THE NATIONAL CO OPERATIVE DEVELOPMENT CORPORATION AMENDMENT ACT 2026

jftLVªh lañ Mhñ ,yñ—¼,u½04@0007@2003—26 REGISTERED NO. DL—(N)04/0007/2003—26 सी.जी.-डी.xएxलx.G-अI.D-1H40x8x2x026-275473 CG-DL-E-14082026-275473 xxxGIDExxx vlk/kkj.k EXTRAORDINARY Hkkx II — [k.M 1 PART II — Section 1 izkf/kdkj ls izdkf'kr PUBLISHED BY AUTHORITY lañ 35] ubZ fnYyh] 'kqØokj] vxLr 14] 2026@Jko.k 23] 1948 ¼'kd½ No. 35] NEW DELHI, FRIDAY, AUGUST 14, 2026/SRAVANA 23, 1948 (Saka) bl Hkkx esa fHkUu i`"B la[;k nh tkrh gS ftlls fd ;g vyx ladyu ds :i esa j[kk tk ldsA Separate paging is given to this Part in order that it may be filed as a separate compilation.

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 14th August, 2026/Sravana 23, 1948 (Saka) The following Act of Parliament received the assent of the President on the Bill No. 156-F of 2026 14th August, 2026 and is hereby published for general information:— THE NATIONAL CO-OPERATIVE DEVELOPMENT THE NCAOTRIOPONRAALT CIOON-O (PAEMREANTIDVMEE DNETV) EALCOTP, M20E2N6T CORPORATION (AMENDMENT) BILL, 2026 No. 19 of 2026 (AS PASSED BY THE HOUSES OF PARLIAMENT) A [14th August, 2026.] An Act further to amend the BNIaLtLio nal Co-operative Development furtheCr toor pamoreantdio thne A Ncatt,i o1n9a6l 2C. o-operative Development Corporation Act, 1962.

BE it enacted by Parliament in the Seventy-seventh Year of the Republic of

India as follows:––

1. (1) This Act may be called the National Co-operative Development Short title and Corporation (Amendment) Act, 2026. commencement.

(2) It shall come into force on such date as the Central Government may, by

notification in the Official Gazette, appoint.

26 of 1962. 2. In the National Co-operative Development Corporation Act, 1962 Amendment of (hereinafter referred to as the principal Act), in section 2,–– section 2.

(a)clause (aba) shall be omitted;2 THE GAZETTE OF IND2I A EXTRAORDINARY [Part II—

(b)after clause (b), the following clause shall be inserted, namely:–– ‘(ba) “co-operative development” means planning, promoting and financing programmes, whether directly or through any intermediary entity, to co-operative societies;’;

(c)in clause (c), for the words and figures “the Multi-State Co-operative Societies Act, 1984 or under any other law with respect to co-operative 51 of 1984. societies for the time being in force in any State”, the words and figures “the Multi-State Co-operative Societies Act, 2002 or under any other law with 39 of 2002.

respect to co-operative societies for the time being in force” shall be substituted;

(d)in clause (da), after sub-clause (viii), the following sub-clauses shall be inserted, namely:–– “(ix) processed food and other edible products;

(x) any other food items as may be notified by the Central Government;”;

(e) in clause (dba), for the words “in the rural area and includes any handicrafts or rural crafts”, the words “including any handicrafts or other crafts” shall be substituted;

(f)after clause (dd), the following clause shall be inserted, namely:–– ‘(de) “notification” means a notification published in the Official Gazette and the expression “notify” or “notified” shall be construed accordingly;’.

Omission of 3.Section 2A of the principal Act shall be omitted.

section 2A.

4. In section 3 of the principal Act, in sub-section (4), clause (vii) shall Amendment of

section 3. be omitted.

5.In section 9 of the principal Act,–– Amendment of

section 9.

(a)in sub-section (1),––

(i)for the words “, through co-operative societies”, the words “for co-operative development” shall be substituted;

(ii)in clause (a), for the words “and notified commodities”, the words “, notified commodities and industrial goods” shall be substituted;

(b)in sub-section (2),––

(i) for clause (b), the following clause shall be substituted,

namely:–– “(b) provide funds to State Governments for financing co-operative societies or any entity engaged in co-operative development, for the purchase of agricultural produce, foodstuffs, livestock, poultry feed, industrial goods, notified commodities and notified services on behalf of the Central Government, to the extent such funds are used for co-operative societies;”;

(ii)after clause (d), the following clause shall be inserted, namely:–– “(da) provide loans and grants directly to co-operative societies or any entity engaged in co-operative development to the extent such funds are used for co-operative societies, subject to furnishing security, as may be required by the Corporation;”;Sec. 1] THE GAZETTE OF IND3IA EXTRAORDINARY 3

(iii) after clause (f), the following clause shall be inserted,

namely:–– “(g) with the approval of the Central Government, participate in the share capital of co-operative societies other than a co-operative society referred to in clause (f), or any entity engaged in co-operative development.”;

(c) after sub-section (3), the following sub-section shall be inserted,

namely:–– “(4) The entity engaged in co-operative development shall be such as may be determined by the Board.”.

6.After section 9 of the principal Act, the following section shall be inserted, Insertion of new section 9A.

namely:–– “9A. The Corporation may do all such things as may be necessary or Incidental powers. incidental to or consequential upon the exercise of its powers, discharge of its functions and the performance of its duties, under this Act, or under any other law for the time being in force.”.

7. After section 13 of the principal Act, the following section shall be inserted, Insertion of new section

namely:–– 13A. “13A. The Corporation may, for the purpose of the efficient discharge of Credit its functions under this Act, collect from or furnish to the Central Government, information. the Reserve Bank or any banking company or such other financial institution as may be notified by the Central Government in this behalf, credit information or other information.”.

———— DR. RAJIV MANI, The above Bill has been passed by the Houses of Parliament.

Secretary to the Govt. of India.

Dated the Chairman. ———— I assent to this Bill.

Dated the President.

UPLOADED BY THE MANAGER, GOVERNMENT OF INDIA PRESS, MINTO ROAD, NEW DELHI–110002 AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI–110054.

MGIPMRND—518GI(S4)—14-08-2026.