STATE CONSUMER COOPERATIVES: AN ENGINE OF ECONOMIC GROWTH (A CASE STUDY OF RAJASTHAN STATE COOPERATIVE CONSUMER FEDERATION LTD.)

Cooperatives   play pivotal role in the development of national economy as it helps in facilitating job creation, economic growth and social development of the country. They are acting as engine for economic growth of the nation and hence government   recognized Cooperatives as a third economic sector apart from public and private sector. Cooperative consumer Society is a willful organization of consumers, which supply goods and services to consumer at reasonable prices and also protect them from the hands of middleman besides added consumer protection, it provides stability in prices. The present study has assessed the change in index of paid up capital of Rajasthan state cooperative consumer federation (RSCCF) from year 2002-03 to 2012-13. Paid up capital of RSCCF is provided both by Bhandars and Samitiyan and State government but the major share are provided by state government. Also an attempt is done in this paper to examine the change in number of members of RSCCF over the years. Further, considering net sales as one of the key performance indicator of RCCF, the relation between net sales and paid up capital of RSCCF is analyzed, to evaluate the role of paid up capital in boosting the net sales. The paper concludes that RSCCF has great potential but it should enhance number of members and thereby the paid up capital will increase, which is the key driver to increase its sales.

KEYWORDSBhandars and Samitiyan, RSCCF, State Cooperative Consumer Federation.


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