ICA Global Cooperative Conference 2024 Keynotes

The ICA Global Cooperative Conference 2024 is set to inspire and ignite change. This year’s event promises a wealth of insights from thought leaders who are reshaping our world through cooperative principles. As we gather under one roof, the focus will be on building a sustainable future together. Get ready to explore how cooperatives can enhance prosperity for all while paving the way for innovation and collaboration in communities worldwide. Prepare yourself for an unforgettable experience that could transform perspectives!

ICA Global Cooperative Conference 2024

The ICA Global Cooperative Conference 2024 is a landmark event bringing together co-operators from around the globe. Attendees will engage in dynamic discussions, workshops, and networking opportunities focused on sustainability and cooperative growth. This conference serves as a platform to share ideas that can drive positive change within communities and industries alike.

Get in touch

We’d love to hear from you! Whether you have questions about the ICA Global Cooperative Conference 2024 keynotes or want to connect with fellow co-operators, reach out anytime. Your insights and ideas are invaluable as we work together towards a sustainable future through cooperation. Let’s build bridges and share knowledge!

Featured events

Explore a range of inspiring events at the ICA Global Cooperative Conference 2024. From workshops to panel discussions, each event is designed to ignite conversation and foster collaboration among co-operators worldwide. Engage with thought leaders and discover innovative strategies that enhance cooperative practices for a sustainable future. Don’t miss out on these unique opportunities!

Latest Cooperative News

New Amendments for Multi-State Cooperative Societies: Comprehensive Insights

The Multi-State Cooperative Societies Amendment Bill 2022 marks a significant development in the legislative framework governing cooperative societies in India. This amendment aims to address existing challenges, modernize regulatory structures, and ensure efficient management of multi-state cooperative societies (MSCS). Let’s delve into its key aspects, the rationale behind the changes, and its potential impact.

Introduction to Multi-State Cooperative Societies

Cooperative societies are voluntary associations of individuals with shared economic interests and needs. These societies operate on the principle of mutual assistance, enabling members to achieve collective goals while serving broader societal interests. Multi-state cooperative societies differ from state-level cooperatives as they operate across multiple states, registered under the Central Cooperative Register.

With over 1,500 MSCS in India, these entities are vital to sectors such as credit, agriculture, and rural development. However, the Multi-State Cooperative Societies Act of 2002 has not evolved to match the sector’s dynamic challenges, necessitating amendments.

Why Amend the Multi-State Cooperative Societies Act?

The current legislative framework, enacted two decades ago, fails to address several contemporary issues:

Compliance Gaps: Incorporating mechanisms to enhance compliance and operational efficiency is essential for cooperative growth.

Economic Changes: The cooperative sector’s growth demands updated regulations to ensure accountability and transparency.

Establishment of Ministry of Cooperation: In 2021, the Ministry of Cooperation was formed, emphasizing the need for a robust legal framework.

Financial Challenges: Poor financial health and trust issues within cooperatives call for stricter regulatory oversight.

PMINDIA

PMINDIA played a pivotal role in the inauguration of the ICA Global Cooperative Conference 2024. The Prime Minister emphasized the importance of cooperatives in fostering economic growth and social development. This collaboration reflects India’s commitment to sustainable practices, ensuring that cooperative values resonate globally while promoting shared prosperity for all participants involved.

PM inaugurates ICA Global Cooperative Conference 2024

The ICA Global Cooperative Conference 2024 was officially inaugurated by the Prime Minister, highlighting its significance for cooperative movements worldwide. This event aims to foster collaboration and innovation among cooperatives, paving the way for sustainable practices that can uplift communities everywhere. Attendees are eager to share insights and develop strategies for future growth.

Popular News

The buzz around the ICA Global Cooperative Conference 2024 grows daily. Recent highlights include innovative ideas from co-op leaders and inspiring stories of community impact. Media outlets are covering key sessions, showcasing how cooperatives drive sustainable development. Stay updated as we celebrate advancements that resonate well beyond the conference walls!

Recent News

Key Features of the Amendment

Election of Board Members

• A Cooperative Election Authority will oversee board member elections.
• The authority will comprise a chairperson, vice-chairperson, and up to three additional members appointed by the central government.
• Eligibility criteria require active members who have utilized services or attended at least three consecutive general meetings.

