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what is not co operative sociery


aakashaadvilkar 25th Nov, 2021
Answer (1)
Vivek Kumar 25th Nov, 2021

Hi,

A co-operative society is a voluntary association of individuals having common needs who join hands for the achievement of common economic interest. Its aim is to serve the interest of the poorer sections of society through the principle of self-help and mutual help. The main objective is to provide support to the members. Nobody joins a cooperative society to earn profit. People come forward as a group, pool their individual resources, utilize them in the best possible manner, and derive some common benefit out of it.

Thank You.

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