IFFCO wins global seat in International Cooperative Alliance

Co-operative major IFFCO has won and retained the post of director on the board of International Co-operative Alliance (ICA).
IFFCO said in a statement that its candidate Aditya Yadav retained his position in the board of directors, comprising 20 members.
He won the general election by the highest ever votes 627 out of 696 across the globe, leaving behind countries such as Japan, US, Canada, UK, Australia, Italy and Brazil, it added.
IFFCO has also moved up to 105th rank from 155th in World Cooperative Monitor which ranks top global 300 cooperatives.
IFFCO MD U S Awasthi said, "We are extremely proud that IFFCO retains the coveted seat at ICA for the second time in a row. It is honour that India's contribution towards strengthening the cooperative movement and farmer service has been recognised in the global market."

ICA organised its global conference and general assembly 2017 in Kuala Lumpur, Malaysia during November 14-17, 2017. It is a non-profit international association established in 1895 to advance the co-operative model.
The alliance is the apex organisation for co-operatives worldwide, representing 284 co-operative federations and organisations across 95 countries.
Ariel Guarco from Argentina is the new President of the ICA.