Grievance Redressal Mechanism

• The amendment proposes the appointment of one or more Cooperative Ombudsmen with territorial jurisdiction.
• Complaints must be resolved within three months, ensuring timely redressal.
• Unresolved cases can be appealed to the Central Registrar within a month.

Amalgamation and Division of Societies

• Societies can merge or divide through resolutions passed by at least two-thirds of present and voting members.
• Amalgamation can also occur with existing MSCS, promoting structural efficiency.

Funding for Sick Cooperatives

• A Cooperative Rehabilitation and Development Fund will support financially weak cooperatives.
• Contributions to this fund will come from profit-making cooperatives, capped at ₹1 crore or 1% of net profits, whichever is less.

Specified Cooperative Societies

• Societies with government shareholding or financial assistance fall under this category.
• The central government may direct or supersede the boards of these cooperatives, ensuring accountability.

Board Composition

• Boards will include up to 21 directors, with provisions for co-opting two experts in fields like finance or cooperative management.
• Representation of Scheduled Castes, Scheduled Tribes, and women is mandatory.

Penalties for Non-Compliance

Penalties for offenses, such as submitting false information or non-compliance, range from ₹5,000 to ₹1 lakh.

Join us at the Global Cooperative Conference 2024

Join us for the ICA Global Cooperative Conference 2024, a gathering where visionaries and changemakers unite. Engage with inspiring speakers, share innovative ideas, and discover how cooperatives are shaping sustainable futures. This is your opportunity to connect, collaborate, and contribute to a thriving cooperative movement that benefits everyone involved. Don’t miss out!

Celebrating how cooperatives build prosperity for all

Cooperatives play a vital role in fostering economic growth and social equity. By prioritizing community needs over profits, they create sustainable jobs and support local businesses. This collaborative model empowers members, enhances resilience, and promotes shared prosperity. Together, cooperatives build networks that uplift communities while nurturing the environment for future generations.

Kick-off of the 2025 United Nations International Year of Cooperatives

The 2025 United Nations International Year of Cooperatives marks a pivotal moment for global collaboration. It aims to highlight the impact of cooperatives in fostering sustainable development and promoting social cohesion. This initiative encourages communities worldwide to embrace cooperative principles, showcasing their power to drive economic prosperity and enhance quality of life for all.

Conference Preview

The ICA Global Cooperative Conference 2024 promises to be an inspiring event. Attendees can look forward to insightful discussions and innovative ideas that showcase the power of cooperatives. With a diverse lineup of speakers, this conference aims to highlight pathways toward sustainable development while fostering collaboration among co-operators worldwide. Excitement is building!

Conference Brochure

The conference brochure for the ICA Global Cooperative Conference 2024 is a treasure trove of information. It outlines key sessions, distinguished speakers, and networking opportunities. Attendees can explore innovative ideas and strategies that promote cooperation globally. This resource is essential for anyone looking to make the most of their conference experience.

Details

The ICA Global Cooperative Conference 2024 promises a robust agenda, featuring influential speakers and engaging workshops. Attendees will explore innovative strategies for sustainable development within cooperatives. Networking opportunities abound, allowing participants to connect with like-minded individuals dedicated to building a better future through cooperative principles and practices in an inspiring environment.

Share this event

Spread the word about the ICA Global Cooperative Conference 2024! Share this event with colleagues, friends, and fellow cooperators. Together, we can amplify our voices and highlight the importance of collaboration in building a sustainable future. Use social media platforms or your professional networks to invite others to join this transformative experience.

Related files

Access a range of related files to enhance your experience at the ICA Global Cooperative Conference 2024. These documents include detailed information about the conference program, speakers, and cooperative initiatives. Stay informed and engaged as you prepare for this pivotal event in promoting sustainable cooperation worldwide.

Criticism and Challenges

Despite its progressive goals, the amendment has faced opposition and criticism on several fronts:

1. Federal Structure Concerns:
   • Critics argue that the central government’s increased control encroaches upon state jurisdiction, potentially violating the federal balance.
2. Merger Issues:
   • Forced mergers might disrupt territorial operations and burden healthy cooperatives by integrating financially weak ones.
3. Contentious Funding Mechanism:
   • Dependence on profit-making cooperatives to support weaker entities has raised sustainability concerns.
4. Legislative Overreach:
   • Some view the amendments as beyond the legislative competence of Parliament, especially concerning cooperative mergers.

