Why is sugar industry ideally suited to the cooperative sector? -SST 10th

1 Answer

Answer :

(i) The sugar industry is seasonal in nature and so is ideally suited to the cooperative sector.  (ii) For entire year the farmers are engaged in producing sugarcane as it is an annual crop. When the crop is reaped, the farmers pool together their resources, set up mills within the sugarcane producing areas and produce sugar.  (iii) The seasonal nature of the sugar industry is combated by setting up cooperative where farmers share the profits and losses.

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