National Cooperative Development Corporation (NCDC)

National Cooperative Development Corporation (NCDC)

National Cooperative Development Corporation (NCDC), a statutory organization under the Ministry of Cooperation, Government of India was established in 1963 with the objective of promoting, strengthening and developing farmer cooperatives for increasing production, productivity and instituting post- harvest facilities across the country. The focus of Corporation is on programmes of agricultural marketing and inputs, processing, storage, cold chain and marketing of agriculture produce and the supply of seeds, fertilizer and other agricultural inputs etc. In the non-farm sector, the Corporation endeavors to equip cooperatives with facilities to promote income generating activities, with special focus on dairy, livestock, handloom, sericulture, poultry, fishery and weaker sections such as scheduled caste & scheduled tribes, women cooperatives, etc.

 

National Cooperative Development Corporation (NCDC) implements its own following schemes to strengthen cooperative societies by providing loans:

NCDC’s long-term financial assistance to Agricultural Credit Cooperatives towards their onward lending of long-term loans / advances for activities / commodities / services under the purview of NCDC.

 

NCDC also implements following Central Sector / Sponsored schemes of Government of India to provide assistance for the overall development of co-operative institutions in sectors such as agriculture, horticulture, fisheries, dairy, livestock, food processing, marketing, storage and cold chain etc.

Scheme for Formation and Promotion of 10,000 Farmer Producer Organizations (FPOs) – Ministry of Agriculture & Farmer’s Welfare.

 

Other:

(b)      Govt. of Maharashtra (Interest Subsidy)

This was stated by the Minister of Cooperation, Shri Amit Shah in a written reply to a question in the Lok Sabha.