"The Origin, Growth, And Financial Performance Of Souharda Cooperatives In Karnataka: An Empirical Analysis"

Abstract

The cooperative movement in Karnataka has undergone significant transformation with the introduction of the Karnataka Souharda Sahakari Act, 1997. This act established Souharda Cooperatives, characterised by greater autonomy and member-driven governance, designed to minimise government interference and enhance socio-economic welfare. This study investigates the origin, growth, and financial performance of Souharda Cooperatives in Karnataka, providing a comprehensive analysis of their development and impact.

The research explores the historical context that led to the creation of Souharda Cooperatives, examining the legislative and socio-economic factors that influenced their establishment. It traces their growth trajectory, analysing trends in membership, number of cooperatives, and geographical distribution. Furthermore, the study evaluates the financial performance of Souharda Cooperatives through key financial metrics, such as profitability, growth, and member returns.

This research contributes to the existing literature on cooperative movements by providing a detailed analysis of Souharda Cooperatives in Karnataka. It offers valuable insights for policymakers, cooperative leaders, and researchers, emphasizing the potential of Souharda Cooperatives to serve as a model for cooperative development and economic resilience in other regions.