Youth Cooperative Cooperative Enterprise Assistance and Innovative Scheme 2024 – Loan of 3 crores for agricultural produce business
The Central Government has launched Yuva Sahakar Yojana on 11 October tomorrow to bring revolution in the cooperative sector. This government scheme will be run on the lines of Start Up India and Stand Up India scheme. The Prime Minister Yuva Sahakar Scheme was started by Agriculture Minister Narendra Singh Tomar at Pragati Maidan in Delhi.
A three-day Indian International Cooperative Trade Fair is being organized for the first time in Delhi with the aim of providing agriculture and allied products to the wider international market. The government is bringing this Yuva Sahakar Cooperative Enterprise Support and Innovation Scheme for the Agri Cooperatives sector so that the sector can get a boost.
If you are young and want to join hands in social entrepreneurship by forming a co-operative society, then under this scheme (Yuva Sahakar Cooperative Enterprise Support and Innovation Scheme), you can take a loan at subsidy or low interest and make your agricultural products international Can sell in the market.
Yuva Sahakar Yojana 2023 – Benefits, Features
Some important benefits will be received by the youth and people in the Pradhan Mantri Yuva Sahakar Yojana 2019 which are as follows:
- According to the Ministry of Agriculture, the National Cooperative Development Corporation will provide loans at a subsidized rate under the Pradhan Mantri Yuva Sahakar Scheme. Under the scheme, cooperatives in the North Eastern Region and Aspirational Districts will get loans in the ratio of 80 and 20 for Pradhan Mantri Yuva Sahakar Scheme.
- Under the Pradhan Mantri Yuva Sahakar, Cooperative Scheme, the facility will be provided to 100 percent women cooperative societies, Scheduled Caste and Tribe people and the disabled.
- One to three crore rupees will be easily available for doing business related to agricultural products. So that traders can easily sell their products in the international market.
- The Union Government has also allocated an annual budget of Rs 100 crore for the Youth Cooperative Cooperative Enterprise Assistance and Innovative Scheme. The purpose of this scheme is to bring a revolution in the villages of the country.
- Other cooperatives will get loans at low interest ratios of 70 and 30.
Modi government will start an revolution on the lines of China
In China too, such a scheme was introduced from the late 1990s, which led to a rapid increase in the number of farmer cooperatives and in 2007 a separate national law was introduced for the farmer professional cooperative to establish the farmer professional cooperative. And there was a lot of help from the government in its management and entrepreneurship developed among the farmers.
In view of China’s success, our government also wanted to bring an revolution in the country by promoting farmer cooperative for products related to farmers and agricultural cooperatives, in which this Yuva Sahakar- Cooperative Enterprise Support and Innovation Scheme (Yuva Sahakar- Cooperative Enterprise Support and Innovation Scheme) ) Can prove to be a milestone.
Youth Cooperative Scheme 2024 – List of countries included in the fair
- Representatives of 35 countries took part in the fair and in the coming time, to save the environment, also spoke:
- Merica, Britain, Australia, Japan, Israel, China, Brazil, Bangladesh
- Nepal, Bhutan, Fiji, Germany, Iran, Malaysia, Mauritius, Russia, Spain, Sri Lanka etc.
- The fair is being organized under the leadership of the National Cooperative Development Corporation by the international organization NEDAC, on behalf of NAFED, APEDA ITPO. The Ministry of Agriculture, Commerce and External Affairs is supporting it. Telangana, Haryana, Uttarakhand, Puducherry, Meghalaya and Goa are the partner states of the trade fair.
- IFFCO, IPL, Amul, CDB, UPL, FAO, Linac, Nafcub etc. will also participate in the fair.
Agriculture Minister Narendra Singh Tomar says that 94 percent of our farmers are members of at least one cooperative institute. The cooperative sector has the potential to increase agricultural exports from the current $ 30 billion to $ 60 billion by 2023. About 150 cooperative societies and 20 central and state level organizations from 35 countries are participating in this fair.