The Cooperative movement in India has its own status, role and
impact in the socio-economic development of the country, specially
for providing organizational and financial support to give impetus
to income generating activities for weaker sections, like small
farmers, artisans, weavers, landless labours, fisherman and urban
poor etc. through half million cooperatives and 250 million
members. The cooperatives in United States have corporate character
and have lesser government control. The members of US cooperatives
are 100 million & comparatively educated and active. Here they
take synergic benefit of cooperation. The activities are manifold
and some time in newer field, a typical characteristic of
approximate 50,000 cooperatives. Author has compared historical
background & need of emergence of cooperatives in light of
social, political & economic perspectives. By appraising
financial performance of few key sector cooperatives &
highlighting through prominent cooperative case study from both
country, author has critically suggested what can be done in
current globalization era by government & cooperatives of both
country.
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