Description

Introduction Agriculture sector needs finance, short-term, medium-term, and long-term loans to get better production both in the terms of quantity and quality. Multipurpose agricultural co-operative societies are set up for financing the short-term needs of the farmers. The basic purpose to encourage co-operatives in the agricultural sphere was to get rid of the exploitation of farmers by indigenous bankers or money-lenders who charge a high rate of interest and take various types of charges as well as kinds of land from farmers. In this research, study recommendations are made on the basis of detailed examinations of the working of multipurpose agriculture co-operative credit societies in order to improve the efficiency of the societies for benefit of farmers/members and the society as a whole and giving loans and various services to farmers like veterinary services, rationing facilities, farm implements, seeds, fertilizers, manures, pesticides, services of storage, services of transport, library facilities, information regarding prices of farm products, training facilities, etc.