The Indian Farmers Fertiliser Cooperative Limited (IFFCO) has stepped up to 65th position in overall turnover ranking from 125th position in last financial year and now is at the top spot among 300 leading cooperatives in the world.
The ranking is based on the ratio of turnover over the gross domestic product (GDP) per capita.
IFFCO with more than 36,000 member cooperatives and a group turnover of nearly 7 billion dollars, it is amongst the biggest cooperative institutions in the world.
The International Cooperative Alliance (ICA) and the European Research Institute on Cooperative and Social Enterprises (Euricse) launched the 2020 edition of the World Cooperative Monitor during an international webinar on 21 January 2021.
The report is the 9th annual one and explores the economic and social impact of the largest cooperatives and mutual worldwide, providing a ranking of the Top 300, sector rankings, and an analysis of responses to the current global challenges.
No comments:
Post a Comment