IN NEWS:
IFFCO and Amul Ranked Among World’s Top Cooperatives in ICA Global Rankings
ANALYSIS:
- Context: India’s leading cooperative institutions — Indian Farmers Fertiliser Cooperative Limited (IFFCO) and Gujarat Cooperative Milk Marketing Federation (Amul) — have achieved top global recognition in the International Cooperative Alliance (ICA) World Cooperative Monitor 2025 rankings.
- Event Details:
- The rankings were announced at the ICA CM50 Conference held in Doha, Qatar.
- Both organizations have been ranked among the top cooperatives worldwide based on GDP per capita performance.
- Significance of Recognition:
- This recognition underscores India’s robust cooperative movement, emphasizing collective ownership, rural empowerment, and sustainable business practices.
- It also highlights India’s contribution to global food security and agri-based economic development.
- About IFFCO’s Performance:
- IFFCO continues to uphold cooperative values by empowering farmers through sustainable fertiliser production, digital innovation, and environmental stewardship.
- Profits are reinvested into community development, green initiatives, and technological upgrades, reflecting a farmer-first approach.
- About Amul’s Contribution:
- Amul’s dairy cooperative network has transformed rural livelihoods through self-reliance and collective ownership.
- It symbolizes India’s cooperative success in agriculture, food processing, and agribusiness, serving as a model for inclusive rural development.
STATIC PART (For UPSC Relevance):
- International Cooperative Alliance (ICA):
- Founded: 1895.
- Headquarters: Brussels, Belgium.
- Purpose: To promote and strengthen cooperative enterprises worldwide and publish the World Cooperative Monitor annually.
- IFFCO (Indian Farmers Fertiliser Cooperative Limited):
- Founded: 1967.
- Headquarters: New Delhi, India.
- One of the largest cooperatives in the world, focusing on fertiliser production and farmer empowerment.
- Amul (Gujarat Cooperative Milk Marketing Federation):
- Established: 1946 in Anand, Gujarat.
- Operates as India’s largest dairy cooperative, owned by millions of milk producers.
- Central to India’s White Revolution, making the country the largest milk producer globally.
- India’s Cooperative Sector:
- Plays a vital role in agriculture, rural credit, and dairy production.
- Guided by the principles of mutual aid, democratic management, and equitable growth.
Updated – 05 Nov 2025 ; 08:45 AM | News Source: All India Radio News (newsonair.gov.in)