Financial performance of selected DCCBs

Finance is an essential requirement for every productive activity. Agriculture in India needs more attention as it provides livelihood for 65 percent of population and directly contributing 20 percent to the national income. It is obvious that the contribution of agriculture sector to the national income is not in line with the number of people engaged in that sector, which calls for an immediate attention for increasing the production and hence for a prosperous agricultural economy. The formation of cooperative society was to provide agricultural loan at reasonable rate of interest was one of the mottos of cooperative movement at the initial stage.

The first cooperative credit societies act was introduced by the Government of India in the year 1904 with the intention that the focus of cooperatives would be given to the farmers and all primary cooperative credit societies will distribute agricultural loan to the farmers at the reasonable rate. The present study focus of the overall all business scenario of district central cooperative in Warangal in general and selected DCCBs in particular.