Initiatives Taken by IFFCO India to Help Farmers Body

The Indian Farmers Fertilisers Cooperative Limited (IFFCO) has been constantly working towards the well-being of Indian farmers as well as the agricultural sector of the country. The multi-cooperative society is one of the best and largest manufacturers of fertilisers in India, with around 19% market share in Urea and 29% market share in complex fertilisers. Under the guidance of their managing director, Dr US Awasthi, IFFCO India has made some remarkable contributions towards the growth of the country’s agricultural sector.

Initiatives by IFFCO

To help Indian farmers nurture their lives well, Dr US Awasthi has launched some great initiatives through the cooperative, like:

• Kisan Sewa Fund - Established back in the year 2001, this scheme was initially launched to help the victims of the Gujarat earthquake under which almost 2000 houses were built. This scheme is still functioning and helps farmers by providing them medical and healthcare assistance during natural calamities.
• Baarish Bima Yojana – In association with IFFCO Tokio General Insurance Company (ITGI), this index-based weather insurance product was launched, aimed at helping farmers during the monsoons. It provides protection to farmers against foreseen deficiency in crop yield during excessive as well as deficit rainfall.
• Indian Cooperative Digital Platform – Adding another accolade to their name, the IFFCO MD has launched this initiative, generally known as ICDP, which is aimed at establishing a single and unified portal to help meet all the requirements of a farmer. The Indian Cooperative Digital Platform comes in 13 major Indian languages with a membership of almost 2.5 crores.
• iMandi – this is an e-commerce platform which allows farmers to shop for their agricultural needs, access other consumer goods, and avail insurance services, as well as loans. The iMandi app also allows farmers to attain vocational training and education, access healthcare facilities, rent tractors, as well as allows them to listen to music.

Keeping up with the trend of social media, Dr US Awasthi is active on LinkedIn, wherein he shares updates about the latest trends in the agricultural sector. He has won a lot of awards and recognition as well as many hearts because of his selfless contribution towards the well-being of Indian farmers and the agricultural sector.

IFFCO MD Felicitates Winners on the Finale of IUCF 2019

Dr U S Awasthi, the Managing Director and Chief Executive Officer of IFFCO, the largest cooperative across the globe, is a celebrated figure in the world of cooperatives and fertilisers. Much to the pleasure of the employees of IFFCO’s Kandla unit and their families, he recently made an appearance on the final day of the organisation’s highly awaited, 10th Inter Unit Cultural Festival (IUCF) 2019.

 

Every year the employees look forward to IUCF, since it offers them some respite from their otherwise busy work lives. Bringing together all employees and their families, the event also offers good opportunities for socialising.

IUCF 2019 – About the event
The event had been inaugurated and monitored by Director R P Singh, who was also the Chairman of IUCF. An eight-day event, it was held at the organisation’s Udaynagar club auditorium in Gandhidham, Gujarat. Beside the employees of the five units of IFFCO, IUCF this year was also attended by the employees working at IFFCO headquarters. The Kandla unit, the host of the event, was the first to start with their performances. 55 participants each out of all the employees of the various units were selected to compete in the finals, while in order to maintain transparency and fairness, judges had been invited from outside the organisation.

As the guest of honour on the final day of the event, Dr Awasthi felicitated the winners of the events. Regarded as a guardian by the IFFCO family, Dr Awasthi is known among the employees for his exceptional personality, leadership, and generosity.  He attended the event along with his wife, Mrs Rekha Awasthi. Their presence increased the jazz of the event by manifolds, while giving all the employees a good boost.

Other highlights
Dr U S Awasthi received a very warm welcome from the IFFCO family. Officials lined up with their families to meet and greet their icon and leader at the guest house within the IFFCO township. The event finally ended on a happy note with the MD distributing prizes.

The organisation also had a website where people could catch a live webcast of the event. You can also read Dr U S Awasthi’s blogs or follow his Twitter and LinkedIn profiles for the latest updates related to IFFCO.

A Brief about the Products by IFFCO

Established in the year 1967, IFFCO began operations with about 56 cooperatives. Under the able leadership of its managerial staff, especially Dr US Awasthi, the CEO and MD of IFFCO, the organisation has grown by leaps and bounds and today has more than 36000 cooperatives as its members. IFFCO, with an aim to offer their services for the betterment of Indian farmers, offers a number of products. Here is a brief introduction to some of the more popular products by IFFCO:

Primary Nutrients

· Urea

The most important nitrogenous fertiliser in the country, Urea has high N content (about 46%).

