Author: SahkarNet

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…

In stark contrast to traditional hierarchical businesses, workers cooperatives stand as shining examples of democratic governance. They empower every worker-owner, not just the investors and executives, to actively participate in shaping the organization’s direction and fuel economic well-being and contribution for their member-owners. One such shining example in the Indian cooperative movement is Uralungal Labour Contract Cooperative Society (ULCCS), Kerala. Here is a brief on the democratic governance processed followed at ULCCS. Uralungal Labour Contract Cooperative Society (ULCCS), Kerala is one of India’s oldest and most remarkable labor cooperative, entirely owned and managed by its dedicated member workforce of more…

In the vast and complex landscape of India’s cooperative and cooperative banking sectors, the Karimnagar District Central Cooperative Bank (DCCB) shines as a beacon of success, best practices and good governance. Established in 1921, the bank has weathered numerous challenges and emerged as a financial powerhouse, catering to the diverse banking needs of its customers. The Karimnagar District Cooperative Central Bank, which was reeling under acute financial crisis with losses to the tune of ₹70 crore during 2004-05 has today emerged as the best cooperative bank in the country, winning several national awards. The bank recently bagged the NAFSCOB’s all-India…

Date: 28 – 30 April, 2024 Location: Dead Sea, Jordan Organizer: ICA- Asia & Pacific, in collaboration with the Jordan Co-operative Corporation (JCC) and the Ministry of Agriculture of the Hashemite Kingdom of Jordan Brief Details: International Cooperative Alliance – Asia Pacific (ICA-AP), in collaboration with the Jordan Co-operative Corporation (JCC) and the Ministry of Agriculture of the Hashemite Kingdom of Jordan, is organizing the 11th Asia Pacific Cooperative Ministers’ Conference (APCMC). The theme for the 11th APCMC is “Government- Cooperative Partnership for Cooperative Resilience, Sustainable Development & Inclusive Growth in Asia Pacific & MENA Region.” For Further Details, Please Visit:…

Date: 06 July, 2024 Location: Global – Physical and Virtual Organization: ILO, ICA and Others Brief Details: International Day of Cooperatives is celebrated on the first Saturday of July every year. It was first celebrated under the auspices of the United Nations in 2005, though its history as a day celebrated by the international cooperative movement and the International Co-operative Alliance goes back to 1923. The aim of the International Day is to increase awareness on cooperatives and promote the values and principles that make the cooperative model suitable for advancing sustainable development. The International Day also aims to strengthen…

The Confederation of Co-operative Housing is urging the next government to help create an enabling environment for the growth of the sector. The Confederation of Co-operative Housing (CCH) has unveiled its “Manifesto for Change,” urging the upcoming government to take decisive action in fostering a conducive environment for the growth of the co-operative housing sector in the UK. Key Recommendations from the Manifesto: Bespoke Co-operative Tenure Legislation: CCH proposes the introduction of legislation for a unique form of co-operative tenure to empower communities in shaping their housing futures. Financial Intermediary Support: The CCH advocates for the establishment of a financial…

Date: June 26-28, 2024 Location: Kochi, Kerala, India Organizer: Indian National Committee (INC) of International Dairy Federation (IDF). Secretary (AHD), DAHD, Ministry of Fisheries, Animal Husbandry & Dairying, Government of India is the President of the INC IDF whereas National Dairy Development Board (NDDB) serves as the secretariat of INC IDF. Brief Details: Spread over three days, the conference is being organized on the theme “Farmer Centric Innovations in Dairying”. The conferenceis poised to ignite illuminating discussions, gathering leaders and experts from the dairy sector worldwide to collaboratively address pressing issues. Through a series of sessions, it will offer a platform for presenting both…