THE ROLE OF MULTI-PURPOSE COOPERATIVE SOCIETIES IN THE AGRICULTURAL SUPPLY CHAIN IN INDIA
DOI:
https://doie.org/10.5281/jzjh9r34Keywords:
Multi-Purpose Cooperative Societies, agricultural supply chain, economic empowerment, governance, sustainable practices, rural development.,,Abstract
This research explores the critical role of Multi-Purpose Cooperative Societies (MPCS) in enhancing the agricultural supply chain in India. With over 850,000 cooperatives operational across various sectors, MPCS significantly contribute to the economic empowerment of farmers, promoting access to credit, essential agricultural inputs, and market opportunities. The analysis reveals that cooperatives account for approximately 20% of total agricultural financing and play a crucial role in the distribution of fertilizers and the procurement of key crops, such as sugar, wheat, and paddy, thereby stabilizing market prices and enhancing food security.
Despite their contributions, MPCS face significant challenges, including governance issues, limited access to technology, and competition from commercial banks. The diversification of services provided by cooperatives further emphasizes their evolving role in community development. Future research directions are suggested, including the exploration of digital transformation within cooperatives, the promotion of sustainable agricultural practices, and the evaluation of recent policy reforms. By addressing these areas, the study aims to contribute to the understanding of how MPCS can further enhance rural development and support
sustainable agricultural practices in the face of changing economic conditions.
References
ADB. (2018). The role of agricultural cooperatives in helping reduce poverty in Asia
and the Pacific.
Phoenix: International Multidisciplinary Research Journal
Vol 2, No. 1, January-March, 2024
ISSN:2583-6897
Agrifarming. (2024). Cooperative Societies in the Agricultural Sector in India:
Benefits, Role, and Challenges.
Asian Development Bank. (2018). The Role of Agricultural Cooperatives in Helping
Reduce Poverty in Asia and the Pacific.
IMPRI Impact and Policy Research Institute. (2024). Primary agriculture cooperative
societies (PACS) and their contribution to sustainable food systems.
India CSR. (2024). Cooperative Sector and its Role in Indian Farming.
India CSR. (2024). Cooperative Societies in Agriculture Sector: An Operational Model
in India.
Insights IAS. (2024). Cooperatives, Agriculture and Rural Development: Role, Issues
and Challenges.
NABARD. (2023). Annual Report 2023-24.
Patil, P. (2024). Agricultural Cooperatives and their Role in Rural Development.
ADB. (2018). The role of agricultural cooperatives in helping reduce poverty in Asia
and the Pacific.
Brundtland Commission. (1987). Our common future: Report of the World Commission
on Environment and Development. Oxford University Press.
Drishti IAS. (2024). Cooperatives and Their Evolution in India. Retrieved from
Haldar, A., Rao, S. V. D., & Momaya, K. (2016). Good governance practices and
competitiveness in cooperatives: An analytical study of Kerala Primary Agricultural
Credit Societies. International Journal of Global Business and Competitiveness.
Huang, K. & Rust, J. (2011). Market theory: Consumer demand and market structure.
In: Handbook of Agricultural Economics.
IBEF. (2024). Success of Cooperatives in India.
IMPRI Impact and Policy Research Institute. (2024). Primary agriculture cooperative
societies (PACS) and their contribution to sustainable food systems.
India CSR. (2024). Cooperative Sector and its Role in Indian Farming.
Insights IAS. (2024). Cooperatives, Agriculture and Rural Development: Role, Issues
and Challenges.
Insights IAS. (2024). Cooperatives, Agriculture and Rural Development: Role, Issues
and Challenges.
Klapper, L., & Laeven, L. (2002). Business environment and firm entry: Evidence from
international data. Journal of International Business Studies, 33(1), 71-88.
Lakshmi, K., & Manoj, P. K. (2015). Co-operative banks and rural credit for inclusive
growth: A study of Kannur district co-operative bank in Kerala. International Journal
of Retailing & Rural Business Perspectives, 4(1), 1442-1450.
Phoenix: International Multidisciplinary Research Journal
Vol 2, No. 1, January-March, 2024
ISSN:2583-6897
Majee, W., & Hoyt, A. (2011). Cooperatives and community development: A
perspective on the use of cooperatives in development. Journal of Community Practice,
(1), 1-21.
Ministry of Cooperation. (2023). National Cooperative Database.
Mishra, B. S. (2013). Performance of primary cooperatives in India: An empirical
analysis. MPRA Paper no. 21890.
Murray, E. V. (2020). Primary agriculture credit societies (PACS) as candidates for
investment impact investors. National Bank for Agriculture and Rural Development.
NABARD. (2023). Annual report 2023–24.
Nembhard, J. G. (2002). Cooperative strategies: A historical perspective on the growth
of cooperatives in the United States.
Patil, P. (2024). Agricultural cooperatives and their role in rural development.
Putnam, R. D. (2000). Bowling alone: The collapse and revival of American
community. Simon & Schuster.
Putnam, R. D. (2000). Bowling alone: The collapse and revival of American
community. Simon & Schuster.
Woolcock, M., & Narayan, D. (2000). Social capital: Implications for development
theory, research, and policy. The World Bank Research Observer, 15(2), 225-249.
Woolcock, M., & Narayan, D. (2000). Social capital: Implications for development
theory, research, and policy. The World Bank Research Observer, 15(2), 225-249.
Zeuli, K. A., & Cropp, R. (2004). Cooperatives: Principles and practices in the 21st
century. University of Wisconsin-Extension.
