The National Cooperative Developement Corporation (NCDC), a statutory corporation under Union Ministry of Agriculture is to take up programmes worth Rs 3,300 crore during the year 2009-10. The money was approved at the NCDC’s General Council meeting, which was held on 22 July. For the 11th Plan Period, a programme with an outlay of Rs 19,640 crore has been chalked out by NCDC for various cooperative development programmes in the country.

According to NCDC’s release, the council, chaired by Sharad Pawar, Union Minister for Agriculture, Consumer Affairs, Food and Public Distribution, has proposed marketing and inputs programme with an outlay of Rs 1,025 crore (31 per cent of the total outlay), agro procession cooperatives outlay is Rs 1,000 crore (30 per cent) and industrial, credit and service cooperative is Rs 835 crore (25 per cent).

Also Read   Related Stories News Now - Govt plans to double vegetables, fruits production by 2011-12 - Rice crop may be hit due to weak monsoon: Pawar - Punjab to launch IPM technology in basmati growing area - Nitish asks Centre's help to develop Bihar as ethanol hub - WB sanctions Rs 1852 cr for TN - Govt studying effects of climate change on crops

Also Read   Related Stories News Now - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr More

Outlay for Integrated Cooperative Development Projects (ICDP) will be Rs 165 crore. Storage, consumer cooperatives, computerisation of cooperative societies and promotional activities will account for a balance two per cent of the outlay.

NCDC, in 2008-09, released Rs 3,586.91 crore, which is 119.56 per cent of the approved outlay. Further net NPAs have been reduced to 0.006 per cent of the outstanding loans and recovery was 99.7 per cent, according to NCDC release.

NCDC has been planning, promoting and financial programmes of agricultural inputs, processing, storage, marketing of agricultural produce and certain other notified commodities on cooperative principles and also equipping cooperatives with facilities to promote income generating activites like poultry, dairy, fisheries, sericulture, handlooms across the country.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr

Tags : National Cooperative Developement Corp | agriculture | Sharad Pawar   Read Business news in  Advertisements -  India's no. 1 Property Site. Click here to know more -  Journey on, We are by Your Side. Click here to know more -  Help a Child Achieve her. Click to know more -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  The Best Seller is Also the No. 1 in Mileage. Click here -  Watch The Film Here. Click here to know more.. -  Leader in Passenger Car & Automobile Tyres. Click here -  Learn How One City is Running on FOOD SCRAPS. -  1 billion in saving for Unilever without any tangles. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  36 Lakhs can get you a pool of Luxuries. Click here -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More -  2 Lac Apartments, 1 Lac House / Plots. Click here