The Working Capital Efficiency of the Perundurai R.S. Primary Agricultural Co-Operative Credit Society - An Assessment

The co-operative movement in India has taken deep roots in various sectors and its making a significant contribution towards Agricultural and economic development. Particularly the primary agricultural co-operative credit society plays very important role in agricultural development and they are considered as the pillars of the Agricultural development in India. Primary Agricultural Co-operative credit societies (PACCS) actively engaged in the provision of the improved service to the farmers as a point of dissemination of the technology and the improved cultivation practices. A PACCS is a basic unit and smallest co-operative credit institutions in India. PACCS occupy a predominant position in the cooperative credit structure and form its base. It works on the grassroots level of a village or a group of village. It is the basic unit which deals directly with the rural (agricultural) borrowers, gives those loans and collects loans. A co-operative society can be assessed by the different way of method. Some of the important indicators are used to analyses the financial efficiency to study the growth of the selected society.