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Uralungal, village cooperative turns into world s 2nd largest cooperative
By IANS |
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Thiruvananthapuram, April 16 : The Uralungal Cooperative Society was formed by the eminent social reformer Saint Vagbhatananda in a remote rural hamlet called Uralungal in Vadakara of Kozhikode district of Kerala in 1925.
In 1924, one of the then local newspapers published an article on a notification of Malabar District Board under British rule inviting people to form cooperatives in the Malabar region. This led 14 young people to form the Uralungal Workers Cooperative Society, which gives equality among them.
The growth of the cooperative from a 37 paise British Indian currency to Rs 5,000 crore Indian rupees in a period of 96 years was achieved by its ethical practices of labour welfare and vigilant measures of Capital accountability .
The National Centre for Cooperative Education of National Cooperative Union of India (NCUI) started a 12 Weeks Online Diploma Program titled “Diploma in Cooperative Education and Development” from 1st February 2021.
The Diploma which was inaugurated by NCUI President Dileep Sanghani, has about 45 participants from Nepal and various states of India like Assam, West Bengal, Chhattisgarh, Uttar Pradesh, Madhya Pradesh, Karnataka, Goa, Telangana, Gujarat, Delhi, Jammu & Kashmir etc.
The Diploma subject includes Cooperative Education, Environment of Cooperative, Cooperative Management, Accounting & Taxation and Cooperative Law.
Welcoming the participants, President NCUI Sanghani said Professionalization is a big challenge for the cooperative organisations today. With more than 8 lakh cooperatives functioning in various areas of socio-economic activities, the cooperatives in India have many success stories like AMUL, IFFCO, KRIBHCO, Uralungal Cooperative Society, etc.