Section 16 in The National Co-Operative Development Corporation Act, 1962
16. Submission of programme of activities and financial estimates.
(1)The Corporation shall prepare before the commencement of each year a statement of programme of its activities during the forthcoming year as well as a financial estimate in respect thereof.(2)A statement prepared under sub-section (1) shall, not later than three months before the commencement of each year, be submitted to the Central Government for approval.
