Agricultural Cooperatives Act

The Agricultural Cooperatives Act is legislation that governs the formation, operation, and regulation of agricultural cooperatives—organizations owned and run collectively by farmers and rural producers. Its purpose is to promote farmers’ economic interests by facilitating joint purchasing, marketing, and resource sharing, thereby increasing bargaining power and reducing costs. The Act provides a legal framework to ensure transparency, fair governance, and accountability within cooperatives, encouraging sustainable agricultural development and helping farmers stabilize income and access markets efficiently.