International Day of Cooperatives: July 1, 2017

Q.  When is the International Day of Cooperatives 2017 observed?
- Published on 03 Jul 17

a. June 30
b. June 29
c. July 1
d. July 2

ANSWER: July 1
 
International Day of Cooperatives: July 1, 2017The International Day of Cooperatives 2017 was observed across the globe on July 1, 2017.

The theme for the 2017 International Day of Cooperatives is Co-operatives ensure no-one is left behind.

The theme for the year complements the priority theme of the 2017 High-level Political Forum for Sustainable Development: ‘Eradicating poverty and promoting prosperity in a changing world’.

As per the United Nations, co-operatives’ open membership model affords access to wealth creation and poverty elimination.

This results from the co-operative principle of members’ economic participation: ‘Members contribute equitably to, and democratically control, the capital of their co-operative.’

International Cooperative Day: Know More
  • International Co-operative Day is an annual celebration of the co-operative movement.
  • It has been observed on the first Saturday in July since 1923 by the International Co-operative Alliance. On 16 December 1992, the United Nations General Assembly proclaimed in resolution 47/90 “the first Saturday of July 1995 to be International Day of Cooperatives, marking the centenary of the establishment of the International Cooperative Alliance.”
  • Co-operatives around the world celebrate the day in various fashions and each year the organising institutions agree on a theme for the celebrations

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