Srinagar: The National Cooperative Development Corporation (NCDC) has reported strong financial performance for the current fiscal year, disbursing ₹49,799.06 crore up to October 2025. The figure signals continued momentum after the record ₹95,182.88 crore disbursed in FY 2024–25 — a remarkable rise from ₹5,735.51 crore in 2014–15, underscoring a decade of robust expansion in India’s cooperative financing landscape.
Established in 1963 under the Ministry of Cooperation, NCDC has been instrumental in financing and strengthening cooperatives across agriculture, dairy, fisheries, textiles, and allied sectors. The Corporation’s cumulative assistance to cooperative sugar mills stood at ₹33,311.79 crore as of March 2025, while its focused lending to women and marginalised groups continues to deepen inclusivity. Between FY 2021–22 and FY 2024–25, ₹4,823.68 crore was disbursed to women cooperatives and ₹57.78 crore to SC/ST cooperatives.
Highlighting NCDC’s multi-sectoral approach, several flagship schemes have transformed cooperative operations nationwide. The Yuva Sahakar scheme supports start-up cooperatives with innovative business models, while Ayushman Sahakar enables healthcare cooperatives to expand affordable services. Dairy Sahakar promotes end-to-end dairy value chain enhancement, and Digital Sahakar aligns with the government’s Digital India mission. Other initiatives, including Deerghavadhi Krishak Punji Sahakar Yojana, provide long-term credit to agricultural cooperatives to boost productivity and rural employment.
Women-led initiatives remain central to NCDC’s vision. Under the Swayam Shakti Sahakar Yojana and Nandini Sahakar, over 34 women cooperatives have received ₹6,283.71 crore in sanctioned support, strengthening women’s participation in cooperative enterprises and rural livelihoods.
To further bolster cooperative financing, the Union Cabinet recently approved a new Grant-in-Aid scheme worth ₹2,000 crore for 2025–26 to 2028–29, enabling NCDC to leverage ₹20,000 crore in market funds. Around 13,288 cooperative societies and nearly 2.9 crore members across dairy, sugar, livestock, and women-led enterprises are expected to benefit.
The Government has also introduced the National Cooperation Policy (NCP) 2025, aligning cooperative development with the vision of Viksit Bharat 2047. Implemented in collaboration with institutions such as IFFCO, Amul, NAFED, NDDB, and NABARD, the policy aims to foster transparent, tech-driven, and professionally managed cooperatives under the guiding principle of Sahkar se Samriddhi.
Through sustained financial support and focused policy interventions, NCDC continues to anchor India’s cooperative ecosystem — empowering over 8.4 lakh cooperative societies and 30 crore members nationwide. Its inclusive growth model not only strengthens the rural economy but also reinforces India’s march toward self-reliance and sustainable prosperity.
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