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Analyse the role of Co-operative societies as an economic driver towards national development.

Topic: Development processes and the development industry —the role of NGOs, SHGs, various groups and associations, donors, charities, institutional and other stakeholders.

3. Analyse the role of Co-operative societies as an economic driver towards national development. (250 words)

Difficulty level: Moderate

Reference: Hindustan Times

Why the question:

This year marks 75years of Amul, the world’s largest milk cooperative.

Key Demand of the question:

To understand the role of Co-operative society at the local level and how they can boost the economy on the national front.

Directive word:

Analyse – When asked to analyse, you must examine methodically the structure or nature of the topic by separating it into component parts and present them in a summary.

Structure of the answer:

Introduction: 

Begin by stating the successful model of Amul as a co-operative society.

Body:

Mention the role of Cooperatives in linking the local business men/ farmer to the mainstream multi-million marketplace, giving the right forum to reap benefits of collective demand and supply in terms of financing, local level policy negotiations etc and promoting economic and social upliftment.

Further, this would also promote local interests and aligns our aatma nirbhar strategy

Conclusion:

Conclude by stating that the Co-operative model of Amul can be emulated in various other sectors with a push from the government for boosting the economy of our country.