Various development activities in agriculture multi state cooperative society, small industry marketing and processing, distribution and supplies are now carried on through multi state cooperative society. the cooperative society in the State have made an all-round progress and their role in, and contribution to agricultural progress has particularly been significant. The schemes regarding the construction of go downs and the conversion of villages into model villages have assumed great importance in the wake of the Green Revolution. The credit cooperative society Movement was introduced into India by the Government as the only method by which the farmers could overcome their burden of debt and keep them away from the clutches of the money-lenders. The Credit Societies Act, 1904 was passed by the Government of India and rural credit societies were formed. Through the appointment of registrars and through vigorous propaganda, the Government attempted to popularize the Movement in the rural areas. Within a short period, the Government realized some of the shortcomings of the 1904 Act and, therefore, passed a more comprehensive Act, known as the co-operative societies Act of 1912. This Act recognized non-credit societies also. But the rural credit societies have continued to be predominant till now. The Primary Agricultural Credit/Service Societies The agricultural cooperative credit structure in the Punjab State is broadly divided into two sectors, one dealing with the short-terms and medium-terms finance and the other with the long-term credit. In the State, the short-term and medium-term credit structure is based on a three system, the Apex co-operative Bank at the State level, the Central cooperative Bank at the district/tensile level and the Primary Agricultural Credit/Service Societies(PACS) at the village level. The major objectives of the primary agricultural credit service societies are to supply agricultural credit to meet the requirements of funds for agricultural production, the distribution of essential consumer commodities, the provision of storage and marketing facilities and for light agricultural implements and machinery.