CURRENT AFFAIRS

Detailed explanation-1: -Tools. International Day of Cooperatives is celebrated on the first Saturday of July every year. It was first celebrated under the auspices of the United Nations in 2005, though its history as a day celebrated by the international cooperative movement and the International Co-operative Alliance goes back 1923.

Detailed explanation-2: -The Cooperative Development Authority or CDA, together with the National Alliance of Cooperatives, is proud to present the theme for Cooperative Month 2022: “KooPinas: Nagkakaisang Lakas Para sa Makabuluhan at Sama-samang Pag-unlad!”

Detailed explanation-3: -The International Day of Cooperatives was declared by the United Nations General Assembly on 16th December 1992, on the first Saturday of July. The purpose of this festival is to promote cooperatives globally and foster an environment that will foster their expansion and profitability.

Detailed explanation-4: -The theme of 100th International Cooperative Day is “Cooperatives Build a Better World”.

Detailed explanation-5: -A decade on from the UN International Year of Cooperatives, which showcased the unique contribution of cooperatives to making the world a better place, this year’s #CoopsDay slogan-“Cooperatives Build a Better World”-echoes the theme of the International Year.