| The Indian cooperative structure is unhealthy though it has lengthy history. Every unit initiates with petty potentiality with the confidence of obtaining gigantic size in future. But Indian cooperative credit structure remained in its original infancy, even though innumerable efforts were invested. The Government of India regards and guards rural credit structure by exempting from taxes and initiated with number of concessions like exemption of taxes, free loans, extension of installments renewal of credit, etc. |