Cooperation
Share capital participation in growers cooperative spinning mills
| Title | Share capital participation in growers cooperative spinning mills. | |
| Type | Centrally Sponsored | |
| Objectives | To help cotton growers to fetch remunerative return for their produce through value addition. | |
| Salient features | The scheme provides for assistance to share capital loan for new mills as well as term loan assistance to undertake expansion and modernization of growers cooperative spinning mills. | |
| Pattern of assistance | Financial assistance is given to NCDC as loans and grants, which in turn will provide assistance to growers cooperative Spinning mills through State Governments. | |
| Eligibility | Growers Cooperative Spinning mills | |
| Procedure to apply | Eligible Coop. Societies may formulate suitable proposal in the prescribed formats available with State Cooperation Department and in the Regional Offices of NCDC. | |
| Person to be contacted | The Managing
Director, National Cooperative Development Corporation of India, Hauz Khas, New Delhi-110 016 |
|
| Date of Start/Duration | 1974-75 | |
| Implementation Status | Ongoing | |
| Progress of Expenditure |
(Rs in Crores) XI Plan
1997-98 1998-99 1999-20002000-01 |
|
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