Amit Shah takes the charge, holds first ministerial meeting
Opposition cries foul; Dabas says he would lead to end Gunda Raj
Amit Shah, whose additional charge of the cooperation ministry has energized the sector, held his first meeting with the officials of the ministry on Friday.
Besides the newly appointed MoS B L Verma, several senior officials including Sanjay Aggrwal took part in the meeting and briefed Shah about various activities undertaken by the Ministry.
NCDC Managing Director Sundeep Nayak was also part of the meeting.
Shah has an old connection with the cooperative movement since his early political days in Gujarat. He is credited with turning around the loss-making Ahmadabad DCCB in 3 years as one of its youngest Chairmen.
Amit Shah takes the charge, holds first ministerial meeting
Opposition cries foul; Dabas says he would lead to end Gunda Raj
Amit Shah, whose additional charge of the cooperation ministry has energized the sector, held his first meeting with the officials of the ministry on Friday.
Besides the newly appointed MoS B L Verma, several senior officials including Sanjay Aggrwal took part in the meeting and briefed Shah about various activities undertaken by the Ministry.
NCDC Managing Director Sundeep Nayak was also part of the meeting.
Shah has an old connection with the cooperative movement since his early political days in Gujarat. He is credited with turning around the loss-making Ahmadabad DCCB in 3 years as one of its youngest Chairmen.
Health Ministry ropes in NCDC for Covid Care infrastructure
Regional offices of NCDC to act as nodal agencies for financial assistance
After the Union Agriculture Ministry, it is the turn of Union Health Ministry to look up to the cooperative lender NCDC to boost healthcare infrastructure across the states in the wake of Covid 19 upsurge.
A high-level meeting of Union Health Minister Rajesh Bhushan and Empowered Group has sought help from the co-operative lender National Cooperative Development Corporation (NCDC) for firming up healthcare infrastructure.
Talking to Indian Cooperative, NCDC Managing Director Sundeep Nayak explained “Under the Ayushman Sahakar NCDC stands committed to lend Rs 10,000 crore to co-operatives either to set up new healthcare facilities or to upgrade the existing ones.”
Amid Covid Surge, NCDC To Lend Rs 10,000 Crore To Cooperatives To Upgrade Healthcare Infrastructure
Regional NCDC offices will act as a nodal point for cooperatives to plan and set up new hospitals or upgrade existing infrastructure, NCDC Managing Director Sundeep Nayak said
NCDC Managing Director Sundeep Nayak Outlook Web Bureau 2021-04-26T21:32:01+05:30 Amid Covid Surge, NCDC To Lend Rs 10,000 Crore To Cooperatives To Upgrade Healthcare Infrastructure outlookindia.com 2021-04-26T21:36:08+05:30
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This development follows a high-level meeting between Union health secretary Rajesh Bhushan and the Empowered Group.
Responding to the developments, NCDC Managing Director Sundeep Nayak said, “Under the Ayushman Sahakar scheme, NCDC stands committed to lend Rs 10,000 crore to co-operatives either to set up new healthcare facilities or to upgrade the existing ones.”
Deutsche Bank to lend ₹600 crore to NCDC
April 12, 2021
Funds will be used mainly to support NCDC’s activities - AP×
Funds to be used mainly to support NCDC’s activities around Farmer Producer Organisations
Leading German lender Deutsche Bank AG will lend €68.87 million (nearly ₹600 crore) to the National Cooperative Development Corporation (NCDC), a development finance statutory institution under the Ministry of Agriculture and Farmers’ Welfare, for financing farmer co-operative initiatives in the country.
The loan agreement between Deutsche Bank and NCDC is expected to be signed on Tuesday in presence of Agriculture Minister Narendra Singh Tomar and other dignitaries.
“It is for the first time a German bank is coming forward to lend us ₹600 crore, which may seem less as compared to the ₹3,000 crore exposure we have to Sumitomo Mitsubishi Bank of Japan.