NCDC is a statutory Corporation set up under an Act of Parliament on 13th March 1963.
The objectives of NCDC are planning and promoting programmes for production, processing, marketing, storage, export and import of agricultural produce, foodstuffs, industrial goods, livestock and certain other notified commodities and services on cooperative principles and for matters concerned therewith or incidental there to.
RoI circular No. 1-1/90-Budt. dated 26.12.2022 and RoI circular No. 1-1/90-Budt. dated 14.02.2023
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Pattern of Assistance
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Ministry of Agriculture & Farmers Welfare, Ministry of Food Processing Industries, Ministry Of Fisheries, Animal Husbandry & Dairying, Mission for Integrated Development of Horticulture (NHM/NHB).
NCDC strengthens and promotes programmes across sectors such as agro processing, marketing and inputs, storage and cold chain, sugar, ethanol, textile, handloom, plantation crops, dairy, poultry & livestock, fisheries, women & tribal cooperatives, rural housing, tourism, industrial cooperatives, generation and distribution of power, hospital /healthcare etc. and other services through cooperatives benefitting the individual members, small and marginal farmers
NCDC raises funds from Central Govt, Internal Accruals, market borrowings by means of Commercial Paper borrowing, issue of Taxable Bonds and various scheduled commercial banks.
The Management of NCDC vests in the General Council of 51 members and Board of Management of 12 members. The term of General Council and Board is for 3 years and the same is reconstituted by Central Government every three years. The Union Minister of Cooperation is the President of the General Council and the Secretary (Cooperation ) Government of India is the Chairman of the Board of Management. The main responsibility of General Council is to lay down policy frame work, approve Programme of Activities and Annual Report of NCDC. The main responsibility of Board of Management is to implement the policies and guidelines of General Council. The Managing Director is the Chief Executive of the Corporation for implementation of programmes assisted by officers in various disciplines. NCDC functions through its Head Office at New Delhi and Regional Offices located at Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gandhinagar, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Patna, Pune, Raipur, Ranchi, Shimla, Thiruvananthapuram
The criteria of NCDC assistance is : NCDC as per its charter provides assistance to Cooperative Societies only ; The net worth of the Cooperative Society should be positive ; Generally the Cooperative Societies should be having elected board ; The project / activity should be technically feasible and financially viable ; The bye-laws of the concerned cooperative society should permit undertaking the proposed activity and Other criteria prescribed in the respective scheme.
Eligible societies can approach the Corporation through the concerned State Government or directly. Information in the NCDC’s prescribed format with detailed Project Report should be submitted to National Cooperative Development Corporation, 4 Siri Institutional Area, Hauz Khas, New Delhi -110016 or to respective Regional Directorates of NCDC.
Period of term loan for projects is generally 8 years. For margin money the term is 5 years and for working capital loan maximum 3 years is permitted.