Lok Sabha Question No. 231 (STARRED), answered on 2025-08-05
Subject: National Cooperative Development Corporation
Ministry: COOPERATION
Asked by: Dr. Manna Lal Rawat, Shri Balabhadra Majhi

## 231.

| Dr. Manna Lal Rawat:                                                                                                                                                                                                  |                                                                                                                                                                                                                       |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Will the Minister of COOPERATION ( सहकारिता मंत्री ) be pleased to state:                                                                                                                                             | Will the Minister of COOPERATION ( सहकारिता मंत्री ) be pleased to state:                                                                                                                                             |
| (a) the details of the new sector-specific schemes launched by the National Cooperative Development Corporation (NCDC) for cooperative societies in recent years;                                                     | (a) the details of the new sector-specific schemes launched by the National Cooperative Development Corporation (NCDC) for cooperative societies in recent years;                                                     |
| (b) whether the Government has approved the issuance of bonds by NCDC with sovereign guarantee to mobilize additional resources;                                                                                      | (b) whether the Government has approved the issuance of bonds by NCDC with sovereign guarantee to mobilize additional resources;                                                                                      |
| (c) if so, the terms and conditions attached thereto and the details of sectors proposed to be developed through the universal guarantee bonds by NCDC;                                                               | (c) if so, the terms and conditions attached thereto and the details of sectors proposed to be developed through the universal guarantee bonds by NCDC;                                                               |
| (d) the manner in which the proceeds are proposed to be utilized for long-term cooperative lending;                                                                                                                   | (d) the manner in which the proceeds are proposed to be utilized for long-term cooperative lending;                                                                                                                   |
| (e) whether NCDC is providing financial assistance for the procurement of deep sea trawlers and development of seafood processing infrastructure; and                                                                 | (e) whether NCDC is providing financial assistance for the procurement of deep sea trawlers and development of seafood processing infrastructure; and                                                                 |
| (f) if so, the details of such assistance sanctioned for projects in Maharashtra, Karnataka, Gujarat, Kerala including coastal areas of Palghar district and other States under the fisheries development initiative? | (f) if so, the details of such assistance sanctioned for projects in Maharashtra, Karnataka, Gujarat, Kerala including coastal areas of Palghar district and other States under the fisheries development initiative? |
| ANSWER                                                                                                                                                                                                                | ANSWER                                                                                                                                                                                                                |
| THE MINISTER OF COOPERATION सहकारिता मंत्री (SHRI AMIT SHAH)                                                                                                                                                          | THE MINISTER OF COOPERATION सहकारिता मंत्री (SHRI AMIT SHAH)                                                                                                                                                          |
| (a) to (f): A statement is laid on the Table of the House.                                                                                                                                                            | (a) to (f): A statement is laid on the Table of the House.                                                                                                                                                            |

## GOVERNMENT OF INDIA MINISTRY OF COOPERATION

## LOK SABHA STARRED QUESTION NO. 231 TO BE ANSWERED ON 05 th  AUGUST, 2025

## National Cooperative Development Corporation

## Shri Balabhadra Majhi: Dr. Manna Lal Rawat:

## STATEMENT REFERRED TO IN PRELY TO PARTS (a) TO (f) IN RESPECT OF LOK SABHA STARRED QUESTION NO. 231 FOR REPLY ON 05TH AUGUST, 2025 ASKED  BY  SHRI  BALABHADRA  MAJHI  AND  DR.  MANNA  LAL  RAWAT REGARDING 'NATIONAL COOPERATIVE DEVELOPMENT CORPORATION'

(a): National Cooperative Development Corporation (NCDC), a statutory organization under the Ministry of Cooperation, Government of India was established in 1963with the objectives to promote, strengthen and develop cooperatives for increasing production and productivity and instituting post harvest facilities. Corporation provides financial assistance to cooperatives for various activities and schemes of Government of India.

In  the  recent  years,  after  the  formation  of  Ministry  of  Cooperation  i.e.  6 th July,  2021, following two new schemes have been implemented by NCDC for cooperative Societies:

- i) Swayam Shakti Sahakar Yojna: Scheme for providing financial assistance to Agricultural Credit Cooperatives for providing loans/advances to Women Self Help Groups (SHGs).
2. ii)    Deerghavadhi  Krishak  Punji  Sahakar  Yojna:  Scheme  for  extending  long-term financial assistance to Agricultural Credit Cooperatives towards their onward lending of long-term loans / advances for activities / commodities / services under the purview of NCDC.

Details of above schemes are at Annexure-1.

(b) to (d): Ministry  of  Finance,  Deptt.  of  Economic  Affairs,  GOI  conveyed  approval  of Government Guarantee of Rs. 2000 crore to National Cooperative Development Corporation for the issuance of Bonds during 2023-24. However, due to non-viability, bonds could not be raised.

