The word poverty it self is subjective and refers to some sort of deficiency of resources. It is relative word, however it has been defined by many experts and institutes differently. Every society is fighting against poverty by using various means. Cooperative organisation is one of the institutional means which can help reducing poverty of the members of the society. The small piece of paper written here was published in ‘PAC’ community concerned with poverty on the platform of World Bank, was published on its PAC site in year 2003.
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Keywords: poverty, cooperatives
JEL Classification: I3, P13