Books & Magazines

Prelims Wallah (Q&A Bank)

Udaan

Udaan 500+

Budget & Economic Survey

Monthly Current Wallah

Weekly Current Wallah

Editorial Summary

Editorial Q&A Compilation

NCERT Wallah

Prahaar (Mains Wallah)

Marks Booster

Mains Wallah (Q&A Bank)

UPSC PYQs

UPSC Notes

CA & Editorials

Daily Current Affairs

Subject Wise Current Affairs

Editorial Analysis

Other Resources

Current Affairs

“Yuva Sahakar Scheme”

“Yuva Sahakar Scheme”

PWOnlyIAS

December 13, 2024

“Yuva Sahakar Scheme”

Recently, the Minister of Cooperation informed the Lok Sabha about the Yuva Sahakar Scheme.

About Yuva Sahakar Scheme

  • Nodal Ministry: Ministry of Agriculture and Farmers Welfare.
  • Implementing Agency: National Cooperative Development Corporation (NCDC), Ministry of Cooperation
  • Aim: To promote the formation of new cooperative societies and encourage innovative ideas from young entrepreneurs.

Check Out UPSC NCERT Textbooks From PW Store

Key Features

  • Loan Tenure: The loan provided under the scheme is a long-term loan (up to 5 years) and as an incentive.
  • Interest Subvention: NCDC provides 2% interest subvention on its applicable rate of interest on term loan for the project activities
  • Subsidy Integration:  Loans can be combined with subsidies available under other GOI schemes.
  • Incentivisation: Provides more incentives to the cooperatives working in the North-Eastern region and the aspirational districts.
  • Funding: The scheme will be linked to Rs 1000 crore ‘Cooperative Start-up and Innovation Fund (CSIF)’ created by the NCDC.
    • The funding for the project will be up to 80% of the project cost for these special categories as against 70% for others.

Also Read
UPSC Daily Editorials UPSC Daily Current Affairs
Daily Current Affairs Quiz Daily Main Answer Writing
Check Out Previous Years Papers From PW Store UPSC Test Series
Check Out UPSC NCERT Textbooks From PW Store Check Out UPSC Modules From PW Store 

Print Friendly, PDF & Email

To get PDF version, Please click on "Print PDF" button.

Print Friendly, PDF & Email

Recent Editorial

India-Australia Defence Ties Beyond American Shado...

A Strategy Fuelled by Vision, Powered by Energy

​Act North: On the Needs of Ladakh

Strengthening the U.S.-India Subsea Cable Agenda

On India and COVID-19

The DM Position is Outdated. It’s a Personality ...

Popular current affairs

Scheme to Promote Manufacturing of Electric Passen...

Ladakh’s New Rules on Quota, Domicile and Hill C...

First Fusion-Fission Hybrid Reactor: China Unveils...

Legislatures Enacting Laws Not Contempt of Court: ...

ICRISAT Centre of Excellence for South-South Coope...

World Air Transport Summit 2025 Key Highlights

Our Courses

Our Courses

Need help preparing for UPSC or State PSCs?

Connect with our experts to get free counselling & start preparing

Aiming for UPSC?

Download Our App

# #

Download Our App

# #

Contact Details

Aiming for UPSC?

Download Our App

# #
      

Follow Us:

Contact Details

Download Our App

# #
Quick Revise Now !
AVAILABLE FOR DOWNLOAD SOON
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध
Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

<div class="new-fform">






    </div>

    Subscribe our Newsletter
    Sign up now for our exclusive newsletter and be the first to know about our latest Initiatives, Quality Content, and much more.
    *Promise! We won't spam you.
    Yes! I want to Subscribe.