Question
Objective of the Act.
Answer :
Word Count : 214
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The objective of the Cooperative Societies Act is primarily to promote self-help, mutual aid, and collective responsibility among members to achieve economic and social welfare. The Act aims to provide a legal framework for the formation, registration, and management of cooperative societies, ensuring that these organizations operate democratically and transparently. One of the key objectives is to protect the interests of members by regulating their rights, duties, and obligations within the cooperative, thereby preventing exploitation and ensuring fair participation
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