Central Home and Cooperative Minister Amit Shah chaired the National Cooperative Development Corporation’s 93rd General Council meeting today at the corporation’s headquarters in New Delhi.
The meeting reviewed NCDC’s financial and institutional achievements, expansion of financing in the cooperative sector, development of new multi‑state cooperative institutions, strengthening of rural livelihoods and the corporation’s future work plan.
Achievements of the past five years
Amit Shah praised NCDC’s remarkable progress over the past five years. He said this period could be called the corporation’s “golden era.”
According to sources, since the formation of the Cooperative Ministry, NCDC has distributed more than ₹4.14 lakh crore in financial assistance. In the fiscal year 2025‑26, the corporation disbursed over ₹1.27 lakh crore and earned a net profit of ₹1,475 crore.
Future direction
Amit Shah instructed the preparation of a comprehensive roadmap for NCDC’s next 25 years. He said a group of experienced representatives and professional experts in the cooperative sector should be formed.
He also said it is essential to professionalise administration in the cooperative sector and keep it based on cooperative principles.
Special focus on the Northeast
The meeting emphasised preparing special projects through the cooperative sector to make the Northeast self‑sufficient in milk, eggs, fish and meat production.
Amit Shah directed that NCDC’s offices in the Northeast prepare practical projects focused on these four areas and provide necessary financing.