TNAU Agritech Portal :: Banking & Credit

Banking & Credit :: NATIONAL COOPERATIVE DEVELOPMENT CORPORATION (NCDC)

List of successful / good working NCDC assisted Cooperative Institutions are given below:

Name of the Project / Society	Purpose	Amount (Rs. In lakh)
1. ICDP a.Thiruchirappalli district b. Thiruvarur district	Assistance provided for creation of infrastructure facilities/ margin money to PACBs, FSCs, LAMPs, APCMSs, Wholesale stores, Handlooms & DCC Banks. Assistance provided for creation of infrastructure facilities / margin money to PACBs, FSCs, APCMSs, Wholesale stores, Handlooms and DCC Banks.	1109.838 1119.760
2. SUGAR MILLS a. Cheyyar Coop. Sugar Mills Ltd., Anakkavoor – Thenthandalam, Tiruvannamalai District. b. Kallakurichi-II Coop. Sugar Mills Ltd., Kachirayapalayam, Villupuram district.	Share capital participation Co-generation Power Plant Construction of godown Working capital Share capital participation Construction of godown Working capital	472.55 406.30 53.97 3189.00 663.00 52.05 2657.00
3. HANDLOOMS & TEXTILES- Tamil Nadu Coop. Textiles Processing Mills Ltd., Erode.	Modernization and Expansion Construction of godown	223.30 12.68
4. SERICULTURE - Tamil Nadu Cooperative Silk Producers’ Federation Ltd (TANSILK), Kancheepuram.	Margin Money T&P Cell	132.00 5.72
5. Salem Starch and Sago Manufacturers Service Indl. Coop. Society Ltd. (SAGOSERVE), Salem.	Construction of 9 godowns with a capacity of 27000 MTs.	299.48
6. Tamil Nadu Coop. Milk Producers’ Federation Ltd. (AAVIN), Chennai.	For expansion and conversion of the existing Freon Refrigeration System into Ammonia Refrigeration System at Ambattur Dairy.	74.90
7. TEA FACTORIES - Salisbury Indl. Coop. Tea Factory, Nilgiris.	Establishment and Modernization	70.73

Thrust areas:

Based on the interactions and Policy issues framed by the State Govt., the following are the ‘Thrust areas/Potential areas for funding by NCDC in Tamil Nadu:
ICDP (State Govt. is contemplating to cover all the remaining districts in the state in the next 2 years);
Establishment of 2 Ethanol units by Cheyyar and MRK Coop. Sugar Mills and establishment of Co-generation Power Plants by 15 Coop. Sugar Mills;
Modernization & Rehabilitation of 5 functional Coop. Spinning Mills in the State/ Working capital assistance to COOPTEX & Primary Handloom Weavers Coop. Societies;
Working capital assistance to State Apex Cooperative Bank to meet the requirements of negative net worth coop. Sugar Mills in the State/ Jewel loan operations;
Establishment of tea factory/rejuvenation of tea plants for the benefit of members of coop. Tea factories in Nilgiris district. Creation of infrastructure facilities by Apex Dairy Federation (AAVIN) / District Milk Unions/ Primary Milk Producers Coop. Societies.

Address

National Cooperative Development Corporation,
Module No. 34 & 35, Garment Complex, 2nd Floor,
Industrial Estate, Guindy, Chennai - 600032
Ph. : 044-22500034, 22500824
Fax: 044-22500034
E-mail: RO.Chennai@ncdc.in

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