Article 43B of CoI : Article 43B: Promotion of co-operative societies.
CoI
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Explanation using Example
Example 1:
A group of farmers in a rural village in Maharashtra decides to form a co-operative society to collectively purchase seeds, fertilizers, and other agricultural inputs at a lower cost. The state government, in line with Article 43B, provides them with guidance on how to register their co-operative society, ensures that the society operates autonomously without undue interference, and offers training programs to help them manage the society professionally. The farmers are also encouraged to hold regular elections to ensure democratic control over the society's operations.
Example 2:
In a small town in Kerala, a group of women artisans comes together to form a co-operative society to market their handmade products more effectively. The state government supports their initiative by providing initial funding and resources for setting up the co-operative. The government also organizes workshops on professional management practices and ensures that the co-operative operates independently. The women artisans elect a board of directors from among themselves to oversee the co-operative's activities, ensuring that all members have a say in the decision-making process.