Besides being used in farming, it is also used as cattle feed supplement. It works great in replacing a part of the cattle’s protein requirements. Urea also has several industrial uses, like being used in the production of plastics.

· NPK

NPK complex fertilisers are produced by IFFCO at Kandla and are DAP based grades. While in granular form the NPK complexes do not pose problems during handling or storage, exposure to high humidity can lead to caking.

· NP

IFFCO also produces NP (Grade 20:20:0:13). This is an ammonium phosphate sulphate fertiliser that provides nitrogen, phosphorus, and sulphur to the crops.

· DAP

DAP by IFFCO is a source of crucial nutrients like nitrogen and phosphorus, and is an integral part of nurturing the earth. This fertiliser is suitable to be used with all kinds of crops.

Water soluble fertilisers

As the name suggests, this is a product that is readily soluble in water. It releases essential plant nutrients at the root zone. From there, the nutrients are absorbed by the plant. This method of fertiliser application is referred to as fertigation, where the fertiliser is incorporated within the irrigation water via the drip system.

Bio fertilisers

These are good sources that can be used to enhance the availability of nutrients in the soil and plants. Bio fertilisers are low cost, effective, and environmental friendly sources of nutrients that supplement fertilisers.

While these are the main product offerings by IFFCO, there are other products available as well. IFFCO also provides secondary and macronutrients, like Zinc Sulphate Monohydrate, and plant growth promoters, like Sakarika.

A Brief guide about IFFCO - The multi-state cooperative society

IFFCO, short for the Indian Farmers Fertiliser Cooperative Limited, is amongst the country’s largest cooperative societies, which is wholly owned by the Indian cooperatives. It was founded in 1967 with only 57 cooperatives. At this time, IFFCO comprises of a total of 36,000 Indian Cooperatives that have diverse business interests, such as Rural Telecom, General insurance, etc. US Awasthi (IFFCO MD) is always in the news because of the different initiatives launched by IFFCO regularly. Read on to know more about the vision and mission of IFFCO.

 Vision

The vision of IFFCO is to increase the income of farmers by assisting them in increasing their crop productivity by utilizing energy efficient fertilizers and maintaining the health of the environment. Plus, it also wants to make cooperative societies democratically and economically strong. It basically works in empowering rural India.

Mission

The mission of IFFCO is to make the lives of Indian farmers prosperous with the in-time supply of high-quality and reliable agricultural services and inputs in a way that is sustainable for the environment. IFFCO wants to take up activities that contribute to their welfare. Here is a little more about the mission:

• To give farmers supreme quality fertilizers at the correct time and in sufficient quantities so as to increase the productivity of their crops.
• It commits to the safety, health, forestry, and environment department to improve the community life quality.
•  To get, assimilate, and make use of efficient, cost-effective, and reliable technologies.

Vision 2020

Vision 2020 is the new corporate plan of IFFCO and is guided by the below-listed objectives:

• Achieving particular targets related to energy saving by modernizing current plants.
• Creating fresh fertilizer products and setting up agro-chemical projects and ago-processing units.
• Start a credit rating agency for the cooperative societies

You can also know more about the company by reading the IFFCO MD news  and his take on the recent developments.

Salient features of the Vision 2020 include becoming an international leader in production of fertilizers. It also includes bringing into force sustainable development strategies.

This was a brief about the company. IFFCO has always worked for the upliftment of farmers in India and has helped farmers by carefully assisting them all these years.

Overseas Initiatives by IFFCO under Dr US Awasthi’s Leadership

Indian Farmers Fertilisers Cooperative (IFFCO) was founded in November, 1967, and since then, IFFCO has worked towards its vision to augment the incremental incomes of farmers by helping them increase their crop productivity through the balanced use of energy efficient fertilisers, while maintaining environmental health and making cooperative societies economically and democratically strong for professionalised services to the farming community, to ensure an empowered rural India. Dr US Awasthi, the Managing Director and CEO of the organization joined IFFCO in February 1993 and committed himself to the cause of betterment of the nation’s farmers and has since then taken numerous initiatives that have benefitted a large part of our Indian society and still continue to take more and more initiatives to empower the common man of India.

