Pariksha SaathiAmit Shah chairs 93rd meeting of NCDC's General Council; NCDC records net profit of ₹1,475 crore, loan recovery rate of 99.84 per cent and zero net NPA in FY 2025-26
The 93rd Meeting of the General Council of the National Cooperative Development Corporation (NCDC) was held on 29 October 2026 at the Corporation's headquarters in New Delhi under the chairmanship of Union Home Minister and Minister of Cooperation Amit Shah, the Ministry of Cooperation said. Shah said NCDC has delivered highly commendable performance over the past nearly five years and expressed particular satisfaction that it has established its presence in all States and Union Territories; he directed NCDC to prepare a comprehensive roadmap for the next 25 years and said a group of experienced representatives of the cooperative sector and professional experts should be constituted to examine its existing structure, alternative avenues for capital mobilisation, financial autonomy and organisational reforms. He said a target has been set to make the North-East self-reliant in the production of milk, eggs, fish and meat by 2030 and directed NCDC's offices in the North-East to prepare practical projects in these sectors, and suggested consortium and co-financing models with NABARD, State Cooperative Banks and commercial banks. Referring to disbursement targets of ₹1.70 lakh crore for FY 2026-27, ₹2.10 lakh crore for FY 2027-28 and ₹2.50 lakh crore for FY 2028-29, he called for even more ambitious targets for subsequent years. According to the financial details presented at the meeting, NCDC has cumulatively disbursed ₹4,14,586 crore to cooperative institutions from the establishment of the Ministry of Cooperation up to 25 October 2026. In FY 2025-26 it sanctioned projects worth ₹1,55,408 crore, disbursed ₹1,27,596 crore and earned a net profit of ₹1,475 crore, with a loan recovery rate of 99.84 per cent and zero net NPA; its annual disbursements increased from ₹24,733 crore in FY 2020-21 to ₹1,27,596 crore in FY 2025-26, an approximately fivefold increase. The meeting also discussed the significance of the National Cooperative Development Corporation (Amendment) Act, 2026, published in the Gazette of India on 14 August 2026; the Central Government has approved grant assistance of ₹2,000 crore for NCDC, enabling the Corporation to make arrangements to mobilise ₹20,000 crore from the market over four years. NCDC's 'Sahakar Navachar Yojana' provides 100 per cent grant assistance of up to ₹25 lakh to eligible cooperative institutions, with an initial corpus of ₹10 crore, 20 per cent of it earmarked for cooperative institutions in the North-Eastern Region, hilly areas and disadvantaged sections.
Drafted with AI assistance from the official PIB release linked above and checked against it by a second AI pass. Not line-edited by a human.
Learning context
On 31 July 2025 the Union Cabinet, chaired by Prime Minister Narendra Modi, approved the Central Sector Scheme 'Grant in aid to National Cooperative Development Corporation (NCDC)' with an outlay of Rs 2,000 crore for four years from 2025-26 to 2028-29 (Rs 500 crore each year from FY 2025-26), funded through budgetary support from the Government of India. On the basis of this grant, NCDC will be able to raise Rs 20,000 crore from the open market over four years, to be used for loans to cooperatives for setting up new projects or expanding plants and for meeting working capital requirements; NCDC is the executing agency for disbursement, follow-up, monitoring and recovery, and lends to cooperatives either through State Governments or directly. Approximately 2.9 crore members of 13,288 cooperative societies in sectors such as dairy, livestock, fisheries, sugar, textile, food processing, storage and cold storage, and labour and women-led cooperatives, are likely to benefit. The release said India has more than 8.25 lakh cooperatives with more than 29 crore members, and that 94 percent of farmers are associated with cooperatives in some form.
Check yourself: when did the Union Cabinet approve the grant-in-aid scheme for NCDC, and how much will the grant enable NCDC to raise from the open market over four years?
31 July 2025; Rs 20,000 crore.
Revision task: from this release, note the meeting's number, date, venue and chair, the roadmap period, the North-East target and its year, the disbursement targets, the cumulative disbursement, the FY 2025-26 sanctions, disbursement, net profit, recovery rate and net NPA, the Amendment Act's Gazette date and the Sahakar Navachar Yojana's grant, corpus and earmark; from the note, the Cabinet approval date, the scheme's outlay and period, the market borrowing it enables and the expected beneficiaries.
Test yourself
According to the Ministry of Cooperation, by which year has a target been set to make the North-East self-reliant in the production of milk, eggs, fish and meat?
Show the answer
Answer: 2030
At the 93rd Meeting of the General Council of NCDC in New Delhi on 29 October 2026, Union Home Minister and Minister of Cooperation Amit Shah said a target has been set to make the North-East self-reliant in the production of milk, eggs, fish and meat by 2030, and directed NCDC's offices in the North-East to prepare practical projects focused on these sectors, provide the necessary financing and implement them in collaboration with the respective State Governments. He said self-reliance in these four sectors could lead to an unprecedented increase in the region's income and generate employment opportunities.
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