NCDC Implements Yuva Sahakar And Swayamshakti Schemes

The National Cooperative Development Corporation is implementing two key cooperative sector initiatives—Yuva Sahakar Scheme and Swayamshakti Sahakar Yojana—to promote innovation, inclusivity, and sustainable livelihoods. Both schemes are fully funded and supported by the National Cooperative Development Corporation, a statutory body functioning under the Ministry of Cooperation, Government of India.

Role Of NCDC And Ministry Of Cooperation

National Cooperative Development Corporation operates under the Ministry of Cooperation and plays a central role in strengthening India’s cooperative ecosystem. Through targeted financial assistance and institutional support, NCDC aims to improve the economic viability of cooperatives across sectors such as agriculture, dairy, fisheries, handloom, and services.

Objectives Of Yuva Sahakar Scheme

The Yuva Sahakar Scheme has been designed to encourage newly formed cooperative societies, particularly those driven by young entrepreneurs. The scheme focuses on promoting new and innovative ideas within the cooperative framework. Financial assistance under this scheme supports start-ups and early-stage cooperatives, helping them overcome initial capital constraints and scale up viable business models aligned with local economic needs.

Focus Of Swayamshakti Sahakar Yojana

The Swayamshakti Sahakar Yojana aims to facilitate access to affordable, cost-effective, and reliable financial services for economically weaker sections, with a special focus on women. The scheme supports women Self Help Groups by enabling access to adequate bank credit for undertaking collective socio-economic activities. Its broader objective is to promote sustainable livelihoods, financial inclusion, and women-led cooperative enterprises.

Important Facts for Exams

• NCDC is a statutory body under the Ministry of Cooperation.
• Yuva Sahakar promotes new and innovative cooperative societies.
• Swayamshakti Sahakar focuses on women SHGs and sustainable livelihoods.
• Both schemes are fully funded by the National Cooperative Development Corporation.

Parliamentary Disclosure And Financial Support

Details of financial assistance released to cooperatives and beneficiaries for the financial years 2022–23, 2023–24, and 2024–25 under both schemes were provided in Parliament. This information was shared by Union Minister for Home and Cooperation Amit Shah in a written reply in the Rajya Sabha, underscoring the government’s continued emphasis on cooperative-led development.