Grant in Aid to NCDC:
The Ministry of Cooperation has provided a ₹1,000 crore grant to the National Cooperative Development Corporation (NCDC) to strengthen Cooperative Sugar Mills (CSMs). The grant aims to leverage ₹10,000 crore in financial assistance for ethanol plants, cogeneration units, and working capital support.A financial assistance initiative to support Cooperative Sugar Mills (CSMs) in improving productivity and sustainability. Funds provided to NCDC to enable borrowing from the market, ensuring a higher capital flow for sugar mills.Nodal Ministry : Ministry of Cooperation, Government of India.
