NCDC secures Euro 68 mn loan from Deutsche Bank
National Cooperative Development Corporation (NCDC) has secured Euro 68.87 million (Rs 600 cr) loan from Deutsche Bank, Germany’s leading bank, for onward lending to cooperatives in India
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MoFPI, MTA, TRIFED, ICAR, NSFDC, NAFED and NCDC come together for implementing PM-FME scheme
The cooperation will define convergence mechanism in implementation of PM-FME (PM Formalization of Micro Food Processing Enterprises) scheme
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NCDC sanctions Rs 19,444 Cr for Kharif paddy procurement under MSP
The amount have been sanctioned to assist the states and state marketing federations in undertaking paddy procurement operations in a timely manner through their respective cooperative organisations
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10K Farmer producer organisations to create avenues for development: Agri Minister
FPOs will benefit small, marginal and smallholder farmers by giving access to technological inputs, finance, and better markets and prices for their crops
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NCDC to promote entrepreneurship in cooperatives
The scheme will be linked to Rs 1000 crore ‘Cooperative Start-up and Innovation Fund (CSIF). The funding for the project will be up to 80 percent of the project cost for these special categories such as women, SC, ST, PwD while 70 percent for others
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