Cooperation Minister chairs the National Cooperative Development Corporation's 93rd General Council

29 October 2026

The 93rd meeting of the General Council of the National Cooperative Development Corporation was held at its New Delhi headquarters, chaired by Union Home Minister and Minister of Cooperation Amit Shah. The Council was told that disbursements since the Ministry of Cooperation was created had reached about Rs 4,14,586 crore up to October 25, 2026. In 2025-26 the Corporation sanctioned projects worth Rs 1,55,408 crore and disbursed Rs 1,27,596 crore, roughly five times the Rs 24,733 crore disbursed in 2020-21. It posted a net profit of Rs 1,475 crore, a loan recovery rate of 99.84 per cent and zero net non-performing assets. The NCDC (Amendment) Act, 2026 was published in the Gazette of India on August 14, 2026, and a grant of Rs 2,000 crore was approved to help the Corporation raise Rs 20,000 crore from the market over four years. Under the Sahakar Navachar Yojana the Corporation gives grants of up to Rs 25 lakh from a corpus of Rs 10 crore. The Minister asked the Corporation to draw up a 25-year roadmap.