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HomePosts Tagged "International Cooperative Alliance (ICA)"
Agribusiness, Company News, India, Interaction

Global Cooperative Conference in India will also mark the official launch of UN International Year of Cooperatives – 2025.

First Time in the 130 years long history of International Cooperative Alliance (ICA), the premier body for the Global Cooperative movement, with the initiative of IFFCO, the ICA General Assembly and Global Cooperative Conference will be hosted by India.  During ICA Board meeting in Brussels on June 28, 2023, IFFCO proposed hosting the ICA General Assembly and Global Conference in India which was agreed to by the Board members. Further, in meeting held at the headquarters of United Nations Organization (UNO) it was decided that the Global Cooperative Conference in India will also mark the official launch of UN International Year of Cooperatives – 2025. (UN IYC2025)

Amit Shah, Minister of Cooperation, Government of India will grace the event by his august presence on 25th November 2024 at 3 PM. He will chair the inaugural session of the Global Cooperative Conference as the Chief Guest. A commemorative stamp on International Year of Cooperatives – 2025 will also be launched in the event. Hon’ble Prime Minister is also being requested to inaugurate the event.

Jeroen Douglas, DG-ICA informed the press that the event is scheduled to be held from 25th November to 30th November 2024 at Bharat Mandapam, ITPO, Pragati Maidan, New Delhi. He said the theme of the event will be ‘Cooperatives Build Prosperity of All’ and the subthemes will be –

Enabling Policy and Entrepreneurial Ecosystems

Nurturing purposeful leadership to create prosperity for all

Reaffirming the Cooperative Identity

Shaping the Future: Towards Realizing Prosperity for all in 21st Century

Jeroen Douglas pressed on the fact that “IFFCO- the host for this event is the prominent partner of ICA and was ranked No. 1 in the World Cooperative Monitor (WCM) rankings for three consecutive years in world (based on Turnover/GDP Per capita).”

He informed that the Hon’ble Prime Minster of Bhutan, President of United Nations Economic Council (UN ECOSOC), President of International Cooperative Alliance, UN Representatives, ICA Members, Luminaries from the Indian Cooperative Movement will be among the 1500 distinguish guests representing over 100 countries are expected to participate in this event.

Dr Ashish Kumar Bhutani, Secretary Ministry of Cooperation informed the press that Theme of the event ‘Cooperatives Build Prosperity for All’ is in line with the Government of India’s slogan of ‘Sahkar se Samriddhi’ which exactly translates to ‘Prosperity through Cooperation’. With the formation of separate Ministry of Cooperation and Shir Amit Shah at the helm of affairs as the first ever Union Cooperation Minister, Indian Cooperative Sector has achieved new milestones achieving greater contribution in the National GDP by launching 54 initiatives for the growth and development of cooperative movement. Whether it be computerization of PACS or formation of three new cooperatives in the sectors where cooperatives didn’t have a national level presence, all these steps have put India at the forefront of the Global Cooperative movement with India becoming one of the fasting growing cooperative sectors.

Dr U S Awasthi, MD, IFFCO Ltd. said, “The theme of this conference is ‘Cooperatives Build Prosperity for All’ our long-term aim is to build a cooperative movement that is prosperous and secure. We are honoured to host international delegates in our home for an engaging exchange of ideas.”

Leading voice of Women in the Cooperative sector and first organization to reserve seat for woman Director on the Board, IFFCO has committed to encourage maximum participation of women cooperators. Large Networking sessions will be organized to bolster cooperation among Indian Cooperatives and Global Cooperatives which will ensure growth of Coop-to-Coop overseas business.

Global Cooperative Conference in India will also

Agro chems – Fertilizers, Award, Company News, India

The WCM ranking is based on the ratio of turnover over gross domestic product (GDP) per capita published by International Cooperative Alliance.

The Indian Farmers Fertiliser Cooperative Limited (IFFCO) has been ranked again as Number 1 Cooperative among top 300 cooperatives in the world, sustaining its position from last year. The ranking is based on the ratio of turnover over Gross Domestic Product (GDP) per capita. It signifies that IFFCO is contributing significantly to the GDP and economic growth of the nation. It relates the turnover of the enterprise to the wealth of the country according to the 2023 edition of the 12 th Annual World Cooperative Monitor (WCM) report published by International Cooperative Alliance (ICA). IFFCO has also stepped up to 72 nd Position in overall Turnover ranking from 97 th position in last financial year. IFFCO along with its 35,500-member cooperative societies, 25,000 PACS and 52,400 PMKSK centres progressing towards ‘Atmanirbhar Bharat’ and ‘Atmanirbhar Krishi’ is a testimony of prosperity through cooperatives.

IFFCO has maintained its No. 1 rank from past several years which is a testament to IFFCO and its management’s unwavering faith in the cooperative principles. This can also be seen as an indicator of strong cooperative movement in the country which has gained impetus since the formation of dedicated Union Cooperation Ministry under the able leadership of Amit Shah, Hon’ble Minister of Home Affairs and Cooperation, Government of India. Initiatives taken by the ministry has created a conducive environment that has enabled flourishment of Cooperative movement in India. Taking inspiration from Hon’ble PM’s vision of “Sahkar Se Samriddhi” and with years of hard work, research and experimentation on various crops, IFFCO developed World’s First Nano Urea and Nano DAP for farmers. IFFCO is procuring 2,500 Agri-Drones along with Accessories and Spares for spraying IFFCO Nano Fertilizers as well as Bio-fertilizers, Bio-stimulants like Sagarika and Argi- chemicals etc. IFFCO will train more than 5000 rural entrepreneurs and will distribute 2500.

Commenting on retaining the top position in consecutive years, Dr Uday Shankar Awasthi, Managing Director, IFFCO said, “It is a proud moment for us at IFFCO and the Indian Cooperative Movement as well. At IFFCO, we are always committed towards the mission of increasing farmers’ income ensuring wholesome growth of farmers across the nation, and strengthening the cooperative movement. We believe in innovation as it is the key to success that is why we introducing Nanotechnology based solutions for agriculture especially alternative fertilizers, beginning with IFFCO Nano Urea Liquid which has been received very well by the Indian farmers. Later, IFFCO launched IFFCO Nano DAP which was recently mentioned in Annual Budget of Government of India. I congratulate each and every one at IFFCO and entire cooperative fraternity of the country for this momentous achievement.”

The WCM ranking is based on the