·
Voluntary
and open membership: A minimum of ten members are required to form a
co-operative society. Anyone can join and leave.
·
Democratic
member control: The society is managed by a group known as “Board of Directors”. The members of the board of directors
are the elected representatives of the society.
·
Member
Economic Participation: Every member should have the minimum ability of
economic participation.
·
Autonomy
and Independence: Cooperative will not be run by others directions and
interference, it will run by its own way. It will be completely liberal.
·
Education,
Training and Information: Every member of the society should have proper
knowledge about the cooperative. They also should be provided with proper
training.
·
Co-operation
among Co-operatives: The members among cooperative and cooperatives should have
cooperation among them.
·
Concern
for Community: They will do what so ever, it will be done for community.
