Question
Cooperatives
Answer :
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Cooperatives are voluntary, democratic institutions formed by individuals with common economic, social, or cultural needs who work together for mutual benefit. In rural development, they play a significant role in strengthening local economies, improving access to credit, promoting collective bargaining, and ensuring fair distribution of resources. Agricultural cooperatives help farmers procure inputs like seeds and fertilizers at reasonable prices and enable collective marketing, reducing exploitation by middlemen and stabilizing incomes. Credit cooperatives and self-help groups provide financial inclusion by offering small
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