A STUDY ON COOPERATIVE SOCIETIES IN ECONOMIC DEVELOPMENT

This study examines the impact of cooperative societies on economic development in the Kumaun Division of Uttarakhand, India. Using primary data collected from 150 respondents across the Almora, Nainital, and Udham Singh Nagar districts, this study analyzes the role of cooperatives in promoting financial inclusion, agricultural productivity, and rural entrepreneurship. Descriptive statistics, ANOVA, and post-hoc tests revealed significant differences in cooperative performance across districts, with cooperatives in Udham Singh Nagar demonstrating relatively stronger economic contributions. The findings suggest that, while cooperatives have been instrumental in enhancing livelihoods and economic resilience, their effectiveness varies based on geographical conditions, institutional support, and infrastructure accessibility. This study provides recommendations for strengthening cooperative movement in the region through policy interventions, capacity building, and enhanced technological integration.