What is a Cooperative Society?
A Cooperative Society is a group of people who come together voluntarily to achieve a common goal. The main purpose of such societies is not to earn big profits, but to help members by working collectively. Cooperatives are built on the idea of “unity is strength.”MeaningIn simple terms, a cooperative society is an organization formed...
Read More
Rights and Duties of Members in a Cooperative Society
When you join a cooperative society, you don’t just get benefits—you also accept responsibilities. Let’s understand the rights and duties of every member in simple terms.Rights of Members 1. Right to Vote – Each member has one vote in the Annual General Meeting (AGM).2. Right to Participate – Members can attend AGMs, raise issues, and...
Read More