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

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.

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Publication Details

Journal
International Journal For Multidisciplinary Research
Published
2025-03-06
DOI
https://doi.org/10.36948/ijfmr.2025.v07i02.38453
Primary Topic
Cooperative Studies and Economics
Type
article
Field-Weighted Citation Impact
0.00
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article

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

Indu Yadav -, Vidhi Bhargava -
International Journal For Multidisciplinary Research
Cooperative Studies and Economics
article

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

Indu Yadav -, Vidhi Bhargava -
article en

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.

International Journal For Multidisciplinary ResearchVol. 7(2)
Openalex Percentile: Top 95%
Cooperative Studies and Economics
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