Under which basis of industrial classification do cooperatives fall? Name any one industry in India that operates successfully under the cooperative ownership model.
Generated by claude-sonnet-4-6 · 2026-06-26 13:32 · grounding rag
Model Answer
Cooperatives fall under the ownership-based classification of industries.
The sugar industry in India operates successfully under the cooperative ownership model. Maharashtra and other southern states have especially successful sugar cooperatives, as the cane there has higher sucrose content and the seasonal nature of the industry suits the cooperative sector.
Source: Chapter 6, Sugar Industry section
Explanation
- The two marks are split: 1 mark for naming the basis of classification (ownership), and 1 mark for a correct example.
- The textbook explicitly states that the sugar industry "is ideally suited to the cooperative sector" and that "cooperatives are more successful" in Maharashtra — so sugar industry is the safest, most textbook-backed answer.
- Avoid writing lengthy descriptions; one clear example with brief justification is sufficient for 2 marks.