Principles and Techniques of Veterinary and AH Extension

OBJECTIVES OF CO-OPERATIVES

• Economic objective
  • Co-operative as an institution caters to the members needs based on self-help.
  • It needs the mutual cooperation of the members and workers for their own benefit and consequently for that of the community as a whole.
  • The overall economic objective of the cooperatives is the welfare of the members of the society through supply of cheap credit, development of banking habits, secure better price for farm produce, eliminating exploitation by middle men and creation of storage facilities for the produce until sold at appropriate time.
• Social objective
  • It is to develop democratic leadership and to motivate people to opt for voluntary participation and group action. Individuals are treated equal without any discrimination.
  • It also aims at industry, self-reliance and mutual help. It fosters a sense of responsibility and integrity. It brings a sense of security and harmony among the members.
• Educational objective
  • It is to bring about knowledge of cooperatives to its participants and to develop responsibility and honesty among the members.