Co-operative sector is the lifeline of the Country, which has played a pivotal role in the socio-economic development of the country in the post-independence era. The co-operative movement in India has immensely benefitted all the sections of society particularly the farming community, who had played a crucial role in making the county self-reliant in food production. The well earned success of the movement is to be shared by all concerned who contribute for the fabulous growth of the movement. Of course, there can be no success and growth without the willing contribution by the members, leaders and the employees of the societies who should play their well defined role meaningfully with a sense of dedication and determination.
In the Union territory of Puducherry, there is a strong and vibrant co-operative set up and in every village there is at least one co-operative society, be it agricultural credit or dairy co-operative.
The co-operatives are the preferred instruments of socio-economic development. Their contribution to the national economy of the country is very significant. In the wake of declining role of public sector and various limitations of private sector, relevance of co-operatives is achieving greater heights. In the emerging environment of capitalistic form of society, co-operatives must succeed to provide opportunities to marginal and deprived section of society for their socio-economic development. Government is also committed to provide policy support for the development of co-operative sector in the Country.