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What does MACS stand for?

MACS stands for Mutually Aided Cooperative Society


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More than ten Indian federal states are in the process of drafting new cooperative laws, sometimes in the form of "parallel" laws that supplement existing legislation. The new laws are based, to a large extent, on the Mutually Aided Cooperative Society Act of Andhra Pradesh [1995] which introduced, for the first time, the concept of full cooperative autonomy and self-reliance in India. In addition, Fiji [1998], Indonesia [1992], Jordan [1997], Malaysia [1992], Mongolia [1993], Nepal [1992], the Philippines [1990], Thailand [1999] and Viet Nam [1996] have adopted new cooperative laws.