In contrast, what are the merits of the cooperative system?
A. Members can pressurise the government because of their collective strength and gain financial help and various facilities to increase production. They can pressurise the government to provide better irrigation facilities and high yielding seeds and even make infertile land productive. Furthermore, the maxim of cooperatives will be: “More production, more dividends and more bonuses.” Wages will be earned according to the amount of labor done by the laborer, while bonuses will be paid on the basis of the net per annum profit of the cooperative. Cooperatives can take huge loans from a bank or the government to purchase modern equipment and construct dams, barrages and shift or lift irrigation facilities to increase production.
