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Genesis of Co-Operative Movement in Karnataka and its Features

Title:Genesis of Co-Operative Movement in Karnataka and its Features
Author:Patil M.B
Publication:Itihasa Darshana / Karnataka Itihasa Academy (R) Bangalore
Enumeration:Vol 3, No 1, June 1988
Abstract:Co0operative movement basically being peoples` movement was initially launched by the government of India in 1904 and later by the provincial governments.Karnataka which was subjected to diferent administration before 1956, had no uniform growth of movement in each unit, but each area had its own fascinating historical evolution.The special features of co-operative movement in old Mysore was that a decade earlier to the launching of movement i.e in 1894, the model Mysore had promoted rural - oriented` Agricultural Banks~ which were the associations of the small land holders, on the principles of limited guarantee. These associations had imbibed the principles of both joint stock companies in their structure and co-operative ideals in their modus operandi and lending rates etc,which were far below than the rates outside.The co-operative societies regulation 1905 of Mysore was more progressive and comprehensive compared to the all India act of 1904, since it had provision for establishing non agricultural non credit co-operatives which generally were founded in 1912 in other parts of the country.

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