NCDC III

closed

The Third National Cooperative Development Corporation (NCDC) Project is designed to support the development of the Indian cooperative movement by strengthening the capabilities of the National Cooperative Development Corporation. The project will accomplish this through expanding the scope of its activities and extending its involvement into new areas in nine participating States. The project provides credit for a rural storage component, involving the construction of about 7,800 rural godowns in six States; a soybean production and processing component, involving the establishment of 800 Oilseed Growers' Cooperative Societies, together with soybean seed processing plants and solvent oil extraction plants in six States. The project also includes a cotton processing component, involving the establishment of eleven cotton ginneries and five spinning mills in five States. Furthermore, the venture provides an institution building component, involving the establishment of Staff Training Institutes in six States, and development of a training program for staff of the rural godowns, processing plants, and cooperative agencies.