National Cooperative Development Corporation (NCDC)

About National Cooperative Development Corporation (NCDC)

NCDC is a statutory corporation under the Union Ministry of Cooperation.
It was established in 1963 by an Act of Parliament.
Structure:
- Governing Council: It is a 51 member body which shapes NCDC’s policies and programmes.
- Board of Management: It is a 12 member body to cater day-to-day activities of the corporation.
Functions of NCDC:
- Planning, promoting and financing programs for the production, processing, marketing, storage, export, and import of agricultural produce, food stuffs and other commodities.
- Financing projects in the rural industrial cooperative sectors.
- Providing financial assistance to cooperatives, societies and federations.
- Promoting farmer cooperatives to increase production and productivity.

Nandini Sahkar Yojna

It was launched by NCDC to provide financial assistance to women cooperatives for business model-based activities.
Features:
- There is no minimum or maximum limit on financial aid for projects.
- It assists women cooperatives in project formulation, ensuring their business plans are well-structured.
- It brings together critical inputs such as credit, subsidies, and interest subvention from other schemes to support women’s enterprise.