On July 31, 2025, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved a ₹2,000 crore grant-in-aid to the National Cooperative Development Corporation (NCDC) under a Central Sector Scheme.
The grant will be disbursed over four years (FY 2025–26 to FY 2028–29) at ₹500 crore annually.
This financial support will empower NCDC to mobilize ₹20,000 crore from the open market, which will be extended as loans to cooperative societies.
