Current Affairs - Business - Discussion

According to the 7th edition 'Word Cooperative Monitor' report 2018, fertilizer major IFFCO has been ranked as the biggest cooperative in the world. It was published by: The International Cooperative Alliance (ICA) and the European Research Institute on Cooperative and Social Enterprises (Euricse). IFFCO has been ranked based on the ratio of turnover over gross domestic product (GDP) per capita. In FY 2017-18, IFFCO a turnover of nearly USD 3 billion with a strength of nearly 36,000 member co-operatives.