National Cooperative Development Corporation (NCDC)

Category:

Government
Government Entity

Focus:

Economic
Governance

Location:

Andhra Pradesh
Assam
Bihar
Chhattisgarh
Delhi National Capital Territory
Gujarat
Himachal Pradesh
Jharkhand
Karnataka
Kerala
Madhya Pradesh
Maharashtra
National
Odisha
Rajasthan
Tamil Nadu
Telangana
Uttar Pradesh
Uttarakhand
West Bengal

Organization Description:

The National Cooperative Development Corporation (NCDC) is a statutory corporation under India’s Ministry of Cooperation, established to plan and promote cooperative societies across agriculture, fisheries, processing, marketing, storage, and allied rural activities. NCDC provides loans, grants, and technical assistance to cooperative societies and state governments, and acts as a nodal loaning entity under FIDF, channeling concessional finance to fisheries cooperatives. It has supported fisheries cooperatives, financing fishing vessels, ice plants, cold storage facilities, hatcheries, and processing infrastructure.

Role in Indian Shrimp Aquaculture: NCDC is a key concessional financing institution for cooperative-based fisheries and aquaculture development in India. As a nodal loaning entity under FIDF, it channels loans with interest subvention up to 3% p.a. (up to 80% of project cost, 12-year repayment) to eligible fisheries cooperatives, including aquaculture societies. For programs seeking to finance, formalize, or develop cooperative-model shrimp farmer clusters in Andhra Pradesh, NCDC's regional directorates and cooperative financing mechanisms are important institutional resources.

Contact: mail@ncdc.in

Website: www.ncdc.in