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Co-operative movement basically being peoples movement was initially launched by
the government of India in 1904 and later by the provincial governments.Karnataka
which was subjected to diferent administration before 1956, had no uniform growth
of movement in each unit, but each area had its own fascinating historical evolution.The
special features of co-operative movement in old Mysore was that a decade earlier
to the launching of movement i.e in 1894, the model Mysore had promoted rural oriented Agricultural Banks which were the associations of the small land holders,
on the principles of limited guarantee. These associations had imbibed the principles
of both joint stock companies in their structure and co-operative ideals in their
modus operandi and lending rates etc,which were far below than the rates outside.The
co-operative societies regulation 1905 of Mysore was more progressive and comprehensive
compared to the all India act of 1904, since it had provision for establishing non
agricultural non credit co-operatives which generally were founded in 1912 in other
parts of the country.
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