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NCDC Grant-in-Aid Scheme: ₹2,000 Crore Cabinet Approval

1 August 20251 min read
GOVERNMENT SCHEMESNCDC Grant-in-AidScheme: ₹2,000Crore CabinetApproval1 August 2025safalsetu.com

Why in the news

The Cabinet cleared a scheme that funds NCDC so it can lend more to cooperative societies.

Key facts

  • Outlay ₹2,000 crore, i.e. ₹500 crore a year over four years.
  • Loans for new projects, expansion, modernisation, technology upgrades and working capital.

Expected benefits

  • Profitable cooperatives with better liquidity and infrastructure.
  • Less socio-economic disparity and more women’s participation.

About NCDC

  • Headquarters: New Delhi; promotes production, processing, marketing and storage of farm produce on cooperative principles.

Exam angle

  • Type: Central Sector Scheme; market borrowing target ₹20,000 crore.

Test yourself

1. What is the total outlay of the Grant-in-Aid to NCDC scheme approved by the Cabinet?

The scheme has ₹2,000 crore over four years.

2. How much money is NCDC expected to mobilise from open markets under the Grant-in-Aid to NCDC scheme?

The grant helps NCDC raise ₹20,000 crore.

3. NCDC, the agency implementing the Grant-in-Aid scheme, functions under which ministry?

NCDC's administrative ministry is the Ministry of Cooperation.

This topic is part of Daily Current Affairs 1 August 2025 (16 topics).

All topics of the dayDay quizAugust 2025

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