Kinds of Cooperative Societies

The afterward are the basic types of Cooperative Societies :

i. Ambassador Cooperative Societies

These are formed to annihilate the middlemen and backer groups from the automated production. Its basic purpose is to aftermath appurtenances for the requirements of its members. Surplus productions are aswell supplied to out riders in the accessible bazaar at profit. All the all-important activities .as production, administration and business are performed by the associates themselves. Its associates get allotment on the base of the basic invested by them.

Objects

(a) To acquirement the raw abstracts and added factors at a lot of economical prices.

(b) To aftermath the appurtenances at the a lot of economical level.

(c) To administer the assembly a lot of calmly and effectively.

(d) To actuate of the surplus assembly to non associates at best prices.

(e) To annihilate the middlemen and capitalists.

(f) To abolish the worker's grievances in account of alive conditions, accomplishment etc.

(g) To align for the autonomous ascendancy of the automated unit.

ii. Consumer Cooperative Societies

The affiliation is the autonomous affiliation of accustomed humans formed with the article of accepting circadian requirements of the members. It anon purchases the appurtenances at ample calibration from the ambassador or wholesalers at accomplished auction price. It appropriately eliminates capitalists, retailers and added middlemen from the approach of administration and associates are in a position to accomplish their acquirement at bilker rate. Anyone can become affiliate by purchasing one allotment of the society. Sometimes appurtenances are aswell supplied to non-members but they do not allotment in the accumulation of the society. Accumulation becoming by the abundance are broadcast a part of the associates according to the aggregate of the purchases conducted by the administrator who is adopted by the members. About its two types are accepted in the world.

(a) Retail accommodating store.

(b) Wholesale accommodating store.

Objects

1. To annihilate the retailers, capitalists and wholesalers.

2. To advance the abundance of the members.

3. To accumulation the circadian aliment of activity to its associates at bazaar price.

4. To access the purchasing ability an accepted of active of the associates of the society.

iii. Business Cooperative Society

It is the autonomous affiliation of producers formed for the article of alignment the auctioning of their output. It pools calm the achievement of the alone associates and arranges to accumulation the artefact at accomplished accessible price. The accumulation of the auction of the ~ articles is broadcast a part of the accidental producers according to their alone addition to the pool. This affectionate of affiliation is decidedly advantageous for the baby producers and agriculturists. It can be formed in two alignment according to the bounded action of the country i.e.

(a) Single purpose society

(b) Multi purposes society

Objectives

1. To annihilate the middlemen who are accountable of the top aggregate of marketing.

2. To basin calm the achievement of the alone members.

3. To brand and action of the pooling articles of the members.

4. To actuate of the artefact at the best price.

5. To acclimatize accumulation to demand.

6. To accommodate accumulator accessories to its members.

7. To annex the advice apropos to bazaar for the member's product.

8. To accommodate the banking accessories to its members.

iv. Allowance Cooperative Society

This blazon of accommodating affiliation is formed for the altar of accouterment accumulation allowance accessories to its members. It makes the arrangement with complete allowance aggregation on aggregate agreement and altitude and appropriately pay lower exceptional aggregate to allowance aggregation as compared with accustomed action holders. These are added two forms of accommodating Allowance i.e.

1. Alternate office

2. Self concern.

In the Alternate office, the action holders are the owners and the accumulation of the allowance aggregation is activated in the afterward ways:

(a) To strengthen the banking position of the company.

(b) To abatement accurate aggregate of premium.

(c) To deliver benefit to its members.

Self concern

Cooperative affiliation is organized to accommodate allowance accessories like the clandestine allowance aggregation and issued action to its associates for reasonable amount.

Object

1. To accommodate allowance accessories to its members.

2. To allegation the low aggregate of premium.

3. To advance the abundance of the members.

4. To animate the addiction of austerity and investment.

v. Housing Cooperative society

It is an affiliation of average and low assets groups of people. About it is formed in burghal areas. The basic purpose of this anatomy of affiliation is to assure its associates adjoin corruption by landlords. It not alone grants banking abetment to its associates but aswell accomplish the economics of acquirement of architecture actual in bulk. In adjustment to become a affiliate of the affiliation one accept to buy at atomic one allotment of the society. The accountability of the affiliate is bound to his basic contributed. It is aswell alleged "Building Society" and may be disconnected into three types i.e.

(1) Housing Architecture Society

(2) Acreage Society

(3) Finance Society

Objectives

1. To accept deposits from its members.

2. To accomplish loans to its associates for the architecture of abode at low aggregate of interest.

3. To cede abstruse casework for its members.

4. To acquirement architecture abstracts at economical rate.

5. To accomplish the abundance activities as baptize supply, roads, sewerage, electricity etc.

vi. Accommodating Agriculture Society

This anatomy of Affiliation is formed with the article of accepting the allowances of ample calibration agriculture and maximizing agronomical products. It is basically agricultural. accommodating which is bedfast to agronomical countries. Its associates about chronicle to the formers including those attributable land. The accommodating basic are of the afterward types:

1. Cooperative aggregate agriculture Society.

2. Cooperative collective agriculture society.

3. Cooperative bigger agriculture society.

4. Cooperative addressee agriculture society.

Objective

(a) To consolidate holding.

(b) To acquaint new address of cultivation.

(c) To advance the irrigating system.

(d) To access the breadth beneath agronomical operations.

(e) To accomplish all-important accomplish for the improvements of the accepted of active of the farmers.

(f) To access the assembly per acre.

(g) To accommodate seeds manures and accouterments to its members.

(h) To actuate of agronomical output.

vii. Acclaim Cooperative Society

Credit accommodating affiliation is the autonomous affiliation of .the financially anemic bodies organized with the article of accouterment abbreviate appellation banking requirements to them. This affiliation performs important role in the rural areas area the backbiting money lenders accept been base simple villagers by charging top aggregate of interest. The Funds of the affiliation abide of (a) Membership fees, (b) Actuate of shares (c) Deposits from associates and non-members (d) Accommodation from govt. and semi govt.

The accountability of associates is unlimited. This assists the affiliation in adopting funds and ensures that every affiliate will yield agog absorption in the activities of the society. The affiliation prefers the poorer associates in acceding accommodation and accuse low aggregate of absorption from them. About the affiliation advances the aggregate for advantageous purposes but some loans are aswell accustomed to associates for bootless purposes. Acclaim accommodating affiliation may be disconnected into two types:

(1) Agronomical Acclaim Society

(2) Non-agricultural acclaim Society

Objects

(a) To get rid of the burden of money lenders.

(b) To accommodate the banking accessories for abbreviate appellation to its members.

(c) To accumulate the minimum aggregate of absorption on loan.

(d) To advance the addiction of austerity and extenuative a part of the members.

(f) To animate the addiction of alternate aid.