About National Cooperative Development Corporation:
- It is a statutory organisation established in 1963, under the Ministry of Cooperation, Government of India.
- Objective: Promoting, strengthening and developing farmer cooperatives for increasing production and productivity and instituting post- harvest facilities across the country.
- Functions of National Cooperative Development Corporation:
- Promoting and strengthening farmer cooperatives: It aims to increase production, productivity by developing farmer cooperatives and instituting post-harvest facilities
- Postharvest Facilities: It provides assistance for developing processing, storage, cold chain and marketing of agricultural produce and the supply of seeds, fertilizer and other agricultural inputs etc.
- Financial Assistance: It provides financial assistance to the cooperative sector for their economic development and social upliftment through NCDC Sponsored schemes and various schemes implemented by NCDC
- It also supports income-generating cooperatives across various non-farm sectors such as weaker section activities which include dairy, livestock, handloom, sericulture etc.
Initiatives of National Cooperative Development Corporation:
- Yuva Sahakar: The scheme aims at encouraging newly formed cooperative societies with new and/ or innovative ideas.
- Ayushman Sahakar: The scheme has a comprehensive approach to cover hospitals, healthcare, medical education, nursing education, paramedical education, health insurance and holistic health systems such as AYUSH.
- Nandini Sahakar: The scheme aims to improve the socio-economic status of women and supports the entrepreneurial dynamism of women through women’s cooperatives.
- Dairy Sahakar: It is a cooperative dairy business focused framework of financial assistance for encouraging cooperatives to achieve higher outcomes in ESG (environmental, social, governance) linked activities.
- Swayam Sahakar: Scheme for providing NCDC's financial assistance to Agricultural Credit Cooperatives for providing loan/advances to Women Self Help Groups (SHGs).
