In a significant move, the Rajya Sabha has approved the National Co-operative Development Corporation Amendment Bill, enabling the NCDC to provide direct funding to cooperative societies and related entities. After navigating through opposition-driven protests, the bill was earlier passed by the Lok Sabha. Established in 1963, the NCDC aims to bolster agricultural produce along with other key commodities, and this amendment enhances its financial support capabilities for cooperatives.

A bill was introduced in the Lok Sabha to expand the NCDC's lending powers. This amendment will allow direct loans and grants to cooperative societies. It aims to streamline…

The Lok Sabha on Tuesday passed the National Co-operative Development Corporation (Amendment) Bill, 2026 without a debate amid continued protest by the Opposition parties seeking…