National Cooperative Development Corporation (NCDC)

Location: India

Financial Indicators: The National Cooperative Development Corporation has been granted ₹2,000 crore (approximately $240 million) by the Union Cabinet. This grant is for the period from 2025-26 to 2028-29, which will enable the NCDC to access an additional ₹20,000 crore from the open market. These funds will be directed towards long-term credit and working capital for cooperatives within the dairy sector.

Important Events

In a significant move to boost the dairy sector, the Indian government has approved a substantial grant to the NCDC. This decision underscores the importance of cooperatives in the agricultural and dairy industries in India, highlighting the government's commitment to strengthening these sectors.

Company Plans

With the financial backing secured through the government grant and market borrowing, NCDC plans to enhance its support for cooperatives by providing necessary financial resources. This funding will be crucial for sustaining and expanding dairy operations, improving infrastructure, and ensuring the availability of working capital to further the growth of the dairy industry in India.

Modified: 2025/08/11

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