In this context, where does the cooperation stand? Is it just another form of private enterprise as it is viewed in many Western countries. If economic affairs can be organised in pursuit of certain values and if we consider certain values more important than others, then certainly we have every right to consider cooperation as an ideology based on certain set of values which offer well being of the common man.
The fact, however, remains that with the value system of universal and sustainable growth, the cooperatives have to work as economic enterprises with efficiency of the private sector. The cooperative values still remain important and relevant even if the cooperatives have to reorient themselves to meet the challenge of competition and quality.