+
ULCCS Model Shines at Global Social Economy Summit in Spain
ECONOMY & POLICY

ULCCS Model Shines at Global Social Economy Summit in Spain

The Uralungal Labour Contract Cooperative Society (ULCCS), one of India’s oldest and most respected worker cooperatives, was honoured as a global exemplar in social entrepreneurship at the 1st ASETT Forum on Social Economy in San Sebastián, Spain. As ULCCS marks its centenary, this global recognition reaffirms its legacy as a transformative force in inclusive development and cooperative governance.

The high-level summit—hosted by the Business Confederation of Social Economy of Spain (CEPES) and supported by the Spanish Ministry of Labour and Social Economy—brought together over 100 speakers and leaders from 50 countries, including ministers, policymakers, and social economy leaders, to exchange innovative approaches to reducing inequality and strengthening people-centric labour ecosystems.

TK Kishor Kumar, Chief Project Coordinator at ULCCS and Director of the National Labour Federation, delivered a landmark presentation titled “The Uralungal Model: A Global Benchmark in Socio-Economic Systems.” His address underscored ULCCS’s unwavering commitment to ethical business practices, worker ownership, transparency, and long-term human capital investment.

Sharing his views, TK Kishor Kumar said, “ULCCS was born in 1925 amidst colonial hardship, founded by a visionary group of marginalized workers in rural Kerala. A century later, we stand as a living testament to the power of community-led development. Our story is one of resilience, equity, and dignity—values that transcend borders and speak to the urgent need for inclusive growth across the world.”

A book featuring ULCCS and other exemplary global cooperative models was shared with participants and attendees during the summit, serving as a key reference in discussions on inclusive economic frameworks. ULCCS and Gujarat-based SEWA were the only Indian institutions invited to participate, spotlighting India’s vibrant and resilient cooperative sector.

The event featured prominent global leaders, including Spain’s Second Vice President and Labour Minister Yolanda Díaz, Senegal’s Minister for Microfinance and Social Economy Dione Aliou, Kenya’s Principal Secretary for Cooperatives Patrick Kiburi Kilemi, Palestinian Authority’s Labour Minister Enas Dahadha Attari, Brazil’s Secretary for Solidarity Economy Gilberto Carvalho, and France’s Delegate for Social Economy Maxime Baduel.

As ULCCS celebrates its centenary, this international recognition underscores its role as a trailblazer in the social economy—inspiring movements for equity, sustainability, and collective entrepreneurship worldwide. The cooperative’s story is a testament to the transformative power of community-driven development and sets a global standard for future generations.

The Uralungal Labour Contract Cooperative Society (ULCCS), one of India’s oldest and most respected worker cooperatives, was honoured as a global exemplar in social entrepreneurship at the 1st ASETT Forum on Social Economy in San Sebastián, Spain. As ULCCS marks its centenary, this global recognition reaffirms its legacy as a transformative force in inclusive development and cooperative governance.The high-level summit—hosted by the Business Confederation of Social Economy of Spain (CEPES) and supported by the Spanish Ministry of Labour and Social Economy—brought together over 100 speakers and leaders from 50 countries, including ministers, policymakers, and social economy leaders, to exchange innovative approaches to reducing inequality and strengthening people-centric labour ecosystems.TK Kishor Kumar, Chief Project Coordinator at ULCCS and Director of the National Labour Federation, delivered a landmark presentation titled “The Uralungal Model: A Global Benchmark in Socio-Economic Systems.” His address underscored ULCCS’s unwavering commitment to ethical business practices, worker ownership, transparency, and long-term human capital investment.Sharing his views, TK Kishor Kumar said, “ULCCS was born in 1925 amidst colonial hardship, founded by a visionary group of marginalized workers in rural Kerala. A century later, we stand as a living testament to the power of community-led development. Our story is one of resilience, equity, and dignity—values that transcend borders and speak to the urgent need for inclusive growth across the world.”A book featuring ULCCS and other exemplary global cooperative models was shared with participants and attendees during the summit, serving as a key reference in discussions on inclusive economic frameworks. ULCCS and Gujarat-based SEWA were the only Indian institutions invited to participate, spotlighting India’s vibrant and resilient cooperative sector.The event featured prominent global leaders, including Spain’s Second Vice President and Labour Minister Yolanda Díaz, Senegal’s Minister for Microfinance and Social Economy Dione Aliou, Kenya’s Principal Secretary for Cooperatives Patrick Kiburi Kilemi, Palestinian Authority’s Labour Minister Enas Dahadha Attari, Brazil’s Secretary for Solidarity Economy Gilberto Carvalho, and France’s Delegate for Social Economy Maxime Baduel.As ULCCS celebrates its centenary, this international recognition underscores its role as a trailblazer in the social economy—inspiring movements for equity, sustainability, and collective entrepreneurship worldwide. The cooperative’s story is a testament to the transformative power of community-driven development and sets a global standard for future generations.

Next Story
Resources

Pankaja Munde Lauds CREDAI-MCHI for Tree Plantation in Beed

CREDAI-MCHI has received a second letter of appreciation from Smt. Pankaja Gopinath Munde, Maharashtra’s Minister of Environment & Climate Change, for planting 2,000 tree saplings at Bhagvan Bhaktigad, Sawargaon Ghat in Patoda, Beed. The initiative aligns with the state’s Green Maharashtra Mission and Van Mahotsav drive. In her letter, the Minister commended CREDAI-MCHI’s environmental contribution as a step towards long-term ecological balance and climate resilience. Domnic Romell, President, CREDAI-MCHI, said: “We are deeply honoured to receive this recognition... The p..

Next Story
Technology

Rodic Launches Advisory Arm for Data-Driven Governance Reform

Rodic Consultants has announced the launch of Rodic Advisory & Technology, a strategic new vertical aimed at strengthening data-led governance, institutional reform, and infrastructure strategy. The move marks a key milestone in the company’s evolution from engineering consultancy to governance enabler. Positioned as a dedicated public sector think tank, the vertical will partner with government bodies, multilateral institutions, and public agencies to deliver advisory services rooted in real-time operational data, engineering intelligence, and implementation expertise. Service..

Next Story
Infrastructure Urban

IndoSpace Launches Largest Industrial Park in Pune Region

IndoSpace, India’s leading supply chain infrastructure platform, has launched IndoSpace Chakan V, its largest industrial and logistics park in the country. Spread across 188 acres in MIDC Chakan near Pune, the project involves an investment of USD 120 million and marks the company’s eighth park in the region, bringing IndoSpace’s Pune footprint to 525 acres. Strategically located along major highways—including the Mumbai-Pune Expressway, Pune-Nashik Highway, and Bengaluru-Mumbai Industrial Corridor—the park ensures seamless connectivity to key industrial hubs and ports across we..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?