Cabinet approves Rs 2000 Crore grant in aid to NCDC

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has approved the Central Sector Scheme “Grant in aid to National Cooperative Development Corporation (NCDC)” with an outlay of Rs.2000 crore for a period of four years from 2025-26 to 2028- 29 (Rs.500 crore each year from FY 2025-26). On the basis of…
Eying To Cash In The Booming Organic Market Via Cooperatives

With estimated global organic food market to be around Rs 10 lakh crore where India’s share is paltry 2.7 per cent, the Government is eying to harness the unlimited opportunities on the platter to boost income of farmers for which it has set up a national level cooperative society for organic products. The first-of-its-kind initiative…
Amul, NAFED among promoters of New national export cooperative

The proposed national multi-state cooperative export society, to be established under the Multi State Cooperative Societies (MSCS) Act, 2002, will have a paid-up capital of Rs 2,000 crore, a top official at the Union Ministry of Cooperation said Thursday. The official said the proposed export cooperative will have five promoters — Gujarat Cooperative Milk Marketing…
From Poor Cooperative to Successful Corporative : Ministry of Coop

A cooperative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations. They do it through a jointly owned and democratically controlled enterprise. The essence of cooperation lies in bringing the diverse group together. Infuse inclusion by giving them voice and then create belongingness by offering…