# Parliament passes NCDC Amendment Bill to widen funding

2026-08-13T00:41:57+00:00 | Governance | Indian Opinion Desk

Corroboration: 2 independent outlets

The Rajya Sabha passed the National Co-operative Development Corporation (Amendment) Bill, 2026 by voice vote on Wednesday, a day after the Lok Sabha approved it amid opposition protests. The bill allows NCDC to give loans and grants directly to any entity engaged in cooperative development, not just cooperative societies, and to acquire equity in such entities with government approval. Minister of State for Cooperation Murlidhar Mohol said the bill needs no additional budget outlay. The changes also expand the definition of 'foodstuffs', remove geographical limits on financing industrial goods, and let NCDC share credit information with banks. Opposition parties walked out in both Houses, with the Lok Sabha protest linked to a separate police action against students on July 20.

## Coverage

- thehindubusinessline.com <https://www.thehindubusinessline.com/economy/agri-business/ncdc-amendment-bill-passed-in-lok-sabha-amid-din/article71333053.ece>
- hindustantimes.com <https://www.hindustantimes.com/india-news/ncdcbill-passed-in-upper-house-amid-opposition-walkout-101786562620188.html>

Tags: Cooperative sector, Lok Sabha, Murlidhar Mohol, NCDC Amendment Bill, Parliament protest
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