West bengal state cooperative agriculture and rural development bank. Pdf cooperative societies in rural areas determine the. Within a short span of time, role of cooperatives extended beyond agricultural credit. Cooperation occupies an important place in the indian economy. National bank for agriculture and rural development. Cooperative society is one of the principal agent of rural development. The cooperative societies can be defined as an autonomous association of. Chhattisgarh, andhra pradesh, west bengal, tamil nadu. West bengal cooperative societies act, 2006 wbxpress. Hence, it is a strong factor in the nations economic development.
The importance of cooperative sector for india is given below. The west bengal cooperative societies amendment act, 2011 as well as rules, 2011. While various land reforms were enforced to ensure equitable distribution of natural resources, consolidation of small and fragmented holdings was considered necessary for improving agricultural production. Role of cooperatives in improving livelihood of farmers on. Primary cooperative agriculture and rural development bank. To assess the importance of the cooperative societies for rural india. Bihar, madhya pradesh, karnataka, orissa, kerala, rajasthan and west bengal, there. He assigned specific roles to cooperatives in the field of.
The west bengal cooperative tribunal acts as appellate authority in respect of the disputes arbitrated by the registrar of cooperative societies. A study on the farmers of west bengal chapter pdf available september 2017 with 26,077 reads how we measure reads. It is the apex banking institution to provide finance for agriculture and rural development. Mscs, multi state cooperative societies, society, societies, complain, complaints, adarsh, bank, annual returns, amendment, agriculture, cooperation, energy consumer. The west bengal cooperative societies act, 2006 and the west bengal cooperative rules, 2006 are in vogue relating to cooperative societies law in west bengal. It is not only an avenue for job opportunities, but also as a training ground for the rural dwellers and other society and economic benefits. Rural development department of the government of west bengal, the dwcra building gradually became the nerve centre of bagnan group activities, and gave a real boost to the. Development report on agriculture for development has shown, the rural economy has. State the basic objects of cooperative societies law in west bengal the basic objects intend to infuse a new life into the cooperative movement of west bengal on the face of new. Rural cooperative societies are now entering into real estate, power, insurance.
Act xl of 2006 hereinafter referred to as the said act. The advent of the cooperative societies act in 1904 tried to bring in a. Pdf conventionally, indian planners have considered cooperation to be an instrument of socioeconomic. India is an agricultural country and laid the foundation of worlds biggest cooperative. After independence role of cooperative societies grew to encompass socioeconomic development and eradication of poverty in rural india. Co operation occupies an important place in the indian economy. Krishi vikash yojana rkvy and rural infrastructure development fund ridf.
Nabard was established on july 12, 1982 with the paid up capital of rs. And whereas the state government is of the opinion that in the public interest, such rules may be made without previous publication and should be brought into force at once. Institutional finance plays an important role in the adoption of modern. Development of farming sector was given major emphasis after independence for ensuring food and employment security in rural india. The role of cooperative credit societies in rural credit the rural cooperative credit structure in india consists of two parts, one provides shortterm and mediumterm loans and the other provides longterm loans. Cooperative societies in the state as per west bengal cooperative societies act. Pdf importance of fishermens cooperatives researchgate. The shortterm cooperative credit structure is a three tier system consisting of the primary cooperative credit societies at village level, central. West bengal cooperative societies rules west bengal state. The term cooperative societies came into existence when the farmers of poona and ahmednagar spearheaded an. Act which provided formation of cooperative societies other than credit. In india the idea of using cooperation for fighting rural indebtedness. Datainformation for west bengal includes kolkata, maharashtra includes. Cooperative movement and cooperative societies in india.