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Unity is Strength and Vision : Relevance of Cooperatives in Current Scenario

Year: 2025
Type: article
Abstract: Since times immemorial, cooperatives have played a vital role in addressing socio-economic challenges faced by vulnerable communities. By empowering individuals, fostering social inclusion, and driving sustainable growth, cooperatives act as key instruments for community transformation. Various government and non-government schemes and programs aim to enhance the financial sustainability and operational efficiency of cooperatives through market expansion, digitization and modernization. The paper while talking about chronological development of cooperatives and evolution of cooperative principles, describes how cooperatives will eventually help India to move towards achieving the UN SDG goals. On one hand Indian cooperatives are aiding in development of rural India and on the other hand they are making India shine on the social and commercial globe. So, the study summarises certain regional stories of Indian cooperatives while projecting global aspects for research in future, by highlighting government policies like Sahkar Se Samriddhi.
Language: English
Open Access status: hybrid
OpenAlex ID: W4408169012
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