Business Model : A Case Study Of Mandavgan Pharata Vividh Karyakari Seva Sahakari Society MaryadiMay 20, 2023 2023-06-24 11:27
Business Model : A Case Study Of Mandavgan Pharata Vividh Karyakari Seva Sahakari Society Maryadi
S. N. Tripathy
The present paper with the help of secondary sources of data attempts to capture the major events that shaped the course of cooperative movements in Odisha. The paper portrays the prevailing socio-economic factors and key events which contributed to the development of cooperatives in different phases and its genesis and growth trend in Odisha in the national perspectives.
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Cooperatives Movements, Rural credit, Money lenders, Farmers.
Co-operatives have the capability and competence to deal with the conventional market system, which is one of the major obstacles to the improvement of the rural poor’s situation and the advancement of agricultural development. The cooperative movement in India emerged with the Primary Agricultural Credit Societies (PACS). They are the cornerstone of India’s cooperative credit system and account for the vast majority of cooperative institutes.
By serving the financial needs of farmers and lower- income groups in the villages, these societies play an important role in their financial empowerment. Different PACS are currently striving towards diversification to improve their economic and social standing to eradicate the
stigma and repression that still exist in PACS. PACS is driven by a desire to help others. The purpose of this study is to look into the performance, issues, and future possibilities of PACS in the Pune District. Mandavgan Pharata Vividh Karyakari Seva Sahakari Society Maryadit (MPVKSS Society), a one-century-old PACS is studied in this research.
The financial analysis is done with help of ratios to find the strength of MPVKSS Society. The business model of MPVKSS Society working in Shirur taluka, which has been involved in a variety of business operations, is highlighted in this article.
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Co-operatives, Primary Agricultural Credit Societies, financial strength, business operations.