Question

What are the role and challenges of cooperative societies?

Answer 1

Instruction:

1. Explain the role of cooperative societies.
2. Explain the challenges of cooperative societies.

Solution:
Roles-

• Cooperative societies help weavers by arranging for their cloth sale, assisting with purchasing low-cost raw materials, and providing training on new cloth designs.
• Cooperative societies give financial assistance in case of illness or death
• Cooperative societies reduce the dependence of weavers on traders and middlemen.

Challenges-

• Cooperative societies do not provide enough work for a significant portion of Telangana's weavers.
• Weavers are rarely allowed any input over decisions about the purchase of raw materials of fabric or its selling.
• Do not train weavers to produce sarees to suit the changing preferences of consumers.
• These factors drive all the weavers into the hands of the middlemen and traders.