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**SayPro Effects Of Co-operative Societies On Agricultural Development (a Case Study Of Selected Co-operative Societies In State)
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Have you heard of the power of co-operative societies? By joining one, you can avail tax exemption and other benefits.
SayPro is all about helping you understand how co-operative societies impact the agricultural development in our country. We’ve taken the time to understand the way these companies function, and we wanted to share that knowledge with you so that you too can get involved in making a difference in our community.
One of the ways in which co-ops can contribute to the development of a country is by empowering its farmers. Many of our leaders believe that opening co-op banks in villages will provide them with loans at low-bound. In some cases, they even see it as a way to create employment opportunities for them. How do they know?
Is it because they have never had to pay interest on their loans or are they getting confused about the term ‘interest’? We don’t know either! But what we do know is that these small banks make big contributions towards economic growth and development, not just in their own states but also in other countries too.
Co-operative societies have a long-standing record of being the biggest source of financial support for agriculture. In fact, in 2018-19, over 70% of the total budget allocated by the government for rural development comes from co-operative societies. When you think about it, this shows how much importance the Government has given to the development and progress of agriculture in India. When you add up all the efforts made by various co-operative organizations that include SayPro, it’s easy to see why they are so effective at what they do! With Say Pro’s help, these organizations have been able to allocate a large chunk of their budget towards converting barren land into fertile fields and funding irrigation projects that can make huge improvements in crop yields. These efforts just go to show how dedicated these organizations are towards improving village economies!
At least every third person in India is a member of a co-operative society. The objectives and people associated with it are admirable, but what contributes to the development of agriculture in the state and how? This is one such question that will be answered in this article from SayPro.
Co-operative societies have been contributing to the development of agriculture in a significant manner and SayPro presents some effect that you may not have noticed before! In this article, you will know about the role of co-operative societies in improving agricultural growth and distribution, leading to an increase in income into the state government’s kitty.
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