Summary
In the past five years, the amount of money given each year grew about five times.
The corporation also started new projects that cover many states and even remote areas.
Special plans are being made to keep helping for the next 25 years.
Key Points
4 points1
Total money shared since the program began: about 4.14 lakh crore rupees.
2
Money given out in the most recent year: about 1.27 lakh crore rupees.
3
Loan repayment success was 99.84%, almost all money was paid back.
4
Future targets aim for over 2 lakh crore rupees each year.
New Words to Learn
6 wordsNational Cooperative Development Corporation
a government organization that gives money to groups that work together
financial year
the 12‑month period the government uses for its accounts
profit
money left after paying all costs
loan
money that is borrowed and has to be paid back
self‑reliance
being able to take care of yourself without needing help
grant assistance
free money given to start or grow a project
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