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Wednesday, 14 January 2015

Cooperative sector



·                       The Cooperative Sector has been playing a Significant role in the area  of disbursing agricultural credit, providing market support to farmers, distribution of agricultural inputs and imparting cooperative education and training. 


·         National policy on Cooperatives 

The objects of the National Policy is to facilitate all round development of the Cooperatives in the country and to work as a guide for action of the State in Cooperative. 

         The National Cooperative Development Corporation (NCDC) Amendment Act ,2002
NCDC Act, 1962 has been amended vide NCDC (Amendment ) Act , 2002 expanding the mandate of NCDC to include foodstuff , industrial goods ,livestock and services in the programmes and activities  in addition to the  existing programmes. 

        NCDC will be able to provide loan directly to the Cooperative without State/ Central Government guarantee on furnishing of security.

        Cooperative storage and Cold Storage: DAC through NCDC, has been Making systematic and sustained efforts to assist cooperatives in creating additional storage capacity aimed at facilitating expanded operations of cooperative marketing of agricultural produce, distribution of inputs and sale of consumer articles. 

        Cold Storage: DAC through NCDC has been providing financial assistance through State Government and also directly to cooperative societies for, establishing of Cold Storage aimed at facilitating expending shelf life of potatoes and other fruits and vegetables.

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