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Optimizing Decision Making Capacity: Lessons from Empirical Study of Selected Successful and Collapsed major Cooperatives in India

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  • Vrajlal, Sapovadia

Abstract

“Cooperatives in India has failed but Cooperatives must succeed”, as quoted by the Agriculture Credit Review Committee in 1954. After 50 years from the above comments still it remained most relevant to the Indian cooperative movement. Few Cooperatives in India have performed well while few could not. Why? The reason is right or wrong decisions by managers and successful or failure direction, monitoring, controlling, reviewing decisions by directors and shareholders. Cooperatives are considered shield for weak and hence Government takes specific and additional care in cooperatives thorough state action and special legislation. The legislation also empowers State to intervene and control. And hence it can also be presumed the responsibility of State in failure or success of cooperatives. However for the time being it can be ignored on assumption that the State power has common and equal or uniform effect on specified cooperative sector. Even though it is observed that State has in many cases its favour affirmative or negative in political mood for a cooperative.

Suggested Citation

  • Vrajlal, Sapovadia, 2004. "Optimizing Decision Making Capacity: Lessons from Empirical Study of Selected Successful and Collapsed major Cooperatives in India," MPRA Paper 44108, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:44108
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    Citations

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    Cited by:

    1. Sapovadia, Vrajlal & Patel, Sweta, 2012. "Humanization: Explaining the Law of Cooperatives in India," MPRA Paper 44109, University Library of Munich, Germany.
    2. Sapovadia, Vrajlal & Patel, Akash, 2013. "What Works for Workers' Cooperatives? An Empirical Research on Success & Failure of Indian Workers' Cooperatives," MPRA Paper 55225, University Library of Munich, Germany.
    3. Sapovadia, Vrajlal, 2012. "Cooperatives in India: The Humanization of Our World," MPRA Paper 55317, University Library of Munich, Germany, revised 15 Mar 2014.
    4. Sapovadia, Vrajlal & Patel, Akash, 2013. "Drivers of Poverty Alleviation Process: Empirical Study of Community Based Organizations from India," MPRA Paper 55222, University Library of Munich, Germany, revised 31 Mar 2014.

    More about this item

    Keywords

    Cooperatives; Indian Cooperatives;

    JEL classification:

    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises

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