Saturday April 4, 2020
Home Uncategorized Five reasons ...

Five reasons why cooperatives perform better

0
//

With the capitalist powers grabbing control of the economic machinery of India, the poor are getting poorer day by day. While the capitalists focus on maximizing output using minimum manpower, the issue of empowerment gets overshadowed. What India needs is a strong democratic setup in the market to address the issue. And for that, cooperatives become important.

Besides promoting empowerment, they play an integral role in the nation building process, especially by assisting in building a sustained economy. These are the five features which help cooperatives not only to empower people but help in developing an advanced self-sustainable economy.

1. Open and Voluntary membership: There are no strict rules in joining and leaving a cooperative. Individuals with a common goal and interest get together and set up a cooperative. Moreover, religion, caste, and sex do not play a part in setting up a cooperative.

2.  Finances controlled by members: All members make small contributions to building up a cooperative, which cumulatively becomes substantial. This process allows individuals to collectively set up businesses that provide mutual support to each other, who otherwise are constrained with their meager finances. Later they also approach banks and other financial institutions for loans.Thus, an individual is not under financial pressure due to loans as the burden is all divided.

3. Democratic control: There is no single boss to manage the administration of the cooperative. A committee elected by the members looks after the functioning of the cooperative. While business organizations are autocratic in nature, a cooperative is run by the devolution of power, quite akin to a democracy.

4. Distribution of surplus: The cooperative bodies are not profit-oriented enterprises and the surplus is divided among the members. However, a certain percentage is always retained for the advancement of the cooperative.

5. The motive of service: The main objective of a cooperative is to increase the living standards of the members. The main objective is never to maximize the profit of an individual. So empowerment and creating jobs opportunities is a noble service that the cooperatives aim at. (image courtesy: glocdn.investing.com)

Next Story

Know How Teenagers Who Feel Empowered are Less Likely to Commit Violence

Teens who feel empowered less likely to bully, harrass or commit sexual violence

0
teengers bully
Researchers have found that teenagers who feel personally empowered are less likely to bully, harass or commit acts of sexual violence. Pixabay

Dear parents, please take note. Researchers have found that teenagers who feel personally empowered are less likely to bully, harass or commit acts of sexual violence.

The study, published in the Journal of Youth and Adolescence, also found that teens who think their friends support violence prevention and healthy relationships are less likely to mistreat their peers.

“Coping mechanisms that help adolescents thrive and do well, even in the face of stress and adversity, are important to preventing interpersonal violence,” said study lead author Victoria Banyard from Rutgers University in the US.

“This is an important finding, as studies of bullying typically examine risk factors rather than protective factors,” Banyard added.

teengers bully
Teengers may face online bullying, harassment, racial bullying, and unwanted sexual contact. Pixabay

For the findings, the researchers surveyed a set of 2,232 middle and high school students online during the school year by seeking their level of agreement or disagreement with statements including “If I am feeling sad, I can cheer myself up,” “My opinion is important because it could someday make a difference in my community,” “I work hard now to make a good future for myself,” “I am comfortable being with people who are of a different race than I am,” and others.

They were asked about bullying and harassment, alcohol use, positive social norms related to violence prevention, and a combination of interpersonal strengths.

According to the researchers, the teens were surveyed again six months later.

The findings suggest that bullying, harassment and sexual violence can be reduced when adolescents learn to cope with stress, build community connections, engage with individuals from diverse backgrounds and feel empowered and able to build a positive future.

Also Read- Diarrhea: A Prominent Symptom of COVID-19

According to the researchers, adults can help young people develop these strengths. Positive conversations with teens about healthy relationships support the positive social norms we know are important.

Adolescence is a high-risk age for perpetration of different forms of peer-based violence including in-person and online bullying, harassment, racial bullying, and unwanted sexual contact, the researchers explained. (IANS)