|
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
Allocation
45.94
0.00
0.00
8.00
8.00
|