Lok Sabha Question No. 412 (UNSTARRED), answered on 2025-02-04
Subject: Yuva Sahakar Scheme
Ministry: COOPERATION
Asked by: Dr. Shrikant Eknath Shinde, Smt. Shambhavi, Shri Ravindra Dattaram Waikar, Shri Rajesh Verma, Dr. D. Purandeswari, Shri Naresh Ganpat Mhaske

## GOVERNMENT OF INDIA MINISTRY OF COOPERATION

## LOK SABHA UNSTARRED QUESTION NO. 412 TO BE ANSWERED ON 04 TH  FEBRUARY 2025

## Yuva Sahakar Scheme

## 412.    Shri Rajesh Verma:

Dr. D Purandeswari:

Dr. Shrikant Eknath Shinde:

Shri Ravindra Dattaram Waikar:

Smt. Shambhavi:

Shri Naresh Ganpat Mhaske;

Will the Minister of Cooperation ( सहकारिता मंत्री ) be pleased to state:

- (a) the detailed data on the loans sanctioned and disbursed under the Yuva Sahakar scheme in 2024;
- (b) the detailed data on the cooperatives led by women, SC or ST entrepreneurs under the scheme in 2024 with previous year comparisons;
- (c) the measures taken under the scheme in 2024 to promote entrepreneurship among youth in rural and semi-urban regions;
- (d) the steps taken to create awareness regarding the scheme in 2024; and
- (e) whether the dovetailing of Yuva Sahakar loans with other Government subsidies led to enhanced outcomes for cooperative startups in 2024, and if so, the details thereof?

## ANSWER

## THE MINISTER OF COOPERATION सहकारिता मंत्री (SHRI AMIT SHAH)

- (a):  'Yuva Sahakar - Cooperative Enterprise Support and Innovation Scheme' is being implemented by  National  Cooperative  Development  Corporation  (NCDC),  a  statutory  corporation  under  the administrative control of Ministry of Cooperation, across the country, with the aim to encourage newly formed  cooperative  societies  with  new  and/or  innovative  ideas.  The  scheme  encourages  young entrepreneur  Cooperative  Societies  which  are  in  operation  for  a  minimum  of  3  months.  The  loan provided under the scheme is a long-term loan (up to 5 years) and as an incentive, NCDC provides 2% interest subvention on its applicable rate of interest on term loan for the project activities. Further, the loan component under the scheme can also be dovetailed with subsidy, as applicable and available from other Government of India schemes.

The detailed data on the loans sanctioned and disbursed under the Yuva Sahakar scheme in 2024 is as under-

## Sanction and Disbursement data under Yuva Sahakar

(Rs. In lakh)

| State          | 01/04/2023 to 31/03/2024   | 01/04/2023 to 31/03/2024                                                        | 01/04/2024 to 31/12/2024   | 01/04/2024 to 31/12/2024                                                        |
|----------------|----------------------------|---------------------------------------------------------------------------------|----------------------------|---------------------------------------------------------------------------------|
| State          | Assistance Sanctioned      | Assistance Released including release against sanction for the previous year(s) | Assistance Sanctioned      | Assistance Released including release against sanction for the previous year(s) |
| Bihar          | 0.00                       | 38.79                                                                           | 0.00                       | 38.79                                                                           |
| Jammu &Kashmir | 144.00                     | 0.00                                                                            | 0.00                       | 0.00                                                                            |
| Karnataka      | 21.75                      | 0.00                                                                            | 0.00                       | 0.00                                                                            |
| Madhya Pradesh | 11.04                      | 0.00                                                                            | 83.02                      | 13.18                                                                           |
| Rajasthan      | 7.20                       | 3.60                                                                            | 0.00                       | 3.6                                                                             |
| Uttar Pradesh  | 41.91                      | 23.91                                                                           | 38.50                      | 44.63                                                                           |
| Uttarakhand    | -                          | -                                                                               | 50.39                      | 3.33                                                                            |
| West Bengal    | 70.00                      | 70.00                                                                           | 70.00                      | 0.00                                                                            |
|                | 295.90                     | 136.30                                                                          | 241.91                     | 103.53                                                                          |

- (b): NCDC has not received any project from cooperatives led by women, SC or ST. However, NCDC has sanctioned financial assistance to cooperatives benefiting the following members:

| Beneficiary members   |   FY2023-24 |   FY2024-25* |
|-----------------------|-------------|--------------|
| Women                 |        2324 |         1718 |
| SC                    |        1625 |         1352 |
| ST                    |         145 |          619 |

*upto 31/12/2024

- (c) & (d): The aim of the scheme is to encourage newly formed cooperative societies with new and/or innovative  ideas.  The  scheme  encourages  young  entrepreneur  Cooperative  Societies  which  are  in operation  for  a  minimum  of  3  months  The  Scheme  is  being  promoted  in  all  the  States  through promotional  programmes  and  trainings  conducted  by  19  Regional  Offices  and  Regional  Training Centers of NCDC.
- (e): The dovetailing of Yuva Sahakar loans with other Government subsidies has benefitted 3107 and 7501 beneficiary members during the period from 01/04/2023 to 31/03/2024 and from 01/04/2024 to 31/12/2024, respectively.

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