Archive · 15 Nov 2025
Cooperative System Crucial for Sustainable Development, Experts Say
Imagine a group of friends working together to build something awesome, like a treehouse.
That's kind of like a cooperative system!
Experts at a university meeting said that when people work together in these cooperative groups, it helps make sure everyone gets a fair share and the planet stays healthy.
They talked about how these groups can help make the economy better for everyone, especially by helping people who don't have as much.
They even unveiled a special logo for a year dedicated to celebrating how important these cooperative efforts are around the world.
It's all about teamwork for a better future!
Acharya Nagarjuna University Vice-Chancellor emphasized that cooperative systems are essential for equitable and sustainable economic development.
Experts highlighted the role of cooperatives in reducing economic inequalities and promoting collaborative spirit among youth.
A conference on the importance of cooperation was jointly hosted by Visakhapatnam Cooperative Bank and ANU's Department of Rural Development.
The logo for the International Year of Cooperatives 2025 was unveiled during the event.
The UN's designation of 2025 as the International Year of Cooperatives reflects a global need to strengthen these systems for equality, solidarity, and sustainability.
- Who
- Acharya Nagarjuna University (ANU) Vice-Chancellor Prof K Gangadhara Rao, Visakhapatnam Cooperative Bank Director Prof Nannapaneni Anjaiah, ANU Rector Prof R Sivaramaprasad, and others.
- What
- A conference was held to discuss the importance of the cooperative system for sustainable development, and the logo for the International Year of Cooperatives 2025 was unveiled.
- When
- Friday
- Where
- Acharya Nagarjuna University (ANU), Vijayawada
- Why
- To emphasize that equitable and sustainable economic development can be achieved through the cooperative system, to promote collaborative spirit among youth, and to highlight the role of cooperatives in reducing economic inequalities and ensuring justice, equality, and rural development.
- Event
- Conference on the importance of cooperation
- Date
- Friday
- Location
- Acharya Nagarjuna University (ANU), Prof L Venugopal Reddy Hall
- Host Organizations
- Visakhapatnam Cooperative Bank, Mangalagiri Branch, and Department of Rural Development, ANU
- Key Highlight
- Unveiling of the International Year of Cooperatives 2025 logo