The National Cooperative Development Corporation (NCDC), the apex financial institution for cooperatives under the Ministry of Cooperation, has posted its highest-ever financial performance in the financial year 2024-25.
The corporation sanctioned assistance worth Rs 1,30,377.60 crore and disbursed Rs 95,175.71 crore to cooperative institutions across sectors such as agriculture, dairy, fisheries, processing, marketing, housing, and services.
This support directly benefited 2,76,760 cooperative societies and 1.27 crore cooperative members, reflecting NCDC’s expanding footprint in rural and semi-urban economies. Officials say the assistance spans over 20 states and Union Territories, including major initiatives in states like Maharashtra, Gujarat, Karnataka, Uttar Pradesh, and Tamil Nadu.
The corporation’s model of working with state federations, district-level cooperatives and Primary Agricultural Credit Societies (PACS) has enabled focused interventions at the grassroots.
Financial robustness underpins this outreach. NCDC has maintained a spotless record of profitability since its inception in 1963, and FY 2024-25 continues that trend. The corporation reported zero net non-performing assets (NPAs) and recorded an exceptionally high loan recovery rate of 99.75%. With a net profit of around Rs 750 crore, it continues to be counted among the most efficiently run public financial institutions.
Cumulative disbursements up to March 31, 2025, now stand at Rs 4,08,376.68 crore. The growth trajectory over the past decade is particularly striking: disbursements jumped from Rs 7,118 crore in 2015-16 to Rs 95,175.71 crore in 2024-25, reflecting a compounded annual growth rate of roughly 33%. The jump of 57% in financial assistance over the previous fiscal year further signals heightened demand for cooperative financing in critical sectors.
NCDC has been closely aligned with flagship government programmes such as the formation of 10,000 Farmer Producer Organizations (FPOs), computerisation and strengthening of PACS, promotion of cooperative startups, and credit support for fisheries under the Pradhan Mantri Matsya Sampada Yojana. The corporation has also been lending to women-centric cooperatives, tribal collectives, dairy unions under the Anand pattern, and marketing cooperatives involved in exports.
Looking ahead, the corporation has set a target of Rs 80,000 crore in fresh disbursements for FY 2025-26. Officials indicate that after a landmark year of expansion, the focus is shifting to quality credit, sustainability, digital monitoring and capacity building of borrowing institutions. Renewable energy projects, food processing clusters, agri-logistics, and climate-resilient infrastructure for cooperatives are expected to receive priority funding.
With the government’s push for “Sahakar se Samriddhi” and its plans to expand the cooperative footprint in sectors like healthcare, tourism, transport and services, NCDC’s role as financier, advisor and capacity-builder is expected to grow even further in the coming years.
