New Delhi, July 31 -- In a move to expand access to credit for rural cooperatives, the Union Cabinet on Thursday approved a Rs.2,000 crore central sector scheme for the National Cooperative Development Corporation (NCDC).

The scheme, titled Grant-in-Aid to NCDC, will be implemented over four years from FY26 to FY29.

With this infusion, the NCDC is expected to mobilise around Rs.20,000 crore from financial markets.

In a separate decision, the Cabinet sanctioned a Rs.6,520 crore outlay for the Pradhan Mantri Kisan Sampada Yojana (PMKSY) during the ongoing 15th Finance Commission cycle (2021-22 to 2025-26).

This includes an additional allocation of Rs.1,920 crore to support food processing infrastructure.

Of the total outlay, Rs.1,000 c...