IICTF 2019 Current Affairs - 2020
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The First Ever India International Cooperatives Trade Fair (IICTF) will commence from 11 October 2019 at Pragati Maidan in New Delhi. The three day fair is scheduled from 11-13 October 2019. It is unique initiative that provides single platform to farmers, artisans & other members of cooperatives directly to global trade arena.
Key Highlights of IICTF
It is conceived as a major platform to promote exports of Indian cooperative produce and is packed with exhibitions, B2B/C2C meetings, conferences, cultural programmes etc.
Objective: (i)To double farmers’ income by promoting cooperative to cooperative trade within India and abroad (ii) To promote exports of key agriculture commodities and products leading to enhanced rural and farm prosperity.
Why Cooperative sector? This initiative is part of Agriculture Export Policy (AEP) 2018 which aims at doubling agriculture export and integrating Indian farmers and agriculture products with global value chains. As per AEP 2018, the Cooperative sector has big role to play in doubling agriculture exports from present $30 billion to $60 billion by 2022.
Organizations Involved: IICTF has been steered by National Cooperative Development Corporation (NCDC) with support of one international organization-NEDAC (Network for the Development of Agricultural Cooperatives), 3 Ministries, 4 State Governments and several apex level Indian cooperative organizations.