Question: Who is the pioneer of the cooperative movement in India?
Options:
Narisihaman
G. Gadekar
Nicholson
Marshall
✅Explanation:
Sir Frederick Nicholson, a British civil servant who served in India during the late 19th and early 20th centuries, is considered the father of the cooperative movement in India. He conducted extensive research on rural credit and agricultural cooperatives in Europe and made recommendations for establishing a similar system in India.
Nicholson's Report on Agricultural Banks, published in 1895, laid the foundation for the cooperative credit system in India. He advocated for the establishment of cooperative credit societies to provide affordable credit to farmers and rural communities. His vision and efforts led to the enactment of the Cooperative Credit Societies Act in 1904, which formally established the cooperative movement in India.
Sir Frederick Nicholson, a British civil servant who served in India during the late 19th and early 20th centuries, is considered the father of the cooperative movement in India. He conducted extensive research on rural credit and agricultural cooperatives in Europe and made recommendations for establishing a similar system in India.
Nicholson's Report on Agricultural Banks, published in 1895, laid the foundation for the cooperative credit system in India. He advocated for the establishment of cooperative credit societies to provide affordable credit to farmers and rural communities. His vision and efforts led to the enactment of the Cooperative Credit Societies Act in 1904, which formally established the cooperative movement in India.