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FARMERS’ SERVICE
SOCIETIES
FSS
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Rural financial institution(RFI) which is
introduced for reasons such as extending
credit integrated with modern inputs and
commodity markets related services,
improving rural poor's share in formal credit
and organizing a force to counter the power of
village moneylenders.
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A significant development in the matter of
arrangements for providing credit & allied
facilities to the economically weaker section
of the rural community .
Development of the society at large.
Well being of their members.
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Area of operation in 10-20 villages instead of 5-8
villages.
Membership will be more oriented to the hithertoneglected weaker sections of the rural population.
Management is to be vested with the weaker sectionby reserving two third of the board of management
for them.
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By early 1970s, it was found that multi-purpose
PACS had not succeeded much in diversifying
their operations, especially commodity
marketing and processing, in reaching the
weaker sections and in becoming viable. For
these reasons, among others, the National
Commission on Agriculture recommendedintroduction of farmers' service societies (FSS).
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SCB
DCCB
FSS
CREDIT
SERVICES
INPUT
SERVICES
COMMOTDITY
MARKETING
COMMODITY
PROCESSING
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ASHISH CHATURVEDI
VAINAV SHARMA(2000)
JANARDAN PRASAD
TIWARI(1868)
