ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Gujarat: Collapse of Urban Cooperative Banking Sector

The cooperative banking system in Gujarat, which was part of the larger cooperative movement in the state, began to be undermined when its financial resources became a means of dispensing political patronage. With the collapse of several banks, the delegitimisation of the cooperative movement in the state is complete, shutting out the possibility of wealth creation and social participation for marginalised communities.

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