Agricultural Cooperative: A Pillar for Agriculture Development and Food Security In India

Authors

  • Sathisha PhD Scholar Department of Studies and Research in Economics Vijayanagara Sri Krishnadevaraya University Ballari
  • Dr. Medhavini S. Katti Associate Professor Department of Studies and Research in Economics Vijayanagara Sri Krishnadevaraya University Ballari

DOI:

https://doi.org/10.33516/maj.v58i8.43-47p

Abstract

This study emphasizes the significant role of agricultural cooperatives in ensuring food security in India. Cooperatives offer credit to small and marginalized farmers and producer including women, to engage in agriculture and allied activities for self-reliance and improve their standard of living. Out of 30 lakh cooperative societies globally, 8.55 lakh exist in India and around 13 crore people are directly connected with them. In India, 91 per cent of villages have cooperatives. Cooperative Banks are the second largest credit contributors to the agriculture sector after commercial banks in India. Cooperative banks’ distribution of credit and Kisan Credit Cards significantly influence agricultural development and food security in India.

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Published

2023-08-30

How to Cite

Sathisha, & Katti, D. M. S. (2023). Agricultural Cooperative: A Pillar for Agriculture Development and Food Security In India. The Management Accountant Journal, 58(8), 43–47. https://doi.org/10.33516/maj.v58i8.43-47p

Issue

Volume 58, Issue 8, August 2023

Section

Cover Story
Crossref
Scopus
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Europe PMC

References

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Verhofstadt, E., &Maertens, M. (2015). Can Agricultural Cooperatives Reduce Poverty? Heterogeneous Impact of Cooperative Membership on Farmers’ Welfare in Rwanda. Applied Economic Perspectives and Policy, 37(1), 86–106.

www.ministry of cooperation. gov.in

https://pib.gov.in