Face2News/Chandigarh
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 12th Annual World Cooperative Monitor (WCM) report published by International Cooperative Alliance (ICA). IFFCO has also stepped up to 72nd Position in overall Turnover ranking from 97th 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.
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.
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 Shri 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 Agri Drones.IFFCO is also engaged in identifying suitable Village Level Entrepreneurs, who will be trained to operate these Drones as “Certified Pilots”. These drones will be deployed as per the location and schedule of training of these rural entrepreneurs.
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.