Lok Sabha Question No. 626 (UNSTARRED), answered on 2024-02-06
Subject: NCDC for development of Women Cooperative Societies
Ministry: COOPERATION
Asked by: Ravindra Kushawaha

## GOVERNMENT OF INDIA MINISTRY OF COOPERATION

## LOK SABHA UNSTARRED QUESTION NO.626 TO BE ANSWERED ON 06/02/2024

## NCDC for development of Women Cooperative Societies

## †626. SHRI RAVINDRA KUSHWAHA :

Will the Minister of COOPERATION ( सहकाįरता मंũी ) be pleased to state:

- (a) the role played by National Cooperative Development Corporation (NCDC) towards development of Women Cooperative Societies;
- (b) the amount of funds released to Women Cooperative Societies during the last three years; and
- (c) whether NCDC has implemented any special Scheme for women in Cooperative Societies and if so, the details thereof?

## ANSWER

## THE MINISTER OF COOPERATION सहकाįरता मंũी (SHRI AMIT SHAH)

- (a):  National  Cooperative  Development  Corporation  (NCDC),  a  statutory  corporation  under  the administrative control of Ministry of Cooperation, has been continuously working for the development Women Cooperative Societies and empowerment of women across the country.

NCDC  encourages  women  cooperatives  to  avail  financial  assistance  under  its  various schemes.  Cooperatives  exclusively  promoted  by  women  or  cooperatives  having  women  as  their members can  avail  assistance  under  various  schemes/programmes  of  the  Corporation.  NCDC  has provided  assistance  for activities  related  to  Processing  of  Foodgrain,  Plantation  of  Crops,  Oilseed Processing, Fisheries, Poultry, Dairy & Livestock farming, Storage, Spinning Mills, Handloom, Jute & Powerloom Weaving, Integrated  Cooperative  Development  Projects,  Yuva  Sahakar &  Services among others.

Cumulatively  as  on  31.03.2023,  NCDC  has  disbursed  financial  assistance  of  Rs.5714.81 crore for the development of cooperative societies exclusively promoted by women.

- (b):  The details of financial assistance disbursed to women cooperatives by NCDC during the last three years is as under:
- (c) : Yes Sir. NCDC is implementing following special Scheme for women in Cooperative Societies:
- i. NANDINI SAHAKAR: The scheme aims to improve socio-economic status of women and supports entrepreneurial dynamism of women through women cooperatives. Any cooperative society, having minimum 50% women as primary members, with three months in operation is eligible to apply for assistance which will be in the form of credit linkage for infrastructure term  loan  and  working  capital,  dovetailed  with  subsidy  or  interest  subvention  from  other schemes of Government / Agencies. As an incentive, NCDC provides 2% interest subvention on its rate of interest on term loan portion for new and innovative activities and 1% interest subvention on its rate of interest on term loan portion for all other activities resulting in lower borrowing costs.
- ii. SWAYAM SHAKTI SAHAKAR YOJNA: New scheme for providing NCDC's financial assistance  to  Agricultural  Credit  Cooperatives  for  providing  loan/advances  to  Women  Self Help Groups (SHGs) .

| Financial Year   |   Amount disbursed (Rs. in crore) |
|------------------|-----------------------------------|
| 2020-21          |                            800.36 |
| 2021-22          |                           1319.52 |
| 2022-23          |                           1437    |

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