(e) to (f):  Yes Sir. Details of NCDC assistance for procurement of Deep-Sea Trawlers and Development Seafood Processing infrastructure are attached at Annexure-2.

## DETAILS OF SCHEMES LAUNCHED Y NCDC IN RECENT YEARS

## A. SWAYAM SHAKTI SAHAKAR YOJNA

Objectives: To provide financial assistance to Agricultural Credit Cooperatives for onward lending of working capital loan or term loans to Women Self Help Groups (SHGs) to facilitate

- (i) Access to affordable cost-effective reliable financial services to the poor.
- (ii) Women SHGs to access adequate bank credit to undertake common/collective socioeconomic activities.
- (iii) Promotion of sustainable livelihood.

Eligibility:

- a. Primary Agricultural Credit Cooperatives (PACS)
- b. District Central Cooperative Banks (DCCBS)
- c. State Cooperative Banks (StCBs)
- d. SHG Federated Cooperatives/Cooperative federations

Period of Loan: Upto 3 years with a maximum moratorium of 6 months in the repayment of principal amount. Credit Cooperatives may also avail working capital loan for 5 years on a revolving basis with yearly validation. The loan shall be repaid in half-yearly instalments.

Rate of Interest: As per the NCDC circular for interest rate as amended from time to time.

Pattern of Funding: Loan as per requirement of the Credit Cooperatives and as assessed by NCDC (as per credit cooperatives lending business turnover) for onward lending of short /medium term to women SHGs.

## B. DEERGHAVADHI KRISHAK PUNJI SAHAKAR YOJNA

Objectives:  For  extending  NCDC's  long  term  financial  assistance  to  Agricultural  Credit Cooperatives towards their onward lending of long term loans/advances for activities/commodities/services under the purview of NCDC in order to:-

- a. Ensure increased and uninterrupted credit flow to cooperatives and their members.
- b. Boost capital formation in agriculture and allied sector.
- c. Support non-farm sector activities thereby promoting alternate employment opportunities in rural and semi-urban areas.

Eligibility:

The following types of Agricultural Credit Cooperatives will be eligible for NCDC's loan under this scheme:

- a. Primary Agricultural Credit Cooperatives (PACS)
- b. District Central Cooperative Banks (DCCBs)
- c. State Cooperative Banks (StCBs)
- d. Primary Cooperative Agriculture & Rural Development Banks (PCARDS)
- e. State Cooperative Agriculture & Rural Development Banks (SCARDS)

Period of Loan: Up to 5 years without any moratorium in repayment of loan and payment of interest.

Rate of Interest: As per the NCDC circular for interest rate as amended from time to time.

Pattern of Funding: Loan as per requirement not exceeding 80% of the total requirement by the cooperative taking into account the other sources of finance such as NABARD, State Government, own funds, deposits, other financing institutions, etc.

## Annexure -2

## NCDC assistance for procurement of Deep-Sea Trawlers and Development Seafood Processing Infrastructure

## (Rs. in crore)

| S. No   | State       | Name of Beneficiary                                                                                                                                                                                                                                 | Activity                                                             | Sanction           | Sanction                | Release                |
|---------|-------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------|--------------------|-------------------------|------------------------|
| .       |             |                                                                                                                                                                                                                                                     |                                                                      | Total Project Cost | NCDC Term Loan Sanction | NCDC Term Loan Release |
| 1.      | Maharashtra | Department of Fisheries, Government of Maharashtra for Fisheries Co-operative Societies of Maharashtra                                                                                                                                              | Acquisition of 14 Deep-Sea Fishing Vessels                           | 20.30              | 11.55                   | 2.89                   |
| 2.      |             | Department of Fisheries, Government of Maharashtra for Rajmata Vikas Macchimaar Sah Sanstha, Sasoondock, Colaba, Mumbai                                                                                                                             | Setting up of Seafood Processing Unit                                | 46.74              | 37.39                   | 9.35                   |
| 3.      | Gujarat     | Shree Mahavir Machhimaar Sahakari Mandali Limited Port Area, Mangrol Bandar, District Junagadh, Gujarat                                                                                                                                             | Acquisition of 30 Deep-Sea Fishing Vessels for 30 members of Society | 36.00              | 18.00                   | 0.00                   |
| 4.      | Kerala      | Govt of Kerala for implementation of Integrated Fisheries Development Project 2022-23 to be implemented by the Kerala State Cooperative Federation for Fisheries Development Ltd. (MATSYAFED), through the primary fishermen cooperative societies. | for (IFDP) of Government of Kerala                                   | 36.33              | 32.69                   | 20.83                  |
| Total   | Total       | Total                                                                                                                                                                                                                                               | Total                                                                | 139.37             | 99.63                   | 33.07                  |

Note: No such financial assistance has been provided to coastal areas of Palghar District.

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