Why Should Co-operators Join the ICA Global Cooperative Conference?

Joining the ICA Global Cooperative Conference is an opportunity to connect with like-minded individuals. Participants can share insights, learn about innovative practices, and collaborate on sustainable solutions. Networking at this event fosters relationships that drive cooperative movements forward. Engaging in discussions will inspire new ideas for enhancing community prosperity through cooperation.

Brought to you by

The ICA Global Cooperative Conference 2024 is proudly presented by the International Cooperative Alliance. This esteemed organization champions cooperative values worldwide, fostering collaboration among diverse communities. Through its efforts, it unites co-operators to share knowledge and resources, promoting sustainable development and prosperity for all members involved in the cooperative movement.

About the International Cooperative Alliance

The International Cooperative Alliance (ICA) is a vital global organization that unites cooperatives worldwide. Founded in 1895, it promotes cooperative values and principles while advocating for the interests of its members. With a focus on sustainability and inclusivity, ICA fosters collaboration among cooperatives to drive social and economic progress across diverse communities.

Detected timezone

The detected timezone feature ensures attendees can stay informed about the ICA Global Cooperative Conference 2024 schedule. By automatically adjusting to local time, participants won’t miss key events or sessions. This seamless integration enhances the experience, allowing everyone to engage fully with inspirational speakers and collaborative discussions throughout the conference.

Mainstreaming Co-operation: An alternative for the 21st Century? Conference

The “Mainstreaming Co-operation: An alternative for the 21st Century?” Conference aims to explore innovative cooperative models. It focuses on how collaboration can address modern challenges. Attendees will engage in discussions that highlight success stories and inspire new ways of thinking about cooperation in a rapidly changing world, emphasizing inclusivity and sustainability.

Get in touch

We’d love to hear from you! Whether you have questions about the ICA Global Cooperative Conference 2024 keynotes or want to share your thoughts, reach out. Connect with us through our website or social media channels. Your insights and feedback are invaluable as we build a sustainable future together.

Featured events

Discover a range of featured events at the ICA Global Cooperative Conference 2024. Engage with thought leaders and innovators in cooperative business. Attend workshops, panel discussions, and networking sessions designed to inspire collaboration and promote sustainable practices. Each event aims to empower attendees with actionable insights for a brighter future through cooperation.

The Way Forward

For the amendment to succeed, a balanced approach is essential. Key recommendations include:

1. Ensuring Democratic Governance:
   • The Cooperative Election Authority must function independently to prevent undue government influence.
2. Stakeholder Engagement:
   • Inclusive consultations with stakeholders, including state governments and cooperative members, can enhance the law’s effectiveness.
3. Transparent Financial Mechanisms:
   • Clear guidelines for funding sick cooperatives should ensure fairness without overburdening profit-making entities.
4. Regular Review and Oversight:
   • Establish mechanisms to periodically evaluate the amendment’s impact and make necessary adjustments.

Latest Cooperative News

Stay updated with the latest cooperative news as organizations worldwide innovate to foster sustainability and community welfare. From groundbreaking partnerships to new initiatives, cooperatives are transforming industries. Engage with inspiring stories of resilience and collaboration that reflect a commitment to social and economic growth within local communities across the globe.

Programme

The ICA Global Cooperative Conference 2024 promises a dynamic programme filled with insightful discussions and innovative workshops. Attendees can expect engaging sessions led by industry leaders, focusing on the future of cooperatives. Explore topics that inspire collaboration and growth within the cooperative movement, ensuring every voice is heard and valued.

Invite Only

The ICA Global Cooperative Conference 2024 is an exclusive gathering. Attendance is limited to ICA members and invited guests only. This intimate setting fosters deep connections among co-operators, ensuring rich discussions and innovative ideas flow freely. Networking opportunities abound, making it a vital experience for those passionate about advancing cooperatives globally.

ICA Members and invited guests only

The ICA Global Cooperative Conference 2024 keynotes promise to inspire and challenge attendees. With a focus on sustainable practices, cooperation will be at the forefront of discussions.

This event is not just for learning; it’s about connecting with like-minded individuals who share a passion for cooperative values.

Join us in fostering relationships that can lead to impactful change in communities worldwide. The future of cooperatives looks bright, and your participation matters.

As we gather as ICA members and invited guests only, let’s unite our efforts towards building a sustainable future together.