Question

What are the objectives of producers’ cooperative societies?

Answer 1

The objectives of producers’ cooperative societies are as follows:

1. To increase the overall volume of production by encouraging members to produce more.
2. To enhance the quality of the goods manufactured by the members.
3. To ensure better utilisation of the industrial and technical skills of small producers and artisans.
4. To make effective use of available manpower and resources.
5. To reduce unemployment and underemployment among small producers.
6. To improve the economic and financial condition of artisans and craftsmen.