The National Cooperative Development Corporation (NCDC) is a statutory body under the Ministry of Agriculture and Farmers Welfare, Government of India. It was established in 1963 with the objective of promoting and developing the cooperative movement in India.
The NCDC provides financial assistance, technical support, and training to cooperatives in various sectors such as agriculture, rural development, small industries, and housing. It also undertakes research and development activities in the cooperative sector.
The NCDC has played a significant role in the development of the cooperative movement in India. It has helped to increase the number of cooperatives, improve their performance, and expand their reach. The NCDC has also helped to promote the cooperative movement among the rural poor and women.
The NCDC has been recognized for its work in the cooperative sector. It has received several awards, including the Indira Gandhi National Award for Best Cooperative Institution in 2006.
The NCDC is committed to promoting and developing the cooperative movement in India. It will continue to provide financial assistance, technical support, and training to cooperatives in various sectors. It will also undertake research and development activities in the cooperative sector.
The NCDC is a valuable partner for the cooperative movement in India. It has helped to make the cooperative movement a success story in India.
Frequently Asked Questions
What is the National Cooperative Development Corporation (NCDC)?
The National Cooperative Development Corporation (NCDC) is a statutory body under the Ministry of Agriculture and Farmers Welfare, Government of India. It was established in 1963 with the objective of promoting and developing the cooperative movement in India.
What are the objectives of the NCDC?
The objectives of the NCDC are to:
- Promote and develop the cooperative movement in India.
- Provide financial assistance, technical support, and training to cooperatives.
- Undertake research and development activities in the cooperative sector.
What are the activities of the NCDC?
The NCDC provides financial assistance, technical support, and training to cooperatives in various sectors such as agriculture, rural development, small industries, and housing. It also undertakes research and development activities in the cooperative sector.
What are the achievements of the NCDC?
The NCDC has played a significant role in the development of the cooperative movement in India. It has helped to increase the number of cooperatives, improve their performance, and expand their reach. The NCDC has also helped to promote the cooperative movement among the rural poor and women.
What are the challenges faced by the NCDC?
The NCDC faces a number of challenges, including:
- Lack of awareness about the cooperative movement among the general public.
- Lack of government support for the cooperative movement.
- Competition from the private sector.
What are the future plans of the NCDC?
The NCDC plans to continue to promote and develop the cooperative movement in India. It will also focus on improving the performance of cooperatives and expanding their reach.
MCQs
- What is the NCDC?
The NCDC is the National Cooperative Development Corporation.
- When was the NCDC established?
The NCDC was established in 1963.
- What are the objectives of the NCDC?
The objectives of the NCDC are to promote and develop the cooperative movement in India.
- What are the activities of the NCDC?
The NCDC provides financial assistance, technical support, and training to cooperatives.
- What are the achievements of the NCDC?
The NCDC has played a significant role in the development of the cooperative movement in India.
- What are the challenges faced by the NCDC?
The NCDC faces a number of challenges, including lack of awareness about the cooperative movement among the general public, lack of government support for the cooperative movement, and competition from the private sector.
- What are the future plans of the NCDC?
The NCDC plans to continue to promote and develop the cooperative movement in India. It will also focus on improving the performance of cooperatives and expanding their reach.