Union Minister of State for Cooperation Murlidhar Mohol introduced the National Co-operative Development Corporation (Amendment) Bill, 2026 in the Lok Sabha on Monday. One of the key changes proposed is to expand NCDC’s mandate from planning, promoting and financing programmes “through co-operative societies” to planning, promoting and financing programmes “for co-operative development.” The Bill also proposes to empower NCDC to provide loans and grants directly to co-operative societies or any entity engaged in co-operative development, provided the funds are ultimately used for co-operative societies. The NCDC Board would determine which entities qualify as being engaged in co-operative development. Since many such entities are not registered as co-operative societies, NCDC is currently unable to finance them directly, often requiring proposals to be routed through State Governments or co-operative societies.