Yuva Sahakar Scheme 2020 |100 करोड़ रुपये की योजना Apply Online

Yuva Sahakar Scheme has been launched by the National Cooperative Development Corporation (NCDC). The main aim of this scheme is to attract the newly formed cooperatives to take advantage of innovative ventures specially for young entrepreneurs with innovative ideas. NCDC played a crucial role in promoting cooperative development in the country. The corporation introduces new schemes to provide support to the cooperatives. Recently the NCDC organizes the ‘India International Cooperative Trade Fair’ in October 2019 in New Delhi which will provide a platform for sale, market, product display, conferences, buyer-seller meet, networking, policy advocacy, etc. to national and international cooperatives and related institutions.

Yuva Sahakar Scheme

Yuva Sahakar Scheme 2020

NCDC introduces the “Cooperative Enterprise Support and Innovation Scheme” in which the cooperative societies will get inclusive, liberal with concessional funding support. This scheme is started with an annual outlay of Rs.100 crores. NCDC has already achieved an all-time high release of over ₹25,000 crores which is 210% of the current year target during the current financial year 2018-19. In the last five years (2014-15 to 2018-19)a remarkable increase of around 222% in disbursements as compared to the previous five years (2009-10 to 2013-14).

Food Safety Mitra Scheme 

Highlight’s Yuva Sahakar Scheme 2020

Name of the scheme Yuva Sahakar Scheme 2020
Launched by National Cooperative Development Corporation (NCDC)
Beneficiaries Newly formed cooperatives
Type Of Scheme Government Scheme
Official Website http://www.ncdc.in/

Eligibility:

  • All type of cooperatives with new, innovative and value chain enhancement projects who are in operation from at least one year.
  • If the society is associated with more than 3 years, should not incur any cash loss in the past three years
  • If the society is associated less than three years, it should not incur any cash loss in past one year.
Udyog Aadhar Registration

How To Apply Yuva Sahakar Scheme

  • Firstly, open the official website of the National Cooperative Development Corporation (NCDC)
  • Now click “Application Forms, Pattern of Assistance, Rate of Interest, Guidelines for Direct Funding,”
  • Select “Common Loan Application Form” from the page appears on the screen
Common Loan Application Form
  • Select the activity/ purpose of loan and type of loan
  • Click submit option and application form appears on the screen
  • Download the application form and take a print out of it
  • Fill the application form with required details and attach the necessary documents with it
  • Submit the application form at the regional office address or as mentioned on the form

Important Links:

Leave a Comment