National Cooperative Development Corporation (NCDC)
Why in news?
- The NCDC has shown significant growth and progress in strengthening India's cooperative sector.
- As of October 2025 in the financial year 2025–26, NCDC has disbursed approximately Rs. 49,799.06 crore, continuing a strong upward trend from Rs. 95,182.88 crore disbursed in 2024–25.
Key points about NCDC
- Established in 1963 under an Act of Indian Parliament as a statutory corporation.
- Functions under the Ministry of Cooperation, Government of India.
- Primary objective: promote, strengthen, and develop farmer cooperatives for increasing production and productivity.
- Supports programs for production, processing, marketing, storage, export, and import of agricultural produce and other notified commodities on cooperative principles.
- Provides financial assistance including loans and grants to cooperative societies at primary, secondary, and national levels.
- Focuses on agricultural marketing, input supply (seeds, fertilizers), cold chains, storage, and post-harvest facilities.
- Supports income-generating cooperatives in non-farm sectors such as dairy, livestock, handloom, sericulture, poultry, and fishery.
Schemes and Initiatives
- NCDC implements its own schemes and central government sponsored schemes to strengthen cooperative societies.
- Notable initiatives include "Yuva Sahakar" for promoting cooperative start-ups led by youth, "Ayushman Sahakar" for healthcare sector cooperatives, "Dairy Sahakar," "Digital Sahakar," "Swayam Shakti Sahakar" targeting women-led cooperatives, and "Nandini Sahakar."
- It also supports the formation of 10,000 Farmer Producer Organizations (FPOs) nationwide.
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