About National cooperative development corporation(ncdc)
National Cooperative Development Corporation (NCDC) is a government-owned organization that was established in 1963 with the aim of promoting and developing cooperative societies in India. The corporation provides financial assistance, technical support, and other services to cooperatives across various sectors such as agriculture, rural development, handicrafts, textiles, and more.
With over five decades of experience in the field of cooperative development, NCDC has played a crucial role in empowering farmers and rural communities by providing them with access to credit facilities and other resources. The corporation has also been instrumental in promoting sustainable agriculture practices and supporting small-scale industries through its various schemes.
One of the key objectives of NCDC is to promote the formation and growth of new cooperatives. To achieve this goal, the corporation provides financial assistance for setting up new cooperatives as well as for expanding existing ones. It also offers training programs for members of these cooperatives to help them improve their skills and knowledge.
NCDC's focus on sustainable development is reflected in its initiatives aimed at promoting renewable energy sources such as solar power. The corporation has provided funding for several solar projects across India that have helped reduce carbon emissions while providing clean energy to communities.
In addition to its work with cooperatives, NCDC also plays an important role in supporting micro-enterprises through its Micro Enterprise Development Programme (MEDP). This program provides training and financial assistance to individuals looking to start their own businesses or expand existing ones.
Overall, National Cooperative Development Corporation (NCDC) has been a driving force behind the growth of cooperative societies in India. Its commitment towards sustainable development coupled with its expertise in providing financial assistance and technical support make it an invaluable partner for farmers, rural communities, small-scale industries, and micro-enterprises alike.