The bill amends the National Co-operative Development Corporation Act, 1962, to broaden the Corporation’s mandate and enable it to extend loans and grants directly not only to cooperative societies but also to other organisations engaged in cooperative development, provided the funds are ultimately used for the benefit of cooperatives.
The bill amends the National Co-operative Development Corporation Act, 1962, to broaden the Corporation’s mandate and enable it to extend loans and grants directly not only to cooperative societies but also to other organisations engaged in cooperative development, provided the funds are ultimately used for the benefit of cooperatives.
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