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71st All India Cooperative Week 2024 – November 14/20
November 17 , 2024
6 days
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- 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.
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