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Vol. 12, Special Issue 9 (2023)

Performance and profitability of Gadat Vibhag Vividh Karyakari Sahkari Khedut Mandali Ltd., Gadat of Navsari district, Gujarat

Author(s):
Patel HM and Makadia JJ
Abstract:
Cooperative is a way of life and it has an important means for weaker section of the society. South Gujarat region is especially recognized for successful sugar and agriculture cooperatives. Apparently, this study provides more insight on the impact and performance of the small scale cooperatives. The present study was on “Performance and Profitability of Gadat Vibhag Vividh Karyakari Sahkari Khedut Mandali Ltd., Gadat of Navsari District, Gujarat”. The selected cooperative society is one of the oldest cooperative society existing since 1944. In order to fulfill the stipulated objectives of the study, the major analytical tools employed were tabular analysis, absolute change, relative change and cost concepts. The result revealed that, the commercial statement of the society for the year 2019-20 revealed the total sale of ₹ 18.98 Cr and purchase of ₹17.97 Cr and crop selling of ₹ 11.39 Cr with the commercial profit of ₹ 12.39 Cr. This data revealed that the position of the cooperative society is getting better with the passing years. The data clearly revealed that there was a significant development in the volume of business of co-operative society since base year 1999-2000 to 2019-20. This was due to the sphere of diversification of activities. The critical analysis of the net profit of the society of course was very small as compared to the business they made. The reserve fund and position of the society showed the soundness of society and creativity of continue efforts of members towards achievements of stated objective of the society. The society has increased their business in supply of pesticides, fertilizers, grocery, departmental activity, petrol-diesel etc.
Pages: 1100-1104  |  168 Views  96 Downloads
How to cite this article:
Patel HM and Makadia JJ. Performance and profitability of Gadat Vibhag Vividh Karyakari Sahkari Khedut Mandali Ltd., Gadat of Navsari district, Gujarat. The Pharma Innovation Journal. 2023; 12(9S): 1100-1104.

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