The History of Cooperatives in India
1. As a trend setter and harbinger of the movement, Madhusudan Das organised the first multifacet cooperative enterprise of the country "The Cuttack Cooperative Store" as early as 1898.
2. The Cuttack Co-operative Store came into existence on 11th June, 1898 with Madhusudan Das as the honorary secretary and Jankinath Bose, the father of Netajee Subash Chandra Bose as the treasurer.
3. To save the poor cultivators from the exploitation of the money-lenders, the Co-operative Movement started in Orissa as early as in 1903. By the Cooperative Credit Societies Act, 1904 several Co- Operative Societies were established in North Orissa.
4. Primary Agricultural Co-operative Societies (PACS) at the grass-root level, Central Co-operative Banks (DCCB) at the middle level and Orissa State Cooperative Bank at the apex level.
5. Co-operative institutions have played a prominent role in promotion and credit linkage of Self-Help Groups in general and Women Self- Help Groups in particular.
6. In the marketing sector the MARKFED at the apex level is functioning for distribution of fertilizer through Buffer godowns, depots and sale points.
7. Odisha is 2nd State after Andhra Pradesh to accept the recommendation of Vaidyanathan Committee for revitalization of Short-Term Credit Co-operatives.
8. Integrated Cooperative Development Project (ICDP)
The Scheme Integrated Cooperative Development Project (ICDP) was introduced in the Seventh Five Year Plan for promotion of various economic activities through cooperatives in the sphere of agriculture and allied sectors like Fishery, Poultry, Dairy, Handloom and Rural Industries etc. in the selected districts. This scheme of the Corporation has an integrated area based approach taking into account the local needs and resources. The scheme aims at development of cooperatives in agriculture and allied sectors, transforming cooperative as multi-purpose entities and promoting horizontal & vertical functional linkages so as to enable the
2. The Cuttack Co-operative Store came into existence on 11th June, 1898 with Madhusudan Das as the honorary secretary and Jankinath Bose, the father of Netajee Subash Chandra Bose as the treasurer.
3. To save the poor cultivators from the exploitation of the money-lenders, the Co-operative Movement started in Orissa as early as in 1903. By the Cooperative Credit Societies Act, 1904 several Co- Operative Societies were established in North Orissa.
4. Primary Agricultural Co-operative Societies (PACS) at the grass-root level, Central Co-operative Banks (DCCB) at the middle level and Orissa State Cooperative Bank at the apex level.
5. Co-operative institutions have played a prominent role in promotion and credit linkage of Self-Help Groups in general and Women Self- Help Groups in particular.
6. In the marketing sector the MARKFED at the apex level is functioning for distribution of fertilizer through Buffer godowns, depots and sale points.
7. Odisha is 2nd State after Andhra Pradesh to accept the recommendation of Vaidyanathan Committee for revitalization of Short-Term Credit Co-operatives.
8. Integrated Cooperative Development Project (ICDP)
The Scheme Integrated Cooperative Development Project (ICDP) was introduced in the Seventh Five Year Plan for promotion of various economic activities through cooperatives in the sphere of agriculture and allied sectors like Fishery, Poultry, Dairy, Handloom and Rural Industries etc. in the selected districts. This scheme of the Corporation has an integrated area based approach taking into account the local needs and resources. The scheme aims at development of cooperatives in agriculture and allied sectors, transforming cooperative as multi-purpose entities and promoting horizontal & vertical functional linkages so as to enable the