Co-Operative Banks in India & Select Countries Nakkiran S. Pevná vazba
Co-Operative Banks in India & Select Countries Nakkiran S. Pevná vazba In a market-oriented economy, the terms of contract are frequently weighted in favor of persons of large means. Cooperatives are…
Specifikacia Co-Operative Banks in India & Select Countries Nakkiran S. Pevná vazba
Co-Operative Banks in India & Select Countries Nakkiran S. Pevná vazba
In a market-oriented economy, the terms of contract are frequently weighted in favor of persons of large means. Cooperatives are institutional agencies that assist in the achievement of social cohesion. Those who have the command of scarce resources are left free to drive a bargain with those who need such resources, but are ill-equipped to compete for their possession.
Cooperatives in India developed as a means of ensuring, for poorly-equipped citizens, advantages which better placed persons were able to command by their own individual resources. Basically, the purpose is to evolve a system of cooperative community organization which touches upon all aspects of life. The principle of mutual aid - which is the basis of cooperative organization - and the practice of thrift and self-help which sustains it, generate a sturdy feeling of self-reliance which is of basic importance in a