ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond


Go Back   ManagementParadise.com Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Projects HUB for Management Students ( MBA Projects and dissertations / BMS Projects / BBA Projects > PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT > Management Of Co-operatives

Primary Agricultural Credit Society

Primary Agricultural Credit Society

Discuss Primary Agricultural Credit Society within the Management Of Co-operatives forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; The co-operative movement was started in India largely with a view to providing agriculturists funds for agricultural operations at low ...

Reply
 
LinkBack Thread Tools Display Modes
Primary Agricultural Credit Society
Old
 (1 (permalink))
Abhijeet S
abhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to behold
 
abhishreshthaa
Operations Manager at Management Paradise
Management Paradise Guru
 
Status: Offline
Posts: 7,045
Join Date: May 2010
Primary Agricultural Credit Society - October 2nd, 2010

The co-operative movement was started in India largely with a view to providing agriculturists funds for agricultural operations at low rates of interest and protect them from the clutches of moneylenders. The organization of the co-operative credit for short period may be briefly outlined as follows:


A co-operative credit society, commonly known as the primary agricultural credit society (PACS) may be started with ten or more persons, normaly belonging to a village. The value of each share is generally nominal so as to enable even the poorest farmer to become a member.


The members have unlimited liability, that is each member is fully responsible for the entire loss of the society in the event of failure. This will mean that all the members should know each other intimately. The management of the society is under an elected body consisting of President, Secretary & Treasurer.



The management is honorary, the only paid member being normally. Loans are given for short periods, normally for one year, for carrying out agricultural operations, and the rate of interest is low. Profits are not distributed as dividend to shareholders but are used for the welfare of the village.


In the construction of a well, or maintenance of a school, and so on. The usefulness of the primary credit societies has been rising steadily. In 1950-51, it advanced loans worth Rs.23 crores; this rose to Rs. 200 crores in 1960-61, and to Rs. 4200 crores in 1988-89.


Help Others > Network > Grow


Work with us part time/full time as forum moderator. Email us your resume on careers @ managementparadise.com PLS PRESS THANKS BUTTON IF U LIKED MY POST.

Friends: (0)
Reply With Quote
Related to Primary Agricultural Credit Society
 
Similar Threads
Thread Thread Starter Forum Replies Last Post
Bhavan Credit Cooperative Society !! OldProjectsData Management Of Co-operatives 6 March 16th, 2011 01:22 PM
Project on Mahindra & Mahindra Co-op Credit Society Rahul Parab Management Of Co-operatives 13 June 21st, 2010 12:11 PM
American Society of Anesthesiologists Hires Three Medical Society Veterans for Direct Maya Raichura Articles !! 0 June 30th, 2008 02:50 PM
Do not Have Good Credit but Need Money-Go for No Credit Check Payday Loans Maya Raichura Articles !! 0 June 4th, 2008 07:01 PM
Very Bad Credit Loan-Change Your Credit Fate Maya Raichura Articles !! 0 June 2nd, 2008 05:02 PM
 

Reply

Bookmarks

Tags
agricultural, credit, primary, society

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Login
Forgot Password?  New User?
  
» Ads




» Recent Threads
JAMB Releases 2014 UTME...
Last post by Bhautik Kawa
5 Hours Ago 06:17 PM
0 Replies
Sydney's Royal Easter...
Last post by Pramit Singh
5 Hours Ago 06:06 PM
0 Replies
A Guilty Pleasure :...
Last post by Pramit Singh
5 Hours Ago 06:02 PM
0 Replies
Young Australian forward...
Last post by Pramit Singh
5 Hours Ago 05:58 PM
0 Replies
Solution manual of... ( 1 2 3)
Last post by Amin Shakil
5 Hours Ago 05:54 PM
24 Replies
Project Report on...
Last post by Kirti Soni
5 Hours Ago 05:19 PM
1 Replies
Morning Stock Tips,nifty...
Last post by Riya Bajaj
9 Hours Ago 02:10 PM
7 Replies
Soultion manual on... ( 1 2 3... Last Page)
Last post by Paul Crush
10 Hours Ago 01:06 PM
52 Replies
Live Pepsi IPL7 Chennai...
Last post by Yashwant Naik
23 Hours Ago 11:23 PM
0 Replies
Live Pepsi IPL 7, CSK vs...
Last post by Yashwant Naik
1 Day Ago 10:54 PM
0 Replies
what are main... ( 1 2)
Last post by Ahmed Shahid
1 Day Ago 08:56 PM
14 Replies
Can Kings XI Punjab...
Last post by Jagruti Shah
1 Day Ago 07:21 PM
0 Replies
Real Madrid New Hero:...
Last post by Kaushal Mehta
1 Day Ago 05:34 PM
0 Replies
Facts behind Good Friday
Last post by Kaushal Mehta
1 Day Ago 05:28 PM
0 Replies
Cheo Feliciano Dies in...
Last post by Kaushal Mehta
1 Day Ago 05:18 PM
0 Replies
» Projects Helpline
Project on CRM (...
Last post by Vish Kumar
3 Days Ago 06:12 PM
100 Marks Project on...
by msdhoni
Last post by Bhautik Kawa
5 Days Ago 11:55 AM
ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2013 Management Paradise. Site Developed by Available.co.in