India is set to make history by hosting the International Cooperative Alliance (ICA) Global Cooperative Conference and General Assembly for the first time in 130 years. This monumental event, scheduled from November 25 to November 30, 2024, will take place at Bharat Mandapam, Pragati Maidan, New Delhi. The conference symbolizes India’s growing role in the global cooperative movement, aligning with the theme, “Cooperatives Build Prosperity for All”—a concept resonating with Prime Minister Narendra Modi’s vision of “Sahkar Se Samriddhi” (Prosperity through Cooperation).
Significance of the Global Cooperative Conference in India
Hosting the ICA Global Conference highlights India’s remarkable contributions to the cooperative sector. As home to one-fourth of the world’s cooperatives, India represents a massive force in terms of both number and membership. With the active involvement of 3000 representatives, including 1000 international delegates from over 100 countries, this conference will provide a vital platform for discussing global cooperative strategies and solutions.
The event also marks the official launch of the United Nations International Year of Cooperatives 2025, emphasizing the critical role cooperatives play in promoting inclusive development and sustainability worldwide.
Key Highlights of the ICA Global Cooperative Conference 2024
- Theme and Vision:
The conference theme, “Cooperatives Build Prosperity for All,” aligns with India’s broader cooperative objectives, emphasizing the creation of wealth through collaboration and inclusive growth. - Showcasing Indian Cooperatives:
A dedicated exhibition, styled as an Indian Village Haat, will showcase the products and services of Indian cooperatives, reflecting their deep cultural roots and innovation. - Environmental Commitment:
Continuing India’s environmentally conscious legacy, the event will be carbon-neutral. To offset emissions, 10,000 Peepal trees (Ficus Religiosa) will be planted nationwide, under the guidance of Union Cooperation Minister Amit Shah. - Prominent Guests:
The conference will host distinguished attendees, including:- Prime Minister Narendra Modi (event inaugurator)
- Prime Ministers of Bhutan and Fiji
- UN representatives
- Key figures from the global cooperative movement
India’s Cooperative Success Story
Under Prime Minister Modi’s leadership, India’s cooperative movement has reached new heights. The creation of a dedicated Ministry of Cooperation has streamlined the development of cooperatives across diverse sectors. Noteworthy initiatives include:
- Implementation of PACS Model Bye-laws: Streamlining cooperative operations through modernized primary agricultural credit societies (PACS).
- Launch of Three New National Cooperatives:
- National Cooperative Organics Ltd. (NCOL)
- National Cooperative Exports Ltd. (NCEL)
- Bharatiya Beej Sahkari Samiti Ltd. (BBSSL)
India has also embraced digitization, ensuring transparency and efficiency in cooperative operations.
Global Cooperative Movement: A Sustainable Future
The ICA Global Cooperative Conference aims to address pressing global challenges such as climate change, biodiversity loss, and inequality. The cooperative model offers scalable solutions, emphasizing inclusivity, sustainability, and democratic governance. According to ICA Director General Jeroen Douglas, cooperatives have already touched over one-eighth of humanity, proving their potential as transformative agents for sustainable development.
IFFCO, a leading name in India’s cooperative movement, has played a pivotal role in advancing environmental initiatives. Over the years, its subsidiary IFFDC has emerged as a leader in carbon credit earnings, showcasing India’s commitment to environmental sustainability.
What the Conference Means for India
By hosting this prestigious event, India is positioning itself as a global leader in the cooperative movement. The conference will highlight the country’s cooperative achievements, from grassroots innovation to global impact. It will also provide an opportunity to:
- Strengthen international partnerships.
- Share best practices in cooperative governance.
- Promote Indian cooperative products to a global audience.
Conclusion
The ICA Global Cooperative Conference 2024 is more than an event—it is a testament to the power of cooperation and India’s commitment to global prosperity. With its environmentally conscious approach and inclusive vision, the conference embodies a future where cooperative principles drive economic growth and social harmony.
By leveraging its vast cooperative network and showcasing its innovations, India is poised to inspire the world and redefine the cooperative movement for generations to come.
