Steno Kailash Chandra Vol-3 Dictation No. 679

The credit movement in this country started in 1904 and it had its own difficulties since the last several decades. The main problem regarding co-operative credit has been that it has been ultimately untimely and inadequate. In 1904, the Co-operative Societies Act was passed which was later amended in 1914. Then, there were certain committees appointed and they reported about the weaknesses of the credit movement in the country.