#1
January 9th, 2018, 11:53 AM
| |||
| |||
National Cooperative Development Corporation (NCDC)
I am doing MBA in Finance degree and making report on the topic National Cooperative Development Corporation (NCDC). Will you provide basic details along with activities funded by National Cooperative Development Corporation (NCDC) also provide their contact details?
|
#2
January 9th, 2018, 11:54 AM
| |||
| |||
Re: National Cooperative Development Corporation (NCDC)
National Cooperative Development Corporation National Cooperative Development Corporation was established by an Act of Parliament in 1963 as a statutory Corporation under Ministry of Agriculture & Farmers Welfare. Activities Funded by NCDC a) Marketing • Margin Money assistance to Marketing Federations • Strengthening share capital base of primary / district marketing societies • Marketing (Fruit & Vegetable) • Working Capital Finance b) Processing • Setting up of new Sugar factories (Investment Loan) / Modernisation and Expansion/ Diversification of existing Sugar Factories (Investment loan + term loan) • Margin Money assistance to cooperative Spinning Mills / State Cooperative Cotton Federations / Share Capital participation in New Spinning Mills / Modernisation/ Expansion of Spinning Mills / Modernisation of Existing and Establishment of Modern Ginning & Pressing Units / Rehabilitation of Sick Spinning Mills / Cotton Development Programmes • Other Processing Units: Food Grains / Oilseeds / Plantation Crops / Cotton Ginning and Pressing / Fruit & Vegetable / Maize Starch / Particle Board, etc. • Power Loom Cooperatives covering pre and post loom facilities Sources of Funds Internal accruals, market borrowings and allocations from Government of India including International assistance. Purposes for which assistance is provided • Margin money to raise working capital finance (100% loan) • Strengthening of share capital base of societies (100% loan) • Working capital to regional/state level marketing federations (100% loan). • Term loan for creation of infrastructural facilities like godowns, cold storages, equipment financing, purchase of transport vehicles, boats and other tangible assets • Term and investment loan for establishment of new, modernisation/ expansion/rehabilitation/diversification of agro-processing industries. • Subsidy for preparation of project reports/feasibility studies etc. Contact: NCDC KHB Complex,(3rd floor) N.G.V Koramangala Bangalore - 47 Phone: 080 2570 2112 |
|