Title:
Z SCORE ANALYSIS OF COOPERATIVE DAIRY UNITS OF MAHARASHTRA

Authors:
Mrs. Bhagyashree S. Kunte, Prof. Dr. Sanjay Patankar

Volume - 2 Issue - 12, Pages - 5463-5474

Abstract:
The wilful and planned efforts of people and government, reflected through successful implementation of programmes like Operation Flood, National Dairy development programme transformed India from its deficit state in milk production to the world's largest milk producing country. Cooperative sector played a major role of bringing the small scattered milk producers in the value chain of dairy industry in India. Under the Cooperative form of organisation these small and marginal milk producers became the farmer members of the milk unions. These milk unions provide services like veterinary services, fodder, and feed and consultancy services to the farmer members either free of cost or at reasonable price. However to sustain in the competitive world, these cooperative milk processing and producing unions should be economically viable. The present study is intended to evaluate the financial health of 10 cooperative dairy units in Maharashtra using Z score analysis. The Z Score analysis reveals that all of the 10 dairy units have the Z score more than 3 for all 5 years. As per Altman's Z score analysis all the 10 units are financially healthy.

Cite this Article:

[Kunte, Bhagyashree S. "Z SCORE ANALYSIS OF COOPERATIVE DAIRY UNITS OF MAHARASHTRA." International Journal of Social Science and Economic Research, vol. 2, no. 12, 2017, pp. 5463-5474. December.]