India’s Cooperative Movement:
India’s cooperative movement, rooted in the ethos of Vasudhaiva Kutumbakam (“the world is one family”), has played a transformative role in fostering inclusive growth, empowering marginalized communities, and driving rural development. Cooperative societies are voluntary organizations where individuals with shared interests collaborate to achieve common economic goals. They operate on principles of self-help, mutual assistance, and prioritizing community welfare over profit. Members pool resources, collectively use them, and derive shared benefits.
