Grant in Aid to National Cooperative Development Corporation Scheme
On 31st July 2025, the Union Cabinet approved the Central Sector Scheme “Grant in aid to National Cooperative Development Corporation (NCDC)” for a period of four years from 2025-26 to 2028- 29 (Rs.500 crore each year from FY 2025-26).
Purpose
- To enhance the financial autonomy and operational capabilities of India’s vast network of cooperative societies.
Salient Features
Leveraging Market Potential
- This multiplier effect of 10 times the original grant is expected to significantly strengthen the financial base of cooperative societies across India.
- These funds will be utilized by the NCDC to provide affordable loans to cooperatives for:
- Setting up new projects
- Expansion ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
India Watch
- 1 Supreme Court’s Ruling on Pollution Control Boards
- 2 Supreme Court Calls for Clear Guidelines for Social Media Influencers
- 3 CATCH Grant Program
- 4 Higher Education Financing Agency (HEFA)
- 5 CAG Report on Compliance of the FRBM Act, 2003
- 6 Designated National Authority
- 7 Unified District Information System for Education Plus (UDISE+)
- 8 Psephology
- 9 Standing Committee Report on Water Resources
- 10 Toll Collection Reforms
