Co-operation embraces non-economic activities such as production, processing, marketing distribution, transport, irrigation, labour, etc., and what better example than the Warana Bazaar story that was very beautifully narrated to us this morning. Co-operative credit structure in India The co-operative credit structure in India can broadly be divided into two segments viz. rural and urban.
(2017), “Low inflation in the euro area: Causes and consequences”,  Occasional Paper Series, No 181, ECB, January. 9 See Cœuré, B. (2017), “Convergence matters for monetary policy”, speech at the Competitiveness Research  Network (CompNet) conference on “Innovation, firm size, productivity and imbalances in the age of deglobalization”, Brussels, 30 June.