Source: LM’
Context: The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the Amul brand, has been ranked No. 1 cooperative in the world in the ICA World Cooperative Monitor 2025, based on GDP per capita performance.
About ICA World Cooperative Monitor 2025:
What it is?
- The World Cooperative Monitor (WCM) is an annual research report that analyses the economic and social impact of the world’s largest cooperatives and mutuals, highlighting their contributions to inclusive and sustainable development across sectors.
Published by: Jointly published by the International Cooperative Alliance (ICA), headquartered in Brussels, in partnership with the European Research Institute on Cooperative and Social Enterprises (EURICSE).
First Edition: Launched in 2012, the Monitor has been compiled annually since then, providing a decade-long comparative dataset on cooperative performance worldwide.
Aim:
- To measure the economic and social footprint of cooperatives globally.
- To demonstrate the cooperative model’s contribution to the UN Sustainable Development Goals (SDGs).
- To promote transparency, data reliability, and international benchmarking in the cooperative sector.
Key Features:
- Top 300 Cooperative Ranking: Lists the world’s 300 largest cooperatives based on turnover and GDP per capita ratios.
- Sectoral Analysis: Covers sectors such as agriculture, insurance, retail, industry, and health.
- Global Reach: Represents cooperatives from more than 50 countries, showing their socioeconomic impact.
- SDG Alignment: Tracks cooperatives’ contributions to poverty reduction, gender equality, and sustainable communities.
- Research Integrity: Recognized by the UN General Assembly as an authentic global reference for cooperative impact.
Top Ranking (2025):
- Gujarat Cooperative Milk Marketing Federation Ltd (Amul) — Rank 1 globally.
- Indian Farmers Fertiliser Cooperative Ltd (IFFCO) — Rank 2 globally.
→ Both Indian cooperatives reflect the success of the “Sahkar Se Samriddhi” (Prosperity through Cooperation) vision under PM Modi’s cooperative reforms.
