ICA Global Cooperative Conference 2024: A Historic First for India

India is proudly hosting the Global Conference of the International Cooperative Alliance (ICA) for the first time. This landmark event marks a significant step in strengthening the cooperative movement not only in India but also globally.

The conference, held at the iconic Bharat Mandapam, reflects India’s growing leadership in the cooperative sector. The event aims to foster collaboration, share best practices, and equip the global cooperative movement with innovative tools for the 21st century.

Prime Minister Modi’s Key Highlights

Prime Minister Narendra Modi, addressing the conference’s inauguration, emphasized the transformative potential of the cooperative model. He stated:

  • India is committed to expanding the cooperative movement and making it a pivotal part of the nation’s progress.
  • The event provides an opportunity to gain valuable insights into India’s cooperative journey and its future direction.
  • India’s experience will offer the global cooperative community a fresh perspective, modern tools, and renewed energy to address 21st-century challenges.

Why Is This Conference Significant?

The ICA Global Cooperative Conference 2024 is not just a platform for discussions but a gateway for India to showcase its achievements and aspirations in the cooperative sector. Here’s why it matters:

  • Global Collaboration: Facilitates dialogue between nations, promoting the exchange of ideas and solutions.
  • Innovative Tools: Introduces advanced technologies and strategies to strengthen the cooperative model.
  • Empowering Communities: Highlights how cooperatives can address social and economic challenges effectively.

Cooperative Movement in India: A Growing Force

India has a long history of cooperative success, especially in agriculture, banking, and rural development. The conference underscores the country’s ambition to take this movement to new heights by integrating modern technology and innovative practices.

Key Insights from the ICA Conference

AspectDetails
Focus AreasAgriculture, finance, technology, and inclusivity
ParticipantsGlobal leaders, policymakers, and experts
OutcomeRoadmap for the future of cooperatives

FAQs

1.Why is the ICA Global Cooperative Conference 2024 significant for India?

This is the first time India is hosting the ICA conference, showcasing its leadership in the cooperative movement and promoting global collaboration.

2.How will the conference benefit the global cooperative movement?

It introduces 21st-century tools, fresh perspectives, and innovative strategies for cooperative success worldwide.

3.What role does India play in the cooperative sector?

India has a rich history of cooperatives, especially in agriculture and rural development, and aims to lead with modern practices and technology.

This conference marks a turning point for both India and the global cooperative community, setting the stage for sustainable growth and innovation.

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