Difference between Consumer cooperative Society and …

Consumers’ Cooperative Society – Consumers’ cooperatives are created by the consumers to get there on daily basis requirements at evenhanded prices. Such a society buys goods directly from manufacturers and wholesalers to get rid of the profits of middlemen.

• Nature of Business: Purchasers or consumers of the different products establish these organizations.
• Objective: To supply the necessary goods at a reasonable price is the main objective.
• Fields: It’s very much suitable to provide daily necessary goods to the huge consumers who live the same locality.
• Functions: Products distribution is the main function among the members.
• Advantages: It ensures large scale of purchases.

Producers’ Cooperative Society – Producers or industrial cooperatives are voluntary associations of little producers and artisans who join hands to face opposition and augment production.

• Nature of Business: It is built by the collection of same products producers.
• Objective: To protect the producer’s right in the way of producing the products regularly with the proper distribution.
• Fields: Generally their activities are surrounded in the field of small and cottage industries.
• Functions: It’s restated to the productions activities.
• Advantages: It ensures large scale productions.