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.