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January 30, 2025 at 04:58 AM
🔆 Nandini Sahakar Yojana
📍 Overview
âś… Aims to support women cooperatives in business model-based activities under the National Cooperative Development Corporation (NCDC).
âś… Provides financial assistance, project support, capacity development, and hand-holding for women-led initiatives.
📍 Funding Features
âś… No minimum or maximum limit on financial assistance.
âś… Interest Subvention:
2% subvention for new and innovative activities.
1% subvention for all other activities, reducing borrowing costs.
📍 Eligibility
âś… Cooperative societies with 3+ months of operation can apply for infrastructure term loans.
âś… Must be women cooperatives or cooperatives with 50% women as primary members.
📍 Significance
âś… Enhances the socio-economic status of women.
✅ Supports women’s entrepreneurial dynamism through cooperative frameworks.
âś… Provides a comprehensive approach to business planning, credit, subsidies, and capacity building.
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