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Liberal Cooperatives and Microfinance in India: Diagnostic Study of a Cooperative Federation

Author

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  • NAIR, TARA S.
  • GANDHE, RUTWIK

Abstract

This case study looks at the processes and functioning of mutually aided cooperative societies (MACS), the “liberal” cooperatives created through special legislation by Andhra Pradesh, India in a drive to make the cooperative structure more member- and growth-centric and less government-dependent. It is argued that in the Indian context, where cooperatives historically have remained under the protective and paternalistic care of the state, promotion of liberal cooperative may yield desired results only when appropriate systems of leadership, governance, and user friendly systems are built using a process-oriented approach.

Suggested Citation

  • Nair, Tara S. & Gandhe, Rutwik, 2011. "Liberal Cooperatives and Microfinance in India: Diagnostic Study of a Cooperative Federation," Journal of Rural Cooperation, Hebrew University, Center for Agricultural Economic Research, vol. 39(1), pages 1-16.
    • Handle: RePEc:ags:jlorco:163915
    DOI: 10.22004/ag.econ.163915
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    References listed on IDEAS

    as
    1. Guy Stuart, 2007. "Regulatory Innovation in Microfinance: The MACS Act in Andhra Pradesh," Innovations: Technology, Governance, Globalization, MIT Press, vol. 2(1-2), pages 181-201, April.
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