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PARLIAMENT CLEARS NCDC AMENDMENT BILL: DIRECT CENTRAL FUNDING OPENS FOR CO-OPERATIVES

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PARLIAMENT CLEARS NCDC AMENDMENT BILL: DIRECT CENTRAL FUNDING OPENS FOR CO-OPERATIVES

2 min read · Quick Read · HPT National Desk | New Delhi/Mumbai | 15 August 2026

What this means for you: Once notified, self-redeveloping societies could borrow directly from NCDC instead of relying only on district co-operative banks or private financiers -- a first-of-its-kind national funding route for the 10x-land-value borrowing headroom Maharashtra's own MCS Rules 2026 already allow.

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