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Are co-operatives relevant in today's globalised environment?

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Nicole Mascarenhas said: (Mon, Nov 19, 2012 05:30:30 PM)    
 
The year 2012 is the year of co-operatives. Co-operatives are a great way for people to achieve their common goal- be it profit or social service. Co-operatives give an opportunity to the common man to explore her/his own potential to make better her/his own condition or the condition of his fellow citizens. Even in today's globalized world we have co-operatives successfully conducting banking and insurance business, providing utility services at subsidized rates, and taking up social activities in both-the rural and the urban areas.

The only issues to be taken care of are that of the laws governing them and the opportunities of growth provided to them. Barring these two issues, all is well in this sector.

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Poonam said: (Tue, Sep 18, 2012 02:24:54 PM)    
 
Hi Friends, According to me co-operatives are still relevant in today's global environment. India is a developing country. Their are two types of co-operatives exist in our country. First those who work for their their economic growth and second those who work only for their people welfare and child labor etc. NGO's come under second one. India more than 35% people are living under the poverty line they don't know their rights even. In this case the co-operatives who are working only for people welfare help them. Now the public and private sectors are working together for the company growth that is really essential for our country.

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Poonam said: (Mon, Sep 17, 2012 02:41:13 PM)    
 
Hi Friends, According to me co-operatives are relevant in today's globalization. India is a big country more than 35% people are living below the poverty line they are uneducated also. They even don't know their rights also. So in our country two types of co-operatives are exist one who think for their own profit others who think only for people welfare only. NGO'S work for people welfare, help to remove the problems like child labor etc. In co-operative world people are working together to achieve goal in same direction. It also help to improve the confidence in people and also help to remove corruption, monopoly etc.

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M.Sahoo said: (Thu, Mar 29, 2012 01:18:18 PM)    
 
Co-operativeness play a vital role for global environment.in a corporate sector,without coperation a organisation can't be developed.

Not only in corporate sector but also as good human being it is a another good nature.

For a globalised environment co-operative is very important both corporate sector and society.

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Akashhp said: (Sun, Feb 26, 2012 02:17:12 AM)    
 
I too think that co-operatives are essential in today's global India. As far as they serve the common interest of the people around it they are good. But they should be well regulated in order to prevent any type of irregularities. The co-operatives should function not only for the economic concerns but also for social, environmental as well as for education system also.

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Sneakyfunk said: (Fri, Jul 8, 2011 04:45:31 AM)    
 
According to me, globalization makes it essential to have co-operatives around us. India being a developing country and majority of the population being uneducated and poor its considered that well educated and rich powerful people are going to take advantage of them. We people are also not aware of our own human rights.

Co-operatives according to me are very important. As these are people with the same motive and aim striving and working hard to achieve them in the same direction. It also works out to be a moral support. Discussions and debates make them aware of the recent happenings. Co-operatives help us fight against corruption, monopoly and to rule out the dominating and bullying people from the society.

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Abhishek said: (Thu, Jun 16, 2011 02:48:09 AM)    
 
Co-operatives are autonomous associations, set up by persons for mutual economic, social, and cultural reasons.

Non-profit associations, such as NGO's work for people welfare, and raise up causes like, poverty, child labor etc.

Many other co-operatives which are set up for profit-making purposes, be it autonomous investment firms, or consultancies, render services to the people.

In my opinion in today's nearly self sustained world, where the era of globalization is maturing everyday, co-operatives have become a part and parcel of this world thus, their relevance is proved.

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Dr.Narayan said: (Tue, May 10, 2011 11:11:17 AM)    
 
Hello Friends,

I am Dr. Narayan and I would like to initiate the Group Discussion.

Our topic is Are co-operatives relevant in today's globalised environment?

In my opinion co- operatives are still relevant in today's globalised environment.

What are co- operatives ? What is there purpose !

A co-operative is where a number of individuals or businesses work together to achieve a common purpose. They are normally formed so individuals and small businesses can benefit from being part of a larger group.

Many co-operatives work for the benefit of local people.

Their are Profit and not for profit co- operatives, These co-operatives are relevant as long as they are achieving their common purpose of the local people and the owners feel they are providing an important service to the community. "Even global is made of local as the ocean is made of the waves".

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