In 1992, the United Nations General Assembly proclaimed the International Day of Cooperatives to be celebrated annually on the first Saturday of July.
The aim of this International Day is to Increase awareness on cooperatives, highlight the complementarily of the goals and objectives of the United Nations and the international cooperative movement;
Underscore the contribution of the movement to the resolution of the major problems addressed by the United Nations is strengthen and extend partnerships between the international cooperative movement and other actors, including governments, at local, national and international levels.
This year, International Co-operative Day, celebrated on 2 July, had the theme â€˜Co-operatives: The power to act for a sustainable future.â€™
â€œCo-operatives have a unique role to play in implementing and achieving the SDGs, because their business model has sustainable development at its core, being based on ethical values and principles,â€ said Sandeep Marwah Managing Director of National Federation of Tourism And Transport Cooperatives of India Limited at a small function at Marwah Studios, Noida Film City.