Co-operative principles - 7 Ingredients for a fairer economy
Bageshwar Ecotourism Co-operative Society (BECS) features as a showcase for co-operative principles.
As well as having a say in how the enterprise is run, the members of a co-operative contribute to the capital of the organisation. Surplus generated by the activity of the co-operative can be used to further the growth of the co-operative and to deliver other projects - usually seeking social benefit - but also to pay members a dividend in proportion to their transactions with the organisation.
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