The cooperative movement in India is the agricultural credit cooperative Movement. India is basically an agricultural country. Near about 70 percent of Indian population depends upon agriculture directly or indirectly. Agriculturists want credit for cultivation, because they are economically poor. The first central cooperative bank was registered in Uttar Pradesh in 1906 as a primary society followed by Bombay in 1910. Soon after the amendment of the cooperative societies Act in 1912 a large number of central banks were established. At present the Indian short-term cooperative credit...