(Outlay: Rs. 100 lakh)
One of the important Schemes of the NCDC is “Integrated Cooperative Development Project (ICDP) Scheme” which was introduced in the year 1985-86 and aims at overall development of the project area via:
- Development of Primary Agricultural Credit Societies as multipurpose self-reliant entities;
- Development of viable functional linkages among cooperatives.
Under the scheme an area development approach is adopted for the development of cooperatives and a macro plan is prepared for the whole of the district keeping in view the local resources and needs. NCDC funds the ICD Projects through State Government. The project funding is under two heads (i) Loan and (ii) Subsidy. The loan is for creation of infrastructure facilities such as godowns, banking counter, transport vehicles, small processing units, etc. and strengthening of share capital / providing margin money for augmenting the business of the societies. Subsidy is provided for project implementation, manpower development and training, monitoring and incentives. Subsidy is limited to 30% of the total project cost. Subsidy in respect of cost of project implementation, manpower development, monitoring and incentive is shared between the NCDC and the state Government on 50:50 basis. The outlay is to meet the 50% share of subsidy component under the scheme. During 2019-20, Palakkad District Co-operative Bank, Thrissur District Co-operative Bank, and Idukki District co-operative bank will be assisted under this scheme. (View Rules) (View Guidelines)