Articles in Global Affairs

Cooperative giant Iffco’s venture Iffco-Tokio General Insurance has appointed Yogesh Lohiya as managing director and chief executive. Lohiya, who succeeds S Narayanan, will assume the post on Wednesday. Prior to joining Iffco-Tokio, Lohiya was chairman and managing director of General Insurance Corporation of India. Iffco-Tokio General Insurance is a joint venture between Indian Farmers Fertiliser Co-operative (Iffco) and its associates holding 74 per cent stakes and the largest Japanese ...

Kerala has always boasted a strong and lively cooperative sector with about two thousand cooperative banks and countless other cooperative societies and organisations. Kerala’s agricultural and rural economy has greatly benefitted from this wide network of the cooperative   institutions and units. However, Kerala’s opposition leader Achutanandan has warned against implementing the recommendations made by the Viadnathan Committee on the cooperative sector in the state. According to ...

The philosophy that inspired the cooperative movement was political. It sought to put the means of production and consumption under the control of the people who formed voluntary associations. The latter were managed and run by the members themselves. There was no outside management controlling these voluntary bodies. The primary aim of these voluntary associations was to eliminate the unwholesome competition between the members and to foster an egalitarian outlook on life by securing equality ...