Entrepreneurship is defined as the creation of an innovative economic organization for the purpose of gain or growth under conditions of risk or uncertainty. In this context, cooperatives can be called community enterprises being managed by diverse member entrepreneurships.
Cooperative Entrepreneurship in India: Legal Framework
The legal framework of cooperatives is governed by Cooperatives Society Act, 1912; Mutually Aided Cooperative Thrift Society Act; and Multi-State Cooperative Societies Act, 2002.
Cooperative societies with members from one State are registered under the provisions of State Cooperative Societies Act concerned and are regulated by the State Registrars of the Cooperative Societies concerned.
Cooperative societies with ....
