CONTENTS
- About Vice-President
- International Day of Cooperatives
About Vice-President
Focus: GS II- Polity and Governance
Why in News?
The Election Commission has announced that the election to the post of the Vice-President (VP) will be held on August 6, as M. Venkaiah Naidu’s term was coming to an end on August 10.
About Vice-President:
- The Vice-President occupies the second highest office in the country.
- He is accorded a rank next to the President in the official warrant of precedence.
- This office is modelled on the lines of the American Vice President.
Election
- The Vice-President, is elected by the method of indirect election. He is elected by the members of an electoral college consisting of the members of both Houses of Parliament.
Click Here To Read More: About Vice-President
International Day of Cooperatives
Focus: Facts for Prelims
Why in News?
Recently, 100th International Day of Cooperatives was observed.
India celebrated the day under the theme “Building a Self-Reliant India and a Better World through Co-operatives”.
About International Day of Cooperatives
- 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.
- The occasion highlights the cooperative movement’s contributions to tackling the major issues addressed by the United Nations as well as to enhancing and expanding the alliances between the cooperative movement internationally and other actors.
- Theme for 2022: Cooperatives Build a Better World.
Significance:
It aims to raise awareness of cooperatives and further the values of the movement—
- International solidarity,
- Economic efficiency,
- Equality,
- Global peace.
