India Hosts Global Cooperative Conference 2024

November 23, 2024

India is set to host the International Cooperative Alliance (ICA) General Assembly and Global Cooperative Conference in Delhi. The event runs from November 25 to 30, 2024, and marks a historic first for India in the 130-year history of ICA. Prime Minister Narendra Modi will launch the ‘United Nations International Year of Cooperatives 2025’ on November 25.

Event Details

The conference will gather around 3,000 delegates, and approximately 1,000 participants will travel from abroad. Notable guests include Bhutan’s Prime Minister and Fiji’s Deputy Prime Minister. Union Cooperation Minister Amit Shah will lead the opening session.

Participation and Protocols

Over 100 countries are expected to participate. Some nations may require additional approvals. The Ministry of External Affairs is managing these protocols.

India’s Cooperative Landscape

India hosts 25% of the world’s cooperatives. There are about eight lakh cooperatives across the nation. This event showcases the strength and diversity of Indian cooperatives.

Environmental Initiatives

The conference aims to be environmentally friendly. Ten thousand peepal trees will be planted to achieve carbon neutrality. Only vegetarian food will be served, and alcohol will be prohibited.

Conference Theme and Subthemes

The theme is ‘Cooperatives Build Prosperity for All.’ Subthemes include supportive policies, entrepreneurial ecosystems, strong leadership, cooperative values, and shaping a prosperous future for the 21st century.

Significance of the Event

This conference is a vital opportunity for India to highlight its cooperative sector, which aims to encourage international cooperation and exchange of ideas among delegates. The event is expected to strengthen global cooperative movements.

Important Facts for Exams:
ICA – The International Cooperative Alliance is a global organisation representing cooperatives. Founded in 1895, it advocates for cooperative values and principles worldwide, promoting sustainable economic development.
IFFCO – The Indian Farmers Fertiliser Cooperative is one of the largest cooperatives in India. Established in 1967, it focuses on providing fertilisers to farmers, enhancing agricultural productivity nationwide.
Cooperative Values – Cooperative values include self-help, self-responsibility, democracy, equality, equity, and solidarity. These principles guide cooperative enterprises, encouraging community engagement and sustainable development across various sectors.

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