What happened: cooperative agriculture support expanded for hilly States via NCDC, BBSSL, NCEL and NCOL
The Ministry of Cooperation is providing assistance to promote cooperative agriculture, horticulture and marketing of allied products in hilly States, including Uttarakhand, through National Cooperative Development Corporation (NCDC) (a statutory corporation under the Ministry of Cooperation). The Ministry also announced expansion of cooperative seed supply and market access through Bhartiya Beej Sahkari Samiti Limited (BBSSL), National Cooperative Exports Limited (NCEL) and National Cooperative Organics Limited (NCOL).
NCDC support: disbursals and new offices in hilly/remote areas
NCDC financial assistance covers hilly States and Union Territories for the five-year period 2021-22 to 2025-26, with the Ministry reporting the following totals for hilly States/UTs:
Uttarakhand NCDC disbursals: Rs 287.95 crore.Total NCDC disbursals across the listed hilly States/UTs: Rs 422.95 crore.
To improve service delivery and market support in difficult terrain, the Ministry is establishing new NCDC offices in hilly and remote areas. The Ministry listed new NCDC office locations as:
Related current affairs
- Status of enrollment of cooperative societies in NCEL, NCOL and BBSSL; export, dividend, and brand promotion details
- Rajasthan CM launches ‘Bharat Taxi’ cooperative mobility service in Jaipur
- Food Corporation of India storage under ‘world’s largest grain storage scheme’ in Punjab pending godown construction
- Cooperative societies and PACS computerisation in Maharashtra (NCD updates; Central Sector project expansion)
- White Revolution 2.0: Government to expand dairy cooperative coverage to uncovered villages by 2028-29
- Expansion plan for new multipurpose/dairy/fisheries cooperatives covering all Panchayats: Targets and Margdarshika/SOP