International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064

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Case Studies | Commerce and Economic Studies | India | Volume 12 Issue 11, November 2023

Impact of Cooperative Societies on Employment and Socio-Economic Development: Insights from Kerala

Parvathy P [3]

Abstract: Undeniably, Poverty is a major global issue. There are many factors leading to this situation. In fact, unemployment is seen to contribute to this poverty problem. Cooperative societies are one of the effective techniques that can be used to eradicate poverty. cooperatives could become sources of self ? reliance for the senior citizens, entrepreneurship for the energetic and educated youth and differently abled thus cooperatives promoted self-help and collectively self-reliance. cooperative societies can make use of the potential of this sector by establishing various initiatives without any outside funding. This study explores the role of cooperative societies in addressing unemployment and socio-economic challenges in Kerala. By examining various initiatives, the paper demonstrates how cooperatives can be instrumental in creating employment opportunities and promoting socio-economic development, especially in regions rich in educated human resources like Kerala.

Keywords: cooperative societies, cooperative initiatives, unemployment, entrepreneurship, self-reliance

Edition: Volume 12 Issue 11, November 2023,

Pages: 1657 - 1659

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