New Delhi: Union Home and Cooperation Minister Amit Shah has called on the National Cooperative Development Corporation (NCDC) to prepare an ambitious and comprehensive roadmap for the next 25 years, focusing on institutional reforms, financial autonomy and professional management.
Addressing the Corporation’s 93rd General Council meeting in New Delhi, Shah acknowledged NCDC’s progress in financial performance, loan disbursements and geographical expansion. He noted that the Corporation has extended its presence to all States and Union Territories, including remote regions such as Ladakh and smaller northeastern States.
However, he cautioned that these achievements should not lead to complacency, stressing the need for the organisation to prepare for the changing requirements of the cooperative sector.
Shah emphasised that NCDC should undertake a comprehensive review of its organisational structure and functioning. He called for exploring alternative sources of capital, strengthening professional management and developing stronger partnerships with cooperative institutions.
To examine these areas, he proposed constituting a dedicated group comprising experienced cooperators and professional experts. He also suggested organising a workshop and convening a special meeting of the General Council to deliberate on the proposed reforms in detail.
Highlighting the importance of financial independence, Shah called for developing sustainable financial and organisational models that would reduce NCDC’s excessive dependence on government assistance and government banks.
He stressed that the Corporation should explore ways to mobilise resources independently and strengthen its capacity to meet the growing financial and developmental needs of cooperative institutions across the country.
Shah underlined that supporting the development of the cooperative sector remains a central responsibility of NCDC. At the same time, he said ensuring the Corporation’s own institutional growth, financial strength and long-term sustainability must become a collective priority for all General Council members.
The proposed 25-year roadmap is expected to provide a long-term direction for NCDC, enabling it to strengthen its institutional capabilities and play a greater role in financing and supporting India's cooperative movement.