National Cooperative Development Corporation (India)
राष्ट्रीय सहकारी विकास निगम
National Cooperative Development Corporation
| Formed | 1963 |
| Jurisdiction | India |
| Headquarter | New Delhi |
| Minister | Radha Mohan Singh, Minister of Agriculture |
| Managing Director | Vasudha Mishra,IAS (2013-incumbent) |
| Ministry | Ministry of Agriculture & Farmers Welfare |
| website | www.ncdc.in |
National Cooperative Development Corporation (NCDC) was established by an Act of Parliament in 1963 as a statutory Corporation under Ministry of Agriculture & Farmers Welfare.[1] Currently it has eighteen Regional Directorates at Bengaluru, Bhopal ,Bhubneshwar, Chandigarh, Chennai, Dehradun, Gandhinagar, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Patna, Pune, Raipur, Ranchi, Shimla and Thiruvananthapuram to provide the financial assistance to Cooperatives/Societies/Federations.[2]
Mission
To provide financial assistance to Cooperative including to those from the weaker sections, for infrastructure and business development, for their economic upliftment, along with, appropriate capacity building interventions.
Vision
To be the preferred Development Financial Institution for the Cooperatives in the country and carve a niche for development of the sector internationally.
Activities
NCDC has different activities under it namely[3]
- Marketing
- Cold Storage
- Sugar
- Textile
- IC&SC
- Storage
- Consumer
- ICDP
- Fisheries
- Dairy
- Poultry
- Tribal
- Computerisatio
- Promotional & Development Programmes
- Consultancy Services
- TOPIC
Functions
Planning, promoting and financing programmes for production, processing, marketing, storage, export and import of agricultural produce, food stuffs, certain other notified commodities e.g. fertilisers, insecticides, agricultural machinery, lac, soap, kerosene oil, textile, rubber etc., supply of consumer goods and collection, processing, marketing, storage and export of minor forest produce through cooperatives, besides income generating stream of activities such as poultry, dairy, fishery, sericulture, handloom etc. NCDC Act has been further amended which will broad base the area of operation of the Corporation to assist different types of cooperatives and to expand its financial base. NCDC will now be able to finance projects in the rural industrial cooperative sectors and for certain notified services in rural areas like water conservation, irrigation and micro irrigation, agri-insurance, agro-credit, rural sanitation, animal health, etc.Loans and grants are advanced to State Governments for financing primary and secondary level cooperative societies and direct to the national level and other societies having objects extending beyond one State.