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Nandini Sahakar Yojana
August 18 , 2024
14 hrs 0 min
26
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- It aims to assist women cooperatives to take up business model-based activities under the purview of the National Cooperative Development Corporation (NCDC).
- This is a women focused framework of financial assistance, project formulation, hand-holding and capacity development.
- There is no minimum or maximum limit on financial assistance to projects by women cooperatives.
- NCDC provides 2% interest subvention on its rate of interest on term loan portion for new and innovative activities.
- 1% interest subvention on its rate of interest on term loan portion for all other activities resulting in lower borrowing costs of women cooperatives.
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