Year: 2016 | Month: June | Volume 2 | Issue 1

Evaluating the Performance of Co-operatives Societies in Jammu Division of Jammu and Kashmir

Anil Bhat Shelleka Gupta Jyoti Kachroo and Dalip Raina
DOI:Coming Soon

Abstract:

Co-operatives play active role in the provision of basic amenities and social services to boost the life of rural populace. In general co-operative societies are an appropriate avenue for rural development. Cooperative societies are much more important for the farmers of Jammu also. The number of cooperative societies in Jammu division increases from 597 in the year 1996-97 to 832 in the year 2012-13 with a membership of 2.42 lakhs in 2012-13. As far as the number of primary agricultural credit societies is concerned it increases from 366 in 1996-97 to 372 in 2012-13 which no doubt shows an increasing trend but of 1.64 per cent only. Amount of loans advanced from the agricultural credit societies to farmer increases from `1017.80 lakhs in 2002-03 to `1109.10 lakhs in 2009-10 with a frequent variation during the period. The number of cooperative marketing societies does not show much increase in the number but membership increases from 0.11 lakhs during the year 1996-97 to 0.14 lakhs during the year 2012-13. Maximum percentage change in marketing societies in owned funds with respect to previous year is observed in the year 2003-04. The working capital was found to be maximum (` 2226.30 lakhs) in 1996-97 but after that there was a sharp decline in it and it decreases to `533.23 lakhs in 2002-03. Fruit growers cooperative marketing societies are also functional in Jammu and numbers are increasing with the passage of time. Therefore the performance of cooperative societies is supposed to be evaluate and moreover these has shown not best but also not bad performance in the growth and development.

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