Cooperative Day: ‘A feeling of working as one’ – eSHOP24X7

The roots of the old records of cooperative societies appear in March 1761.

Then, in 1844, 28 cotton factories in the north of England established the first cooperative business of the modern era.

Also in India, cooperative societies arose in the twentieth century and in 1904, cooperatives received legal status through the “Cooperative Loan Committees Law.”

After independence in India, to strengthen the cooperative sector and improve its scope, there are also many laws.
Was. In this context, the Ministry of Cooperation was also established on July 6, 2021.

Example of Cooperatives in South Sudan

The number of members of a cooperative society related to corn and barley in the Ecuadorian region in South Sudan, within a year, has increased from 20 to 150.

This detail has not only increased the income of many families, but many members have been able to meet the needs of their families for the first time.

“Louis Bagre, project manager of the Cooperative Society of the Cooperative Food and Agriculture Society (FAO), in South Sudan says:” Cooperatives not only give people a means to improve their livelihood, but also strengthens the country’s economy. This is the way you can play a decisive role in getting Sudan out of the south of poverty. “

He said this on the occasion of the International Day of the Cooperative, which is celebrated every year on July 5. This day attracts attention to how cooperatives are useful to meet people’s basic needs, even in those circumstances, where it is not enough to try alone.

The path of peace leaves the riots

Cooperatives in South Sudan are not only the means of economic empowerment, but that that is much more likely.

Louis Bagre says: ,Cooperative societies have become an impressive vision of peace and stability in South Sudan. “

South Sudan has faced serious internal struggles since it achieved independence in 2011. These include a disastrous civil war, which ended with the peace agreement in 2018. However, this peace is still very delicate.

Especially the looting and intercommunicable violence committed by young people, it remains a deep concern for many communities, which are already struggling with a deep food insecurity and climate change.

In such a sensitive scenario, cooperative societies have become a lightning ray.

But the question is whether cooperatives are really useful to guarantee permanent peace. And yes, how?

Cooperation: voluntary and democratic group

Cooperative societies are voluntary economic organizations where members together work together where there may be some risk of economic damage or instability, and through you obtain income through it. These institutions not only empower economic but also socially.

Louis FAO Bagre believes that this democratic approach adopted in cooperative societies at the local level will eventually have a positive impact nationwide, and will become a motivating power to strengthen the democratic government throughout the country.

No weapons, income

Cooperative societies not only have a democratic government model, but also become a strong environment of economic development. These committees especially provide young people with a practical and lasting option of livelihoods instead of adopting paths such as violence or looting.

Louis Bazare de la FAO said: “When young people produce and participate in income creation activities, they are not attracted to lifting weapons.”

The communities that have formed cooperative societies in South Sudan often do not have enough resources to maintain the livelihoods individually. This absence pushes young people towards violent activities. In this situation, cooperative societies emerge as a collective solution.

Louis Bazare explained, ,When community members work together, they share ideas and resources, they can resolve their life challenges more effectively. “

He said that banks and institutional investors are more inclined to invest in such cooperative groups, and there is more possibility of support from organizations such as FAO.

However, long -term dependence is not a purpose. Louis Bagre said, ,Our approach is in its capacity development, so that they can build a better life on their own in the future. “

Cooperative movement in India

Also in India, the cooperative movement in the agricultural and financial sector has been very active and successful, including cooperative banks.

There are currently around 8 Lakh cooperative institutions in India through which there is cooperation in economic development and empowerment of people.

A cooperative institution is a voluntary organization in which people with their shared needs meet to achieve shared economic objectives. These cooperative institutions are formed about the principle of selfhelpy and mutual assistance and trust. Instead of obtaining its main objective, the profits, the well -being of the private sections of the company must be done.

The members of the cooperative societies put their resources and work with them collectively, for shared benefits, which benefits the main character of these committees, community well -being.