|
Title
|
Share Capital
participation in Cooperative Sugar Factories.
|
|
Type
|
Centrally
Sponsored
|
|
Objectives
|
The
scheme aims at supplementing the resources of State Governments to
enable them to contribute to the share capital of cooperative
sugar factories so as to expedite the project implementation.
|
|
Salient
features
|
Under
the scheme, assistance is extended for investment loan for share
capital participation in new
cooperative sugar
mills, term loan assistance to the existing cooperative sugar
mills for undertaking modernization, expansion and diversification
projects.
|
|
Pattern
of assistance
|
Financial
assistance is given to NCDC as loans for passing on the same to
the cooperative sugar mills through Stare Governments.
|
|
Eligibility
|
Cooperative
sugar factories.
|
|
Procedure
to apply
|
Cooperative
Societies and their Federations may formulate suitable proposal in
the prescribed formats available with State Cooperation Department
and in the Regional Offices of NCDC.
National/regional level federations are to apply directly
to the NCDC Head Office at New Delhi.
Other societies apply to NCDC through Registrar of Coop.
Societies of the concerned State Govt.
|
|
Person
to be contacted
|
The
Managing Director,
National Cooperative Development Corporation,
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
Allocation
329.00
62.00
88.07
47.39
29.81
|
| |
|
|