Meeting of- National Co-operative Development Corporation

National Co-operative Development Corporation The 25th meeting of the National Co-operative Development Corporation was held at New Delhi on March 5, 1974. Presiding over the meeting, Corporation's Chairman and Union Minister of Agriculture, Shri Fakhruddin Ali Ahmed disclosed that the Corporation had rendered financial assistance to the cooperatives, engaged in marketing, processing and storage of agricultural produce and supplying farm inputs to the farmers, to the tune of Rs. 16.35 crores during 1972-73. Of the total assistance, Rs, 13,02 crores were provided under various Central Plan Schemes implemented by the Corporation as under; Besides, the Corporation provided financial assistance amounting to Rs 2.78 crores under various schemes sponsored by it from out of its own resources, such as, establishment of granular fertiliser units, agro-service, centres, units for .formulation of pesticides/ insecticides and soil testing laboratories. The assistance was provided in the form of loans and grants to State Governments/Apex Co-operative Banks and share capital and grants to the national level co-operative federations.