IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/55317.html
   My bibliography  Save this paper

Cooperatives in India: The Humanization of Our World

Author

Listed:
  • Sapovadia, Vrajlal

Abstract

Cooperatives are socio-economic institute. Cooperatives in India are made conducive by legal empowerment to undertake economic activities with angle of humanization. International Cooperative Alliance defines a cooperative as an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. Cooperatives are based on the values of self-help, self-responsibility, democracy, equality, equity, mutual cooperation, and solidarity. Members of the cooperative society believe in the ethical values of honesty, openness, social responsibility and caring for others. Cooperatives enterprises across the globe provide economic values coupled with social flavor. Cooperatives provide an important channel for bridging market values and human values. If set within an agreed framework for inclusive growth, cooperative ideals and cooperative organization will be more effective in meeting their people-centered objectives. Cooperatives run for economic reasons but also enhance humanization. Several models of cooperatives across the globe are engaged in various activities. Cooperatives in one continent may be different in terms of size, business volume, model, economic emphasise and activities than other continents, but one thing is unique; cooperatives main axle is humanization. This paper describe provisions of cooperatives law and real cases how cooperatives work for humanization in India.

Suggested Citation

  • Sapovadia, Vrajlal, 2012. "Cooperatives in India: The Humanization of Our World," MPRA Paper 55317, University Library of Munich, Germany, revised 15 Mar 2014.
    • Handle: RePEc:pra:mprapa:55317
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/55317/1/MPRA_paper_55317.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Christopher J. Green & Colin Kirkpatrick & Victor Murinde (ed.), 2005. "Finance and Development," Books, Edward Elgar Publishing, number 2764.
    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. 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.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. 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.
    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 & Patel, Sweta, 2012. "Humanization: Explaining the Law of Cooperatives in India," MPRA Paper 44109, University Library of Munich, Germany.
    4. Alagidede, Paul & Panagiotidis, Theodore, 2009. "Modelling stock returns in Africa's emerging equity markets," International Review of Financial Analysis, Elsevier, vol. 18(1-2), pages 1-11, March.
    5. Chen, Zhiyuan & Li, Yong & Zhang, Jie, 2016. "The bank–firm relationship: Helping or grabbing?," International Review of Economics & Finance, Elsevier, vol. 42(C), pages 385-403.
    6. Konstantinos Tzioumis & Leora F. Klapper, 2012. "Taxation and Capital Structure: Evidence from a Transition Economy," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 68(2), pages 165-190, June.
    7. Long Thanh Giang & Cuong Viet Nguyen & Tuyen Quang Tran & Vu Thieu, 2017. "Does Firm Agglomeration Matter to Labor and Education of Local Children? Evidence in Vietnam," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 10(4), pages 1015-1041, December.
    8. Konstantinos Tzioumis & Leora F. Klapper, 2012. "Taxation and Capital Structure: Evidence from a Transition Economy," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 68(2), pages 165-190, June.
    9. Lagoarde-Segot, Thomas, 2013. "Does stock market development always improve firm-level financing? Evidence from Tunisia," Research in International Business and Finance, Elsevier, vol. 27(1), pages 183-208.
    10. Long Thanh Giang & Cuong Viet Nguyen & Huong Vu Van & Thieu Vu, 2015. "Does firm privatisation benefit local households? The case of Vietnam," Post-Communist Economies, Taylor & Francis Journals, vol. 27(4), pages 547-565, December.
    11. Mary Hallward-Driemeier & Gita Khun-Jush & Lant Pritchett, 2014. "Deals versus Rules: Policy Implementation Uncertainty and Why Firms Hate It," NBER Chapters, in: African Successes, Volume I: Government and Institutions, pages 215-260, National Bureau of Economic Research, Inc.
    12. Joaquim Ramalho & J. Silva, 2013. "Functional form issues in the regression analysis of financial leverage ratios," Empirical Economics, Springer, vol. 44(2), pages 799-831, April.
    13. Imai, Katsushi S. & Arun, Thankom & Annim, Samuel Kobina, 2010. "Microfinance and Household Poverty Reduction: New Evidence from India," World Development, Elsevier, vol. 38(12), pages 1760-1774, December.
    14. World Bank, 2008. "Afghanistan : Building an Effective State, Priorities for Public Administration Reform," World Bank Publications - Reports 6273, The World Bank Group.
    15. Ebrahim, M. Shahid, 2009. "Can an Islamic model of housing finance cooperative elevate the economic status of the underprivileged?," Journal of Economic Behavior & Organization, Elsevier, vol. 72(3), pages 864-883, December.
    16. Roger Kelly & George Mavrotas, 2008. "Savings and financial sector development: panel cointegration evidence from Africa," The European Journal of Finance, Taylor & Francis Journals, vol. 14(7), pages 563-581.
    17. Mohamed Ariff & Meysam Safari, 2014. "A socio-economic profile of Muslim countries," Chapters, in: M. Kabir Hassan & Mervyn K. Lewis (ed.), Handbook on Islam and Economic Life, chapter 10, pages iii-iii, Edward Elgar Publishing.
    18. Mavrotas, George & Vinogradov, Dmitri, 2007. "Financial sector structure and financial crisis burden," Journal of Financial Stability, Elsevier, vol. 3(4), pages 295-323, December.
    19. Christopher J. Green & Colin H. Kirkpatrick & Victor Murinde, 2006. "Finance for small enterprise growth and poverty reduction in developing countries," Journal of International Development, John Wiley & Sons, Ltd., vol. 18(7), pages 1017-1030.
    20. World Bank, 2008. "Afghanistan - Building an Effective State : Priorities for Public Administration Reform," World Bank Publications - Reports 8046, The World Bank Group.

    More about this item

    Keywords

    Cooperative Society; Humanization; Socio-Economic Institutes; Cooperative Law; India;
    All these keywords.

    JEL classification:

    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions
    • P4 - Political Economy and Comparative Economic Systems - - Other Economic Systems

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:55317. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.