Operational Efficiency of the Pondicherry Health Employees Co-operative Society: A Study

Abstract

Activity in a Co-operative Spirit and in a commercial spirit has distinction. In Co-operative activity the purpose is not to earn profit but it is collective activity of the members for common purpose. No one is owner of the Co-operative activity but all are members of such activity. The urban credit co-operatives including Employees’ Cooperative Banks were registered under All India Co-operative Societies Act 1912. Subsequently, urban credit co-operatives/ employees’’ co-operatives were organized in various parts of the country. Among the non-agricultural credit co-operatives next to the urban co-operative banks, prominent are the employees’ co-operative credit societies, salary earners’ co-operatives and employees’’ co-operative banks. This paper will argue that cooperatives present a strong alternative for playing an important role in the health-set up of the country. On this line, health care employees play a vital role in facilitating and providing medical services to people. This service may be considered as Nobel service to humanity. Further, economic viability of those people is great factor for doing their profession effectively, in order to fulfill their credit needs and banking services, formal system take place in such a healthy way. In this way, health care employees’ cooperative credit societies are functioning to promote their involvement in doing health services indirectly by way of fulfilling their credit needs and which creates healthy attitude to perform duty well. The prime objective of the study is to examine the working performance of the PHECCS. This study is an Empirical Research in nature.