CURRENT AFFAIRS

Detailed explanation-1: -2022 International Day of Cooperatives: Cooperatives Build a Better World. The International Day of Cooperatives 2022 is being celebrated under the theme, “Cooperatives Build a Better World.” The theme recognizes that the current predominant economic model will not achieve the sustainable development goals.

Detailed explanation-2: -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-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”.