Genesis of Urban Co-operative Credit in India
“Genesis of Urban Co-operative Credit in India” delves into the evolution of the co-operative credit sector in India, tracing its roots back to pre-independence efforts by British civil servants. The book highlights the paradoxical reality where an Indian peasant lives, dies, and passes on debts to future generations—a situation pointed out by the 1929 Royal Commission on Agriculture.
Despite India’s seven decades of independence, this issue remains a constant in rural agriculture. The co-operative credit sector was established with the aim of transforming rural socio-economic conditions post-independence, providing much-needed financial assistance to farmers and rural communities.
This book provides a detailed historical analysis of the sector’s genesis, its objectives, challenges, and evolution. A must-read for students, researchers, and anyone interested in the history of India’s economic reforms, rural development, and financial systems.
