Principles and Practice of co-operative Banking in India

Co-operative Banks now provide 25-30 per cent of the credit requirements of Indian farmers and the role assigned to such banks in assisting in the increase of food production under the Five Year Plans offers enormous scope for their development. This development is, however, handicapped by lack of trained personnel and lack of proper understanding of the vital role of co-operative banking in agricultural finance in a country like India, both among personnel administering and managing co-operative banks and in the country generally. Mr. Choubey's book will help considerably in removing these deficien cies. For the general reader, including the policy makers, it will provide a clear analysis of the role and importance of co-operative banking. For people engaged in running co operative banks and for those training for such activities, the book will serve as an invaluable systematic treatise covering both theory and practice and drawing on experience not only in India but also abroad and hence will help in the development of trained cadres and in the evolution of the uniform co-operative banking standards necessary to guide day-to day operations. Mr. Choubey covers also the provision of urban credit or salary earners, artisans, professionals and other self-employed persons through co-operative banks.

In addition to its utility as a textbook for institutions, training officers of state co-opera tive departments and co-operative banks, the book will be found most useful by students and teachers of economics.