Monday, May 6, 2019

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.