Ministry of Cooperation
azadi ka amrit mahotsav

Funds For Cooperative Sugar Mills By NCDC

Posted On: 11 MAR 2025 5:50PM by PIB Delhi

To increase the flow of funds to Cooperative Sugar Mills, Ministry of Cooperation is implementing a scheme namely ‘Grant in Aid to NCDC for Strengthening of Cooperative Sugar Mills (CSMs)’. Under the scheme, grant of ₹ 1,000 crore has been provided to NCDC during FY 2022-23 and 2024-25. NCDC will leverage this grant to borrow funds from the market to provide financial assistance to CSMs upto ₹ 10,000 crore for meeting their requirement for setting up ethanol plant, cogeneration plant and working capital. Under the scheme, NCDC has so far sanctioned 87 loans of ₹ 9,893.12 crore to 48 CSMs.

The details of financial assistance disbursed to sugar cooperatives by the NCDC in the last three years are as under:

SI.No

Financial Year

Amount (₹ in crore)

1

2021-22

1241.61

2

2022-23

693.79

3

2023-24

2176.31

4

2024-25 (upto 06.03.2025)

5333.13

This was stated by the Minister of Cooperation, Shri Amit Shah, in a written reply to a question in the Lok Sabha.

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