Grass Root Co-Operative Credit Societies

Contents: Preface. 1. Introduction. 2. Agriculture--role of finance in its development. 3. Co-operatives--theoretical and historical perspectives. 4. Organisation and management of the Primary Agricultural Credit Societies. 5. Financial resources of Primary Agricultural Credit Societies. 6. Operation of PACS. 7. Summary and conclusion. Bibliography. Index.

"Co-operative credit occupies an important place in the strategies for agricultural and rural development. The book presents in great detail the working of grass-root agricultural co-operative credit societies. The present work is a very successful attempt to study in depth the working and performance of Primary Agricultural Credit Societies (PACS) in Bihar. All important aspects of the working of PACS such as viability, management, resource mobilization, loan operation, overdues and recovery, etc. have been critically analysed.

In the concluding part, the author has put forth concrete and valuable suggestions to make the PACS more effective in its operation and functioning. The study underlines the need for speedy growth of viable, multipurpose co-operative societies for all-round agricultural development. The study is enriched with a wealth of data compiled from diverse sources and meticulously processed. It is hoped that the policy makers, planners, research scholars and the co-operative personnel would find the book highly useful." (jacket)