Important Days

71st All India Cooperative Week 2024 – November 14/20

November 17 , 2024 19 hrs 0 min 26 0

A cooperative society is an organization owned and run by the people and for the people using its goods and services.
All India Cooperative Week was first observed in 1953 in India.
The theme this year is “Role of Cooperatives in Building Viksit Bharat”.
The first credit cooperative society was formed in Banking in the year 1903 with the support of the Government of Bengal.
Cooperative Credit Societies Act of India was enacted on 25th March 1904.
Cooperation became a state subject in 1919.
Land Mortgage Cooperative Banks were established in 1938 to provide the loans initially for debt relief and land improvement.
Amul was founded in 1946 as Kaira District Cooperative Milk Producers Union Limited (KDCMPUL) in Anand village.
Currently, India has become the largest cooperative movement in the world.