NCDC’s support in strengthening cooperatives
NCDC’s support in strengthening cooperatives
National Cooperative Development Corporation (NCDC), a statutory organization under the Ministry of Cooperation, Government of India was established in 1963 with the objectives to promote, strengthen and develop cooperatives for increasing production and productivity and instituting post harvest facilities. Corporation provides financial assistance to cooperatives for various activities and schemes of Government of India.
The schemes launched by the National Cooperative Development Corporation (NCDC) since 2019 to strengthen cooperative societies are as under:
formulation, capacity development, credit and subsidy, and/ or interest subvention of other schemes.
extending 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.
Details of NCDC assistance for promoting deep-sea fishing, seafood processing and marine export infrastructure under fisheries development initiatives are attached at Annexure-I.
State/UT-wise detail of projects supported under the schemes launched since 2019 by National Cooperative Development Corporation including the number of implementing cooperative societies, amounts sanctioned and disbursed, pending applications etc. are enclosed at Annexure -II
Annexure -1
NCDC assistance for procurement of Deep-Sea Trawlers and Development Seafood Processing Infrastructure
(Rs. in crore)
S.
State
Name of Beneficiary
Activity
Sanction
Release
No
.
Total Project Cost
NCDC
Term Loan Sanction
NCDC
Term Loan Release
1.
Maharashtra
Department of Fisheries, Government of Maharashtra for Fisheries Co-operative
Societies of Maharashtra
Acquisition of
20.30
11.55
2.89
14 Deep-Sea
Fishing
Vessels
2.
Department of Fisheries, Government of Maharashtra for Rajmata Vikas Macchimaar Sah Sanstha, Sasoondock, Colaba, Mumbai
Setting up of
46.74
37.39
9.35
Seafood
Processing
Unit
3.
Gujarat
Shree Mahavir Machhimaar Sahakari Mandali Limited Port Area, Mangrol Bandar, District Junagadh, Gujarat
Acquisition of
30 Deep-Sea Fishing Vessels for 30 members of Society
36.00
18.00
0.00
4.
Kerala
Govt of Kerala for implementation of Integrated Fisheries Development Project 2022-23 to be implemented by the Kerala State Cooperative Federation for Fisheries Development Ltd. (MATSYAFED), through the
primary fishermen cooperative societies.
for (IFDP) of Government of Kerala
36.33
32.69
20.83
Total
139.37
99.63
33.07
Annexure-2 State/UT-wise detail of projects supported under the schemes launched since 2019
by National Cooperative Development Corporation including the number of implementing cooperative societies, amounts sanctioned, disbursed and pending applications
State
No. of implementing cooperative Societies
Amount Sanctioned (Rs. in crore)
Amount Released
(Rs. in crore)
No. of Pending Applications
Andhra Pradesh
1
0.316
0.316
0
Bihar
1
0.776
0.776
0
Jammu & Kashmir
4
1.440
0.000
0
Karnataka
1
0.218
0.000
0
Kerala
1
0.547
0.267
0
Madhya Pradesh
13
1.841
0.696
0
Maharashtra
1
0.753
0.000
0
Rajasthan
1
0.205
0.138
0
Tripura
1
0.974
0.000
0
Uttar Pradesh
4
1.004
0.978
0
Uttarakhand
4
39.996
0.344
0
West Bengal
2
1.400
0.700
0
34
49.468
4.215
0
State
No. of implementing cooperative Societies
Amount Sanctioned (Rs. in crore)
Amount Released
(Rs. in crore)
No. of Pending Applications
Kerala
7
108.96
26.25
0
Tamil Nadu
1
23.94
16.94
0
Nagaland
1
29
–
0
9
161.90
43.19
0
State
No. Of implementing cooperative Societies
Amount Sanctioned (Rs. in crore)
Amount Released
(Rs. in crore)
No. Of pending Application
Maharashtra
0
0
1.8
0
Bihar
0
0
27.16
0
Gujarat
13
155.41
29.13
0
Uttarakhand
0
0
23.49
0
Odisha
1
0.82
0.69
0
Tamil Nadu
0
0.00
37.33
0
Telangana
0
0
51.93
0
Rajasthan
0
0
6.19
0
Madhya Pradesh
0
0
0
0
Kerala
2
6.05
0
0
TOTAL
16
162.28
177.72
State
No. of implementing cooperative Societies
Amount Sanctioned (Rs. in crore)
Amount Released
(Rs. in crore)
No. of Pending Applications
Andhra Pradesh
1
4000.00
2800
0
Maharashtra
1
60.00
20
0
Kerala
1
1300.000
744
0
Madhya Pradesh
2
0.33
0.33
0
Rajasthan
1
200.00
0.00
0
6
5560.330
3564.330
0
State
No. of
implementing cooperative
Societies
Amount Sanctioned (Rs. in crore)
Amount Released
(Rs. in crore)
No. of Pending Applications
Rajasthan
4
400.76
237.36
0
Telangana
1
5000.00
2000
0
5
5400.760
2237.360
0
This was stated by the Minister of Cooperation, Shri Amit Shah in a written reply to a question in the Rajya Sabha.
-
- YUVA SAHAKAR: Cooperative Enterprise Support and Innovation Scheme: The scheme aims at encouraging newly formed cooperative societies with new and/ or innovative ideas.
- AYUSHMAN SAHAKAR: The scheme has a comprehensive approach to cover hospitals, healthcare, medical education, nursing education, paramedical education, health insurance and holistic health systems such as AYUSH.
- NANDINI SAHAKAR: The scheme aims to improve the socio-economic status of women and supports the entrepreneurial dynamism of women through women’s cooperatives. It will converge critical inputs of women’s enterprise, business plan