Author: SahkarNet

In a moment of triumph for the Uralungal Labour Contract Co-operative Society Limited (ULCCS), the Kozhikode-based workers’ cooperative, the organization has clinched the Asia Pacific Cooperative Excellence Award for the Enterprising Cooperative. This accolade reinforces ULCCS Limited’s reputation as a pioneering force in the cooperative sector, showcasing its remarkable diversification into contemporary fields such as IT and the Cyber world. Recognizing Innovation and Excellence The prestigious award was presented to ULCCS Limited by the International Cooperative Alliance Asia Pacific (ICA AP). The society’s groundbreaking achievements were highlighted, emphasizing its remarkable journey in establishing a niche in India’s infrastructure development landscape.…

The National Cooperative Consumers Federation of India Limited (NCCF) is set to embark on a transformative journey to achieve self-reliance, with Union Home Minister and Minister of Cooperation Shri Amit Shah providing a roadmap during his address to the Board of Directors in New Delhi. Shri Shah underscored the importance of NCCF reaching a turnover of Rs 50,000 crore by the fiscal year 2027-28, emphasizing that the cooperative should focus on expanding its membership base, particularly by integrating Primary Agricultural Credit Societies (PACS) and other cooperative institutions nationwide. This strategic move aims to enhance the proportion of cooperatives in NCCF’s…

The National Cooperative Consumers’ Federation of India (NCCF) and the National Agricultural Cooperative Marketing Federation of India (NAFED) are two cooperatives that have been instrumental in curbing tomato prices in India. In response to declining wholesale prices, the Centre directed NCCF and NAFED to sell tomatoes at a reduced rate of Rs 50 per kilogram. This move aimed to boost domestic availability and contain price rises. NCCF and NAFED have been selling tomatoes at discounted rates since July, 2023 in Delhi-NCR, Uttar Pradesh, Rajasthan, and Bihar. They have procured tomatoes from mandis in Andhra Pradesh, Karnataka, and Maharashtra for distribution…

The inaugural ceremony for the first fishing twine factory, operated by the Kerala State Co-operative Federation for Fisheries Development (Matsyafed), took place in Paravur, Alappuzha last Thursday. Fisheries Minister Saji Cherian inaugurated the yarn twisting unit, marking a significant milestone in the state’s fishing industry. This newly established unit is dedicated to producing twine, utilizing nylon yarn twisted from caprolactam chips. The primary objective is to supply twine to Matsyafed’s three fishing net factories located in Kochi, Kannur, and Thiruvananthapuram. In its initial phase, the facility plans to manufacture approximately 500 tonnes of twine annually, sourced from external yarn suppliers.…

Looms of Ladakh, a cooperative in Ladakh, exemplifies the entrepreneurial spirit of more than 450 women from 16 villages to bring their exquisite Pashmina craftsmanship to a global audience and in process showcases the transformative potential of cooperative societies. Introduction: In the remote and rugged landscapes of Ladakh, a unique cooperative of women has been weaving success stories, one thread at a time. Looms of Ladakh, a Pashmina farm-to-fashion collective, stands out as a shining example of the transformative power of cooperative societies and women’s collectives in uplifting communities and securing livelihoods. SahkarNet explores the journey of Looms of Ladakh,…

EMS मेमोरियल को-ऑपरेटिव हॉस्पिटल: एक सहकारी सोसाइटी की सफलता की कहानी केरल के मलप्पुरम जिले में स्थित EMS मेमोरियल को-ऑपरेटिव हॉस्पिटल एंड रिसर्च सेंटर (EMSMCH) एक सहकारी सोसाइटी द्वारा संचालित ए कबहु-विषयक (multidisciplinary) सुपर-स्पेशलिटी अस्पताल है। यह केरल के सबसे बड़े अस्पतालों में से एक है और यह अपनी उत्कृष्ट चिकित्सा सेवाओं, अनुसंधान कार्य और सामाजिक जिम्मेदारी के लिए जाना जाता है। EMSMCH की स्थापना 1998 में केरल के पूर्व मुख्यमंत्री और समाजवादी नेता ईएमएस शेषन की स्मृति में की गई थी। अस्पताल का उद्देश्य सभी लोगों के लिए गुणवत्तापूर्ण और सस्ती स्वास्थ्य सेवा प्रदान करना है। आधारभूत संरचना (Basic…

Uralungal Labour Contract Cooperative Society (ULCCS), Kerala is one of India’s oldest and most remarkable labour cooperatives, entirely owned and managed by its dedicated member workforce. The society has an annual turnover of more than Rs. 1,400 crores and has an asset of more than Rs. 6600 crores. ULCCS has achieved success in more than 7,500 projects.  In the early 20th century in Kerala’s Kozhikode district, 14 young men with a capital of 37 paise sowed the seed of what is today known as Uralungal Labour Contract Cooperative Society (ULCCS). With a direct workforce of more than 18,000 workers, apart…

1918 में स्थापित, सारस्वत बैंक लोगों को समर्पित सेवा का अपना 106वां वर्ष मना रहा है। यह सहकारी बैंक देश के शहरी बैंकिंग क्षेत्र में अग्रणी रूप में उभरा है, जो अद्वितीय वित्तीय सेवाएं प्रदान करता है। अपने प्रतिस्पर्धियों को पीछे छोड़ते हुए और एक सदी तक लगातार विकास बनाए रखते हुए, सारस्वत बैंक आज भारत में सबसे बड़े शहरी सहकारी बैंक के रूप में खड़ा है, जिसकी उपस्थिति छह राज्यों – महाराष्ट्र, गोवा, गुजरात, दिल्ली, मध्य प्रदेश और कर्नाटक में है। सारस्वत सहकारी बैंक का कुल कारोबार मार्च 2023 तक रुपये 75,000 करोड़ से अधिक का है। अपने 294…

SWaCH (Solid Waste Collection and Handling), officially known as the SWaCH Seva Sahakari Sanstha Maryadit, Pune, holds the distinction of being India’s pioneering cooperative entirely owned by self-employed waste pickers, waste collectors, and other urban underprivileged individuals. This groundbreaking organization came into being through a collaborative effort between the Pune Municipal Corporation (PMC) and the waste pickers’ union known as Kagad Kach Patra Kashtakari Panchayat (KKPKP). In 2008, PMC and SWaCH entered into a five-year Memorandum of Understanding with the objective of decentralizing door-to-door waste collection services and empowering SWaCH members to take charge of this critical task. As of…

While not yet ubiquitous, worker cooperatives (an organization model where ownership and influence are democratized) are quietly thriving, making up about 3-4% of the global cooperative sector. These worker-owned and controlled businesses aren’t just laboratories for human resource (HR) experiments; they’re engines of economic empowerment for their members. Let’s explore five inspiring examples of worker cooperatives that offer invaluable lessons in every aspect of organizational management and development, fuelling the economic well-being for their worker-owners. I. Democratic Governance: Uralungal Labour Contract Cooperative Society (ULCCS), Kerala, a Total Solution Provider (TSP) for infrastructure development and management projects, is one of India’s…