100 cr scheme for cooperatives in the pipeline

Agriculture Minister Narendra Singh Tomar is all set to launch the Yuva Sahakar-Cooperative Enterprise Support and Innovation Scheme 2019 at the first-ever India International Cooperatives Trade Fair (IICTF) to be held here from October 11-13. Having an annual outlay of Rs 100 crore, it targets cooperatives in the northeastern region, cooperatives registered and operating in aspirational districts as identified by NITI Aayog, and cooperatives with 100% women/SC/ST/persons with disability members.

The scheme hopes to further the government’s goal of doubling farmers’ income by promoting cooperative-to-cooperative trade within India & abroad and promoting exports of key agriculture commodities and products. This is in line with other schemes aimed at young entrepreneurs like Start-up India and Stand-up India.