World Cooperative Monitor report 2021: IFFCO ranks first
Indian Farmers Fertiliser Cooperative Limited (IFFCO) ranked 65th in the overall turnover ranking from 125th in the last financial year and is in the leading position among the world’s 300 leading cooperatives. The ranking is based on the ratio of turnover over the gross domestic product (GDP) per capita. It signifies that IFFCO is contributing significantly to the GDP and economic growth of the nation. The ranking is as per the 2021 edition of the 10th Annual World Cooperative Monitor WCM report published by the International Cooperative Alliance ICA.
About the report:
- The 2021 WCM report is published by the International Cooperative Alliance (ICA) and European Research Institute on Cooperative and Social Enterprises (Euricse). WCM is a project designed to collect robust economic, organizational, and social data about cooperatives worldwide.
- The report is the 10th 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: Covid and climate change.