IFFCO Full Form | Full Form of IFFCO
IFFCO Full Form - Indian Farmers Fertilizer Cooperative Limited
Indian Farmers Fertilizer Cooperative Limited
- IFFCO stands for Indian Farmers Fertilizer Cooperative Limited.
- It's one among the leading cooperative societies in India wholly owned by the Indian Cooperatives.
- It's founded in 1967 with only 57 cooperatives and today, it's an amalgamation of more than 36,000 Indian Cooperatives with a good range of business interests like general insurance, rural telecom additionally to its core business of producing and selling fertilizers.
- In the FY 2014-15, its turnover was 25,048 crores.
- It's deemed to be registered as a multistate cooperative society after the enactment of the Multistate Cooperative Societies act 1984 & 2002. Sh. Paul Pothen was the first director of IFFCO.
- As of October 2017, Mr. Balvinder Singh Nakai is that the Chairman and Dr. U.S. Awasthi is that the M.D & CEO of IFFCO.
- To enable Indian farmers to prosper through timely supply of relevant, reliable and quality agricultural inputs and services and run programs to improve their living standards.
- To increase the income of farmers by improving their crop productivity.
- To maintain and improve the environmental health.
- To make cooperative societies economically strong.
- To provide professionalized service to the farming community to empower the agricultural India.
- Some of the awards won by IFFCO are as follows:
- IFFCO bagged the primary prize for its publication Golden Harvest 2012
- Environment Protection Award for an NP/NPK Complex Fertilized Plant, 2012
- Safety Innovation Award 2010
- ICWAI Award for Excellence in Cost Management 2009
- 10th Annual Greentech Environment Excellence Award 2009
- First ever dotcoop Global Award for Cooperative Excellence 2009
- It won three FAI awards -2007
- It won PRSI Award 2007
- The Phulpur Unit of IFFCO bagged Energy Conservation Award 2006-07
- IFFCO AONLA won National Energy Conservation Award 2006
- IFFCO Kandla won Golden Peacock Environmental Management Award 2006
- The Aonla unit of IFFCO won National Safety Council of India Safety Award 2004.