A STUDY ON PERFORMANCE OF PRIMARY AGRICULTURAL COOPERATIVE CREDIT SOCIETIES IN THIRUVANNAMLAI DISTRICT TAMIL NADU.
Journal Title: IJAR-Indian Journal of Applied Research - Year 2018, Vol 8, Issue 6
Abstract
RBI started special department for the development and growth of Co-operative credit Societies, farmer can get the credit from the primary agriculture credit co-operative society. These societies are working for farmer, by the farmer.. India has only four month rainy season in a year. During that time the credit deliver a significant role for the cultivation of agriculture. In 1912, the Cooperative Societies Act was enacted which permitted the registration of non-credit co-operative societies as well. These societies are affiliated by the District Co-operative Central banks and the district Central co-operative banks are affiliated by the State Co-operative banks. Primary agriculture co-operative credit societies are providing the short and medium term loans for the farming purposes. . In the field of cooperation, the Primary Agricultural Cooperative Credit Societies (PACCS) provide mainly short term and medium term loan to the rural people and meet the financial requirements of more than 121 million members in 2010-11.
Authors and Affiliations
Mrs. J. shobana
Keywords
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