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The Kerala Co-operative Development and welfare fund Board is established for implementing Co-operative welfare and development scheme as per section 57A of the Kerala Co-operative Societies Act 1969. Kerala Co-operative development and Welfare fund Board is constituted to administer the fund and implement the scheme as per GO (P) No.108/2000/Co-op dated 3-6-2000. The major mission of the board is to rehabilitate the weaker co-operative societies and also to implement development activities for the total up liniment of co-operative societies in the state. To achieve the above motto Kerala Co-operative development and Welfare fund has been established. The fund shall vest in and be administered by the board.

                        All Co-operative societies under the control of the registrar of co-operative societies shall become the members of Co-operative welfare and development scheme.  The fund towards the scheme shall consist of initial contribution from the member societies and financial assistance from the government.