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.
The Urban co-operative structure comprises of Urban (Primary) Co-operative Banks numbering 1618 with 8235 branches spread over 328 districts in the country as at the end March 2012. The rural co-operative structure in India, on the other hand, comprises about 94531 co-operatives categorized into short term and long term.