shine india monthly magazine published this article page no 12 the establishment of moc a reviving step by the government will certainly bring transparency and expand the reach of cooperatives to the grassroots across the country. india is home to 8.54 lakh cooperatives present in 98% of the villages and has 29 crore members. 80% of these cooperatives are non-credit cooperatives and 20% are credit cooperatives. shine india monthly magazine telugu the first recognition of the cooperative movement started in 1904 with the promulgation of the cooperative credit societies act. after the maclagan committee report on cooperatives (1914-15) the cooperative movement underwent a transition from primarily focusing on providing relief to becoming a movement with the aim of improving socio-economic welfare. post-independence the cooperative movement received due recognition in the perspective plans of the government of india shine india monthly magazine subscription.
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