India, July 30 -- The Government of India issued the following news release:
National Cooperative Development Corporation (NCDC) , is implementing the following schemes exclusively for women cooperatives:
Swayamshakti Sahakar Yojna - The objectives of this scheme are to facilitate access to the affordable, cost-effective and reliable financial services to the poor, to facilitate women Self Help Groups (SHGs) to access adequate bank credit to undertake the common/collective socio-economic activities and to promote sustainable livelihood. Under this scheme, Primary Agricultural Credit Societies (PACS), District Central Cooperative Banks (DCCBs), State Cooperative Banks (StCBs) and SHGs Federated Cooperatives/Cooperative Federations are eligible for loan from NCDC.
Nandini Sahakar- Nandini Sahakar scheme of NCDC is a women focused framework of financial assistance, project formulation, hand-holding and capacity development aimed at assisting women cooperatives taking up business model-based activities in any sector, except urban housing. The objectives of this scheme are aligned with the principles of Atmanirbhar Bharat. This initiative supports women cooperatives by fostering entrepreneurial dynamism through inputs like enterprise development, business planning, capacity building, and financial support via credit and interest subvention.
NCDC has disbursed total financial assistance of Rs.3504.4 crore to women cooperatives during the last three years as under:
Disclaimer: Curated by HT Syndication.
