NCDC Schemes for Women Cooperatives: Swayamshakti and Nandini
Why in the news
The National Cooperative Development Corporation (NCDC) is promoting livelihoods and enterprise among women through two cooperative-focused schemes.
Key facts
| Aspect | Swayamshakti Sahakar Yojna | Nandini Sahakar |
|---|---|---|
| Focus | Affordable, reliable financial services for poor women; bank credit for SHGs | Women-centric framework for finance, project formulation, capacity building, entrepreneurship and business planning |
| Who can use it | PACS, DCCBs, StCBs, federated SHG cooperatives and cooperative federations | All sectors except urban housing |
| Support | Cooperative credit for sustainable livelihood | Enterprise development and interest subvention on loans |
Objectives of Swayamshakti
- Let Self Help Groups reach enough bank credit for collective socio-economic activity.
- Promote sustainable livelihood through cooperative credit.
Alignment
- Nandini Sahakar fits the Atmanirbhar Bharat mission by building women’s entrepreneurship through cooperatives.
Exam angle
- Implementing agency: National Cooperative Development Corporation.
- Scheme exclusion: urban housing under Nandini Sahakar.
- Abbreviations: PACS, DCCB, StCB, SHG.