The National Cooperative Development Corporation (NCDC) has been asked to scale up its financial assistance to cooperatives, with Union Home and Cooperation Minister Amit Shah setting an ambitious disbursement target of Rs 4 lakh crore for 2030-31.
Chairing the 93rd meeting of NCDC’s General Council in New Delhi, Shah outlined a phased expansion plan, calling for disbursements of Rs 1.70 lakh crore in 2026-27, Rs 2.10 lakh crore in 2027-28 and Rs 2.50 lakh crore in 2028-29. The target would rise to approximately Rs 3.50 lakh crore in 2029-30 before reaching Rs 4 lakh crore in 2030-31.
NCDC’s annual disbursements have increased nearly fivefold, from Rs 24,733 crore in 2020-21 to Rs 1,27,596 crore in 2025-26. During the latest financial year, it sanctioned projects worth Rs 1,55,408 crore and earned a net profit of Rs 1,475 crore. Its loan recovery rate stood at 99.84 per cent, with zero net Non-Performing Assets.
Shah stressed that NCDC must enhance its financial capacity to meet the growing requirements of dairy, fisheries, cooperative banking and other sectors. He suggested consortium and co-financing arrangements with NABARD, State Cooperative Banks and commercial banks to expand lending and reduce funding constraints.
