New Delhi, Nov 5 (NationPress) The National Cooperative Development Corporation (NCDC) has demonstrated a remarkable growth trajectory by distributing an impressive Rs 49,799.06 crore to various cooperatives across the nation from April to October 2025 during this financial year, as per an official announcement made on Wednesday.

NCDC, a statutory body operating under the Ministry of Cooperation, has continuously exhibited a strong commitment to fortifying India’s cooperative framework through ongoing financial support.

This year's disbursement marks a significant increase from Rs 5,735.51 crore in 2014-15 to Rs 95,182.88 crore in 2024-25, underscoring its expanding influence across various sectors.

From FY 2021-22 to FY 2024-25, a total of Rs 4823.68 crore was allocated to empower women cooperatives, thereby enhancing women's engagement in the cooperative arena.

By March 2025, NCDC had cumulatively provided Rs 33,311.79 crore in financial aid to cooperative sugar mills throughout India.

NCDC has significantly contributed to the achievements of numerous cooperatives including the Gujarat State Cooperative Marketing Federation Limited, Lahoul Potato Growers Cooperative Society in Himachal Pradesh, and the Jharkhand Women’s Self-Supporting Poultry Cooperative Federation, showcasing the strength and breadth of India's cooperative movement.

The core objectives of NCDC include promoting, enhancing, and developing farmer cooperatives to boost production, productivity, and establish post-harvest facilities.

Additionally, NCDC offers support for the advancement of cooperatives in areas such as processing, storage, cold chain management, and marketing agricultural products, along with supplying seeds, fertilizers, and other agricultural essentials.

Beyond agricultural projects, NCDC also backs income-generating cooperatives in various non-farm sectors, including activities for marginalized groups, such as dairy, livestock, handloom, sericulture, poultry, and fisheries.

Moreover, NCDC extends financial assistance aimed at the economic advancement and social upliftment of cooperatives through specially funded programs and various schemes initiated by the Government of India.

In the past four years (FY 2021-22 to FY 2024-25), NCDC granted Rs 57.78 crore in loans to SC/ST cooperatives, ensuring equitable access to the advantages of cooperative development for all societal segments.

This consistent rise in financial allocations indicates NCDC's enhanced capability to provide timely and targeted credit, reflecting the increasing demand for cooperative-driven development. These initiatives collectively highlight NCDC’s essential role in fostering an inclusive, market-responsive, and self-sufficient cooperative ecosystem in India, as stated in the official release.