Global Cooperative Conference

IAS Current Affairs

5 hours ago

Source: PIB
GS III: Economy

Overview

Why in the News?

Prime Minister Narendra Modi inaugurates Global Cooperative Conference 2024 at Bharat Mandapam in New Delhi.

It was hosted by the Indian Farmers Fertiliser Cooperative Limited (IFFCO).
ICA is organised first time in India.
The 18 ICA member organizations in India represent close to 800,000 cooperatives and 290 million cooperators.
Prime Minister will launch the UN International Year of Cooperatives 2025

The conference theme is: “Cooperatives Build Prosperity for All”.
There will be four plenary sessions, each accompanied by four parallel sessions, to create an Action Agenda for Cooperatives to accelerate the SDGs.
To accomplish this, the conference has 4 key themes:
- Enabling Policy and Entrepreneurial Ecosystems
- Reaffirming the Cooperative Identity
- Nurturing Purposeful Leadership
- Shaping a Just, Equal and Resilient Future.

Objective

Gain valuable insights and perspectives from renowned experts
Chance to connect and collaborate with a diverse group of professionals
Participate in engaging workshops and training sessions
Explore innovative solutions, technologies, and best practices for the cooperative movement.

Focus on the theme, “Cooperatives Build a Better World,”.
It underscores the transformative role cooperatives play in promoting social inclusion, economic empowerment, and sustainable development.
The UN SDGs recognize cooperatives as crucial drivers of sustainable development, particularly in reducing inequality, promoting decent work, and alleviating poverty.
The year 2025 will be a global initiative aimed at showcasing the power of cooperative enterprises in addressing the world’s most pressing challenges.

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