Consider the following statements about Nandini Sahakar Scheme : 1. This scheme is aimed at assisting women cooperatives to take up business model based activities under the purview of the National Cooperative Development Corporation (NCDC). 2. There is no minimum or maximum limit on financial assistance. Which of the statements given above is/are correct?

The Nandini Sahakar Scheme is a women-focused framework launched by the National Cooperative Development Corporation (NCDC) under the Ministry of Cooperation [1]. Statement 1 is correct as the scheme is specifically designed to assist women cooperatives in taking up business model-based activities across any sector mandated to the NCDC, excluding urban housing. It provides a comprehensive support system including project formulation, hand-holding, and capacity development [2]. Statement 2 is also correct because the scheme's guidelines explicitly state that there is no minimum or maximum limit on the financial assistance provided to projects by women cooperatives [2]. Eligible entities include cooperatives registered under State or Central Acts or those with at least 50% women as primary members. The scheme aligns with Atmanirbhar Bharat objectives to enhance the socio-economic status of women through entrepreneurial dynamism [2].

Sources

1. [1] https://www.pib.gov.in/PressReleasePage.aspx?PRID=2150238
2. [2] https://www.pib.gov.in/PressReleasePage.aspx?PRID=2042682