Dr US Awasthi completed his chemical engineering from the renowned Banaras Hindu University and has over five decades of experience across multiple domains, including urea, chemical fertiliser, leadership, cooperatives, and project management. His leadership has enabled IFFCO to reach greater heights and has helped numerous people, employees, and customers alike, in the process.

With initiatives on even a global scale, there is no doubt that the company has the people’s welfare as its main interest. Here is a list of initiatives that were worked upon under Dr US Awasthi’s leadership:

Oman India Fertiliser Company

OMIFCO possesses a modern world scale, two-train ammonia-urea fertiliser manufacturing plant with ammonia and urea capacities of 2x1750 TPD and 2x2530 TPD, respectively, at the Sur Industrial Estate in the Sultanate of Oman.

Industries Chimiques Du Senegal

Industries Chimiques du Senegal (ICS) has the capacity to produce about 6,60,000 MT of phosphoric acid (P2O5) per year.

Jordan India Fertiliser Company

Jordan India Fertiliser Company (JIFCO) is a joint venture company incorporated in Amman, Jordan in which IFFCO (27%) and KIT (25%) together hold 52% equity, while JPMC holds 48% equity in JIFCO. The company has implemented a phosphoric acid complex with associated facilities at Eshidiya in Jordan, which has the annual capacity to produce 4,75,000 tonnes of P2O5 per annum.

Kisan International Trading Fze

Kisan International Trading (KIT) is a completely owned subsidiary of IFFCO. KIT has completed its 14th financial year of operations on 31st March 2019. KIT was set up as an international trading arm to help with handling imports, exports, and logistics support for various finished fertilisers, fertiliser raw materials, and intermediates to meet the demands of producers, customers, and distributors worldwide. It has since then developed excellent business linkages with leading manufacturers, direct sellers, and trade entities worldwide, and has evolved as a respectable international trading company in the very competitive business of fertilisers.

Dr US Awasthi is one of the best leaders in the industry who has given new meanings to CSR and has substantially contributed to the cause of empowering the farmers of our nation. You can use your email ID to follow Dr US Awasthi on his blog for more updates of the recent happenings at IFFCO.

IFFCO Bags First Position Among Fortune 500 Companies in India

IFFCO or the Indian Farmers Fertilizers Cooperative keeps proving time and again that it is the largest fertilizer cooperative in India, and it has done so yet again. IFFCO has retained its “Rank 1” position among Fertilizer and Agro Chemicals industries in the nation in the Fortune 500 India rankings this year.

In addition to this, the firm stood at a decent 68^th position among the overall rankings of Fortune 500 companies in India, thus keeping up with its tradition of bagging top positions in the list every year. IFFCO happens to be the only cooperative in India, to have made it to the top 100 list, a matter in which all co-operative societies associated with IFFCO take enormous pride.

Crowd’s Reaction

IFFCO’s MD, Dr. U S Awasthi, shared this happy news with the public via twitter. Dr. Awasthi’s tweet was met with a warm reaction as people showered heaps of congratulatory messages. Besides expressing their happiness, some even deemed themselves fortunate for getting to work with the organization, under the able leadership of IFFCO’s MD.

Fortune 500 Rankings

The list of Fortune 500 companies in India is compiled every year by Fortune magazine’s Indian edition, which ranks the top 500 of the largest corporations within the country. These rankings are based on various aspects such as innovativeness, financial security, use of corporate assets, long-term investments, as well as global competitiveness.

Other Achievements

There have been other instances than the above-mentioned that have aided in establishing the fact that, be it domestic or global platforms, IFFCO as an organization remains undeniably good.  Recently the corporation was ranked first out of 300 global cooperatives in a report published by World Cooperative Monitor of International Cooperative Alliance.

IFFCO has been working towards ensuring food security in the country since the year 1967. The cooperative has established 5 huge plants across India and several global joint ventures such as KIT, Omifco, and JIFCO etc.

IFFCO also maintains a strong standing in International Fertilizer Association and a global board seat in International Cooperative Alliance. In the year 2017-18, IFFCO had an outcome of 84.79 lakhs MT fertilizers with a turnover of Rs. 20,788 crores.