Grant-in-Aid to National Cooperative Development Corporation (NCDC)
- Approved by Union Cabinet on 31 July 2025 - Total outlay: ₹2,000 crore over 4 years (FY 2025-26 to FY 2028-29) - Annual allocation: ₹500 crore - NCDC will leverage ₹20,000 crore from open market over 4 years - Beneficiaries: 2.9 crore members of 13,288 Primary Agricultural Credit Societies (PACS) - Loans for cooperatives: setting up, modernization, technology upgradation, expansion, working capital - Sectors covered: Dairy, Livestock, Fisheries, Sugar, Textile, Food Processing, Storage, Cold Storage - Special focus: Labour and Women-led cooperatives - NCDC (under Ministry of Cooperation) is implementing agency
- Union Cabinet approved ₹2,000 crore grant-in-aid to NCDC on 31 July 2025 over 4 years (FY 2025-26 to FY 2028-29) at ₹500 crore annually
- NCDC will leverage ₹20,000 crore from open market over 4 years using this grant as base
- Beneficiaries: 2.9 crore members of 13,288 Primary Agricultural Credit Societies (PACS)
- Loans provided for cooperatives covering dairy, livestock, fisheries, sugar, textile, food processing, storage, and cold storage
- Special focus on labour and women-led cooperatives for setting up, modernization, technology upgradation, and expansion
- NCDC under Ministry of Cooperation is the implementing agency
What is the NCDC Grant-in-Aid scheme?
Approved by the Union Cabinet on 31 July 2025, it is a Central Sector Scheme providing ₹2,000 crore grant-in-aid over 4 years (FY 2025-26 to FY 2028-29) to the National Cooperative Development Corporation.
How much funding does NCDC receive annually?
NCDC receives ₹500 crore annually under the scheme. Using this grant, NCDC will leverage ₹20,000 crore from the open market over 4 years to expand lending to cooperatives.
Who benefits from the NCDC grant?
The scheme benefits 2.9 crore members of 13,288 Primary Agricultural Credit Societies (PACS), with a special focus on labour-led and women-led cooperatives across India.
What purposes can NCDC loans be used for?
Loans support cooperatives for setting up, modernization, technology upgradation, expansion, and working capital needs across dairy, livestock, fisheries, sugar, textile, food processing, and cold storage sectors.
Which ministry implements the NCDC grant scheme?
The Ministry of Cooperation implements the scheme, with NCDC serving as the implementing agency that channels credit to Primary Agricultural Credit Societies and cooperative enterprises nationwide.
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