NCDC boost for Arunachal cooperatives

NCDC will soon expedite implementation of integrated cooperative development project (part II) for Arunachal.

PTI | June 16, 2011



The national cooperative development corporation (NCDC) will soon expedite implementation of integrated cooperative development project (Part-II) for Arunachal Pradesh and will release subsidies and remaining installments of the ongoing projects.

NCDC managing director Govindan Nair during a meeting with state parliamentary secretary for cooperation Nido Pavitra on Tuesday assured to consider proposals under direct funding scheme against state government guarantee or normal scheme which would be recommended by the state government, official sources said here on Thursday.

Nair wished that the new government would carry forward the mission and vision of Dorjee Khandu in regard to developmental activities with special reference to cooperative movement which received momentum after a state level seminar held in September last year.

Pavitra underlined the potential and priority areas of Arunachal Pradesh cooperative movement such as rural housing, tourism, surface transport, stone crushing activities, hospital & hospitality, micro finance, tea, piggery, poultry, dairy, micro hydel, banking and working capital for Apex Bank at lower rate of interest, sources added.

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