It is to be noted that the role of the co-operatives is inexplicable in the peace, prosperity and economic growth of the modern societies. The role they play for the sustainable economic transformation of the societies has brought significant change in the living standard of the modern people. The concept of co-operatives has fostered the corporate cultures, share social/ economic vision and collaborative approach of investment in the productive and employment generating areas. Therefore, the concept of co-operatives has a key role to bring our society in to the global standard. - Reeta Kumari Rai