(a) whether the private sector and corporate sector are involved in partnership with the Government for the scheme of the Yuva Sahakar-Cooperative Enterprise Support and Innovation and its implementation and if so, the details thereof; and
(b) whether the said scheme offers any special component for the women and SC/ST sections and if so, the details thereof?
MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE AND FARMERS WELFARE
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(a): No Madam, National Cooperative Development Corporation (NCDC), a statutory Corporation under the Department of Agriculture, Cooperation & Farmers Welfare has recently launched “Yuva Sahakar Cooperative Enterprise Support and Innovation Scheme”.
To avail loans under the Scheme Cooperative Societies may offer security for the loan in any one or combination of the prescribed modes to the satisfaction of NCDC. The prescribed modes include Guarantee by State / Central Government, Guarantee by Central Public Sector Undertakings / Corporate Social Responsibility Foundations of Central Public Sector Undertakings, Guarantee by North Eastern Development Finance Corporation / Small Industries Development Bank of India.
(b): Yes, Madam. The Scheme is liberal to cooperatives with 100% Women / SC/ST. This category of beneficiaries will get the benefit of debt equity ratio of 80:20. The debt equity ratio of general category is 70:30.
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