JAGRUTHI MUTUALLY AIDED Co-Operative Thrift Society Ltd. is an autonomous association of persons united voluntarily to meet common economic, social, and cultural needs and aspirations through a jointly-owned and democratically controlled enterprise. It is registered under Andhra Pradesh Mutually Aided Co-operative Societies act 1995, as a cooperative society to work on the principles of self-help, thrift, and credit via mutual co-operation.
JAGRUTHI MUTUALLY AIDED Co-Operative Thrift Society is also a legal entity to conduct business besides forming a company pooling together human resources in the spirit of self- and mutual-help with the object of providing services and support to its members. JAGRUTHI MUTUALLY AIDED Co-Operative Thrift Society carries out its business under the following principles:
a. Voluntary and open membership
b. Democratic control, one member one vote.
c. Autonomy and independence
d. Promoting economic activities
e. Promoting education and information technology
f. Co-Operation among such societies
g. Concern for the social and ecological environment