IFFCO Welcomes Establishment of Tribhuvan Sahkari University
Mumbai: In a significant development, IFFCO, the world’s No.1 cooperative, has welcomed the announcement of the Tribhuvan Sahkari University Bill, 2025. This move is expected to revolutionize the cooperative sector in India.
The Tribhuvan Sahkari University will focus on enhancing technical and management education in the cooperative sector. It aims to promote innovation, research, and development, ultimately strengthening the rural economy through employability, professional development, and entrepreneurship.
Key Objectives:
- Strengthening Rural Economy: The university will focus on developing the ecosystem of self-employment and small entrepreneurship, increasing social inclusion, and promoting innovation and research.
- Promoting Cooperative Culture: The institution will embody the spirit of professional management, enabling cooperatives to market their products at the global stage.
- Developing Human Resources: The university will provide trained human resources, addressing the needs of the expanding cooperative sector.
Reactions from Key Stakeholders:
- Dr. Udai Shanker Awasthi, Managing Director, IFFCO, hailed the move as a “historic step” for the cooperative sector.
- Shri Dileep Sanghani, Chairman, IFFCO, expressed gratitude towards Prime Minister Narendra Modi and Union Minister Amit Shah for their vision and efforts.
- Director General of International Cooperative Alliance, Shri Jeroen Douglas, praised the initiative, stating it will strengthen the Indian Cooperative movement and add to the global cooperative movement’s strength.