Nandini Sahakar Yojana

Objective

The Nandini Sahakar Yojana aims to support women cooperatives in business activities under the National Cooperative Development Corporation (NCDC), focusing on financial assistance, project formulation, hand-holding, and capacity development.

Funding

• No Limit: There is no minimum or maximum financial assistance for women cooperatives.
• Interest Subvention:
  • 2% for new and innovative activities.
  • 1% for all other activities.

Eligibility

• Cooperative Societies: Must be operational for at least 3 months.
• Women Cooperatives: Registered under State/Central Act or have 50% women as primary members.

Significance

• Socio-Economic Impact: Improves the socio-economic status of women.
• Entrepreneurial Support: Enhances women’s entrepreneurial activities through cooperatives.
• Convergence: Integrates business plans, capacity development, credit, subsidy, and interest subvention.