National Cooperative Development Corporation (NCDC), a statutory organization under the Ministry of Cooperation, is implementing Yuva Sahakar and Swayam Shakti Shakar Scheme. Both the schemes are fully funded and supported by NCDC.

Yuva Sahakar Scheme is being implemented with the aim to encourage newly formed cooperative societies with new and/or innovative ideas.

The objective of Swayamshakti Sahakar Scheme is to facilitate access to affordable, cost-effective and reliable financial services to the poor including women Self Help Groups (SHGs) to undertake the common/collective socio-economic activities in order to promote sustainable livelihood.

NCDC extends funding on a project basis. Under the Yuva Sahakar and Swayam Shakti Sahakar schemes, no cooperative from the Hisar Lok Sabha constituency in Haryana has submitted any proposal to NCDC.

NCDC through its 19 Regional Offices and 9 sub offices actively monitors the implementation of schemes and ensures access to timely credit flow to women cooperatives. Field visits/inspections are done periodically for proper monitoring of loan disbursement under the schemes.

This information was given by Union Minister for Home and Cooperation Shri Amit Shah in a written reply in Lok Sabha.

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AK/AP

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