NCDC at vanguard of developing robust co-operative infrastructure
The Government of India, through the National Cooperative Development Corporation (NCDC), has been actively disbursing financial assistance to various states and Union Territories from 2021-22 to 2023-24, with a total of Rs 1,35,870.95 crore distributed in loans and grants.
In the financial year 2021-22, the total disbursement stood at Rs 34,221.08 crore. Andhra Pradesh received Rs 2,831.59 crore, Bihar got Rs 2,857.90 crore, and Haryana was allocated Rs 12,827.75 crore. Chhattisgarh topped the list with Rs 12,400.87 crore. Notably, smaller allocations were made to states like Arunachal Pradesh, which received Rs 0.25 crore, and Mizoram, which received Rs 1.06 crore.
The disbursement increased significantly in 2022-23, reaching Rs 41,031.40 crore. Andhra Pradesh continued to be a major beneficiary with Rs 9,734.70 crore, followed by Haryana with Rs 6,655.24 crore, and Chhattisgarh with ?8,502.23 crore.
Other states like Kerala and Karnataka saw considerable support, receiving Rs 704.74 crore and Rs 112.54 crore, respectively. Conversely, states like Chandigarh and Nagaland received minimal funding, highlighting their smaller cooperative sectors or existing infrastructure sufficiency.
The year 2023-24 saw a remarkable increase in total disbursement to Rs 60,618.47 crore. Chhattisgarh again received the highest allocation of Rs 18,991.35 crore. Andhra Pradesh was allocated Rs 13,280.13 crore, while Telangana received Rs 12,174.11 crore. Maharashtra also saw a substantial increase with Rs 2,101.42 crore, reflecting a robust push towards enhancing its cooperative infrastructure.
Uttar Pradesh saw a varied allocation over the years, receiving Rs 252.33 crore in 2021-22, Rs 350.24 crore in 2022-23, and a lower amount of Rs 13.04 crore in 2023-24, suggesting targeted investments at different stages. States like Gujarat and Tamil Nadu saw moderate increases, with Gujarat receiving Rs 586.99 crore and Tamil Nadu Rs 4.28 crore in 2023-24.
Some states received consistent but low funding across the years. Jammu & Kashmir received small grants each year, totaling Rs 0.71 crore in 2023-24.
Nagaland’s total disbursement over three years amounted to Rs 0.67 crore, and Puducherry received only ?0.06 crore in 2022-23. These figures suggest a smaller scale of cooperative societies or lesser needs for extensive financial support.
Significant allocations were made to Punjab and Rajasthan, with Punjab receiving a notable Rs 1,650.44 crore in 2023-24, and Rajasthan seeing a gradual increase from Rs 7.79 crore in 2021-22 to Rs 66.09 crore in 2023-24. Kerala received a total of Rs 275.89 crore in 2023-24, indicating ongoing support for its cooperative sector.
The Minister of Cooperation, Shri Amit Shah, provided these details in a written reply to a question in the Rajya Sabha. The distribution of funds highlights the government’s strategic focus on states with extensive cooperative networks, ensuring substantial support for the development of their cooperative sectors.
Conversely, states with fewer cooperative societies or existing infrastructure sufficiency received lower allocations, aligning with their specific requirements. The overall trend reflects a targeted approach to enhancing the cooperative movement across India, with substantial investments in key states to develop a robust digital and cooperative infrastructure.
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