INTERVIEW WITH MR SUNDEEP KUMAR NAYAK, MANAGING DIRECTOR,

NATIONAL COOPERATIVE DEVELOPMENT CORPORATION

In a wide-ranging interview, Mr Sundeep Kumar Nayak, Managing Director, NCDC, responds to questions from India Empire Magazine

Please provide an overview of the planning, promotional, coordination and financing roles played by the NCDC at the national level.

NCDC is a leading development financing institution exclusively for the cooperative sector in the country and provides assistance for economic development of agriculture and rural sector through cooperative societies. The focus of the Corporation is on planning, promoting and financing programmes of agricultural inputs, processing, storage and marketing of agriculture produce and supply of consumer goods in rural areas. In the non-farm sector, the Corporation’s endeavour is to equip cooperatives with facilities to promote income generating activities, with special focus on weaker sections such as handlooms, sericulture, poultry, fishery, scheduled caste and scheduled tribes cooperatives, etc. It also provides assistance for capacity building and upgradation of skills of personnel involved in the cooperatives.