Q. Consider the following statements regarding Nandini Sahakar Scheme:
1.The scheme aims to improve socio-economic status of women and supports entrepreneurial dynamism of women through women cooperatives.
2.National Cooperative Development Corporation (NCDC) is responsible for implementing the Nandini Sahakar Scheme.
Which of the statement(s) given above is/are correct?
Explanation –
Statements 1 and 2 are correct. The Nandini Sahakar Scheme is a comprehensive initiative launched by the National Cooperative Development Corporation (NCDC) to support women cooperatives in India. It is designed to improve the socio-economic status of women by supporting their entrepreneurial ventures through cooperatives. It provides a framework for financial assistance, project formulation, hand-holding, and capacity development. There is no cap on the financial assistance provided to women cooperatives. The assistance can cover infrastructure, margin money, and working capital. The scheme is open to cooperatives registered under any State or Central Act with at least 50% women as primary members. The scheme aligns with the principles of Atmanirbhar Bharat (self-reliant India).
Source: Forum IAS
