NANDINI SAHAKAR SCHEME : ECONOMY
NEWS : The Nandini Sahakar
Scheme aims to bolster women cooperatives in line with the Atmanirbhar Bharat
vision by providing financial assistance and support for project development
WHAT’S IN THE NEWS ?
As of March 31, 2024, no
proposals have been submitted from Bihar, although NCDC has allocated ₹6,426.36
crore to women-led cooperatives across India.
Nandini Sahakar Scheme:
- Objective: The
Nandini Sahakar Scheme aims to support women cooperatives in alignment
with the Atmanirbhar Bharat initiative, enhancing the socio-economic
status of women.
- Focus: It
provides financial assistance, project formulation, hand-holding, and
capacity development specifically for women cooperatives engaged in
business activities.
- Financial Assistance: There is no minimum or maximum limit on the financial
assistance provided for projects by women cooperatives.
- Support: The
scheme includes inputs for enterprise development, business plan
formulation, credit, subsidy, and interest subvention from other schemes.
- Implementation: National
Cooperative Development Corporation (NCDC) funding is project-based.
As of March 31, 2024, no proposals have been received from women
cooperatives in Bihar.
- Disbursement: NCDC
has cumulatively disbursed ₹6,426.36 crore for developing women-promoted
cooperative societies across India.
Source : https://pib.gov.in/PressReleasePage.aspx?PRID=2042682