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Tuesday, August 13, 2024

Nandini Sahakar Yojana

Nandini Sahakar Scheme by the National Cooperative Development Corporation (NCDC) is a women-focused framework of financial assistance, project formulation, hand-holding, and capacity development aimed at assisting women cooperatives to take up business model-based activities under the purview of NCDC. There is no minimum or maximum limit on financial assistance to projects by women cooperatives.

Nandini Sahakar Scheme was launched to align itself with the principles of Atmanirbhar Bharat outlined by the Hon’ble Prime Minister. The scheme is a framework of assistance to improve the socio-economic status of women. It supports the entrepreneurial dynamism of women through women's cooperatives. It converges critical inputs of women’s enterprises, business plan formulation, capacity development, credit and subsidy, and interest subvention of other schemes.

NCDC funding is project-based. No proposal has been received from any women's cooperative in Bihar under the Nandini Sahakar Scheme. However, as of 31.03.2024, NCDC has disbursed financial assistance of Rs.6426.36 crore for the development of cooperative societies exclusively promoted by women across the country.

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