With an aim to encourage young entrepreneurs, Agriculture Minister Narendra Singh Tomar is likely to launch the Yuva Sahakar-Cooperative Enterprise Support and Innovation Scheme 2019 with an annual outlay of Rs 100 crore. This is in line with schemes like Start-up India and Stand-up India aimed at young entrepreneurs.
The scheme is aimed at 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 will be launched at the first-ever India International Cooperatives Trade Fair (IICTF) to be held here from October 11-13.
As 94% of total farmers in India are members of at least one cooperative institution, the IICTF is aimed at furthering 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.
