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The Uralungal Labour Contract Co-operative Society (ULCCS) is recognized as the oldest worker cooperative in India. [1] It was founded in 1925 under the guidance of Vagbhadananda in Calicut Kerala. With a membership of around 1415 individuals, ULCCS has successfully completed over four thousand projects.
The Kerala Co-operative Milk Marketing Federation (KCMMF), [1] known by its trade name Milma, [2] [3] is a state government cooperative society [4] [5] established in 1980 headquartered in Thiruvananthapuram. It is an India state government cooperative owned by the Ministry of Cooperation, Government of Kerala. KCMMF is a Federation of three ...
There are 332 co-operative societies in the Marine sector, 183 in the Inland sector and 131 women co-operatives. The federation came into existence in 1984. The federation has a district office in each of the maritime districts and one in the Inland district, each headed by a district manager.
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KERAFED (Malayalam: കേരാഫെഡ്) is the top-level co-operative federation of coconut farmers in the southern Indian state of Kerala. KERAFED is also a producer and marketer of products based on coconut. It is the third largest producer of coconut oil in India. [citation needed] [1]
As negotiations with the company failed, the trade union movement in Kerala put forth the idea of developing a cooperative. As a result, the cooperative was inaugurated in 1969. The E.M.S. ministry invested ₹13.5 lakhs as share capital and sanctioned a huge working capital loan of ₹700,000 to initiate the functioning of this cooperative. [5]
The cooperative movement in India plays a crucial role in the agricultural sector, banking and housing. The history of cooperatives in India is more than a hundred years old. Cooperatives developed very rapidly after Indian independence. According to an estimate, more than half a million cooperative societies are active in the country.
Under the different types of cooperatives in India, the credit cooperative is a powerful system in India, which encompasses the organization of the rural credit cooperative. In the villages of India the other types of cooperatives found are societies of farmer service and multipurpose society for large-scale agriculture. [22]