely shattered.
Britain exploited India by exporting the rich raw materials of our country and importing the manufactured goods from England. Britishers made India a market of their finished product. as a result Indian industries had a set back and they gradually collapsed .
the people who were engaged in such industries had no other alternative but to fall back upon agriculture for their livelihood. this situation added the pressure on land. the Britishers did not pay attention to the problems of  the agriculturists. consequently it was a period of money lenders. they lend money at high rate of interest to the needy agriculturists. this situation increased their indebtedness the money lenders exploit agriculturists , which resulted in unrest among agriculturists    
 ACTS

1. The co-operative credit society Act 1904
2. The co-operative credit society Act 1912
3. Co-operation as state subject 1919
4. Multi unit co-operative society Act 1942
5. Multi state co-operative society Act 1984
6. Multi state co-operative society Act 2002
7. Andhra pradesh mutually aided co-operative society Act 1995
8. banking regulation Act 1949 applicable to co-operatives

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