"Cooperatives have received a setback during the recent past." Justify the given statement with valid explanation. Explain the reasons behind less number of regular salaried employees in rural areas as compared to urban areas.

Question

Accepted Answer

Cooperatives have received setback:

Justification:
1. Bureaucratic delays
2. Limited autonomy
3. Inadequate funding
4. Poor management
5. Competition from private sector

Reasons for less regular salaried employees in rural areas:

1. Limited industrialization
2. Agriculture-dominated economy
3. Lack of formal sector jobs
4. Skills mismatch
5. Migration to urban areas

Rural areas need more formal employment opportunities through industrialization and skill development.