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Source- This post on Nandini Sahakar Scheme has been created based on the article “Nandini Sahakar Yojana” published in “PIB” on 8 August 2024.
Why in News?
The National Cooperative Development Corporation has recently launched the Nandini Sahakar Scheme to support women entrepreneurs.
About Nandini Sahakar Scheme
| Aspects | Description |
| About | The Nandini Sahakar Yojana is a women-focused initiative by the National Cooperative Development Corporation (NCDC). |
| Focus | Women-focused framework for financial assistance, project formulation, hand-holding, and capacity development. |
| Aim | i) The scheme aims to improve socio-economic status of women and supports entrepreneurial dynamism of women through women cooperatives. ii) It will converge critical inputs of women’s enterprise, business plan formulation, capacity development, credit and subsidy and/ or interest subvention of other schemes. |
| Objective | i) Align with the principles of Atmanirbhar Bharat as outlined by the Hon’ble Prime Minister. ii) Improve the socio-economic status of women. iii) Support entrepreneurial dynamism through women cooperatives. |
| Features | 1. Financial Assistance: The scheme provides financial assistance to women cooperatives for business model-based activities. There is no minimum or maximum limit on financial aid for projects. |
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