Archive · 1 Aug 2025
Cabinet Approves ₹2,000 Crore Grant for Cooperative Sector
The Indian government has decided to give ₹2,000 crore to help the cooperative sector.
This money will go to the National Cooperative Development Corporation (NCDC).
The plan is for four years, starting in 2025, with ₹500 crore given each year.
NCDC will also get to borrow a large amount, ₹20,000 crore, from outside sources.
The Union Cabinet approved a Rs 2,000 crore grant for the cooperative sector.
The grant is for the National Cooperative Development Corporation (NCDC).
The scheme will run from 2025-26 to 2028-29.
Annual budgetary allocation is Rs 500 crore.
NCDC will raise Rs 20,000 crore from the open market.
- Who
- The Union Cabinet approved the grant for NCDC.
- What
- The Union Cabinet approved a grant for the cooperative sector.
- When
- The scheme will run from 2025-26 to 2028-29.
- Where
- India.
- Why
- To strengthen India’s cooperative sector.
- Organization
- National Cooperative Development Corporation (NCDC)
- Grant Amount
- ₹2,000 crore
- Scheme Duration
- 2025-26 to 2028-29
- Annual Allocation
- ₹500 crore
- Open Market Raise
- ₹20,000 crore
Sources
India greenlights ₹2,000 crore central scheme for cooperative sector via NCDC
Cabinet Approves Rs 2,000 Crore Grant for National Cooperative Development Corporation
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