Archive · 20 Nov 2025
NCDC Disburses Rs 95,200 Cr to Cooperatives; Launches Bharat Taxi
The National Cooperative Development Corporation (NCDC) has helped many cooperative societies by giving them Rs 95,200 crore in the last year.
They also started a new ride-hailing service called Bharat Taxi, which is owned by cooperatives.
This is good because it helps people work together and share resources.
NCDC disbursed Rs 95,200 crore in FY25 to cooperative societies
Union Home Minister Amit Shah praised NCDC's role in launching Bharat Taxi
Bharat Taxi is India's first cooperative-based ride-hailing service
NCDC's total disbursement increased from Rs 24,700 crore in FY2020-21
NCDC aims to empower cooperative societies and provide financial assistance
- Who
- National Cooperative Development Corporation (NCDC), Union Home Minister Amit Shah
- What
- Disbursed Rs 95,200 crore to cooperative societies, launched Bharat Taxi
- When
- In FY2024-25
- Where
- India
- Why
- To empower cooperative societies and provide financial assistance
- Established Year
- 1960
- Total Disbursement (FY2020-21)
- Rs 24,700 crore
- Total Disbursement (FY2024-25)
- Rs 95,200 crore
- Service Launched
- Bharat Taxi
- Minister Praising NCDC
- Amit Shah, Union Home and Cooperation Minister