Ayushman sahakar scheme
Ayushman sahakar scheme
National Cooperative Development Corporation a statutory organization under Ministry of Cooperation interalia undertakes schemes for promotion of cooperative societies in manufacturing and services sector. NCDC while aligning itself with mandate of National Health Policy to develop health care sector notified Ayushman Sahakar scheme. As part of scheme, NCDC sanctions financial assistance to eligible cooperatives in healthcare sector after detailed technical and financial appraisal of the project, thereby ensuring long term financial sustainability. The scheme provides financial assistance to co-operatives working in healthcare including AYUSH thereby promoting community ownership, participation, and accountability in healthcare delivery.
Any Cooperative Society registered under any State Act or Multi State Cooperative Societies Act with suitable provision in its byelaws to undertake services related to hospital, healthcare or health education, is eligible for financial assistance under the scheme. NCDC assistance (as term loan or investment loan) is provided either through the State Governments/ UT Administrations or directly to the cooperatives which fulfil NCDC Direct Funding guidelines criteria. Details of scheme are at Annexure.
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Annexure
Ayushman SAHAKAR Scheme
National Cooperative Development Corporation (NCDC) is an apex level statutory institution set up by the Government of India under an Act of the Parliament in 1963. NCDC has been created for the purpose of planning and promoting programmes for the production, processing, marketing, storage, export and import of agricultural produce, foodstuffs, industrial goods, livestock, certain other commodities and services on cooperative principles. NCDC extends financial assistance to cooperatives at all the three tiers, Primary, District and Apex / Multi-State. NCDC is under the administrative control of the Ministry of Cooperation.
Objective:
Aligning itself with the focus on National Health Policy 2017, aimed at shaping the health systems in all its dimensions in india, accordingly, NCDC had notified AYUSHMAN SAHAKAR Scheme.
Objectives of the scheme are:
Activities covered under Ayushman Sahakar Scheme.
Eligibility:
Any Cooperative Society registered under any State/ Multi State Cooperative Societies Act in the country, with suitable provision in the bye-laws to undertake services related to hospital/ healthcare/ health education.
Project Cost:
As per actual requirement.
Loan Period:
Period of loan can be up to 8 years, including 1 – 2 years moratorium on payment of principal, depending on the type of project and its ability to generate revenue.
Rate of Interest:
As an incentive, NCDC will provide 1 % less than its applicable rate of interest on term loan for the project activities in case of borrower cooperative society where women members are in majority for the entire tenure of the loan only if timely repayments are made.
Security:
The cooperative society may offer security for the loan in any one or combination of the following to the satisfaction of NCDC:
Subsidy:
NCDC loan assistance is proposed to be dovetailed with subsidy/ grant/ VGF/ any other mechanism of Government of India or State Government or any other Funding Agency.
Funding Pattern:
The projects would be supported with following funding pattern :
Funding through State Govt.
Direct Funding
NCDC to State Govt.
State Govt. to Society
NCDC to Society
Loan* – 90%
Loan* – 50%
Share Capital** – 40%
Loan*- 70%
Society’s Share – 10%
Society’s Share – 10%
Society’s Share – 30%
*In case subsidy/ grant under any scheme of Government of India or State Government or any other Funding Agency are dovetailed, the loan amount may be reduced proportionately.
** In case share capital is not contributed by State Govt., the same (40%) shall also be passed on as loan to Society.
Margin Money:
Funding through State Govt.
Direct Funding
NCDC to State Govt.
State Govt. to Society
NCDC to Society
Loan* for availing Bank credit.
100% ***
Loan* or Share Capital or Loan- cum-Share capital
100% ***
Loan* 100% ***
* In case subsidy/ grant under any scheme of Government of India or State Government or any other Funding Agency are dovetailed, the loan amount may be reduced proportionately.
*** Eligibility of Margin Money assistance is subject to assessment.
Funding through State Govt.
Direct Funding
NCDC to State Govt.
State Govt. to Society
NCDC to Society
Loan as per requirement
Loan
Loan
This information was given by Union Minister for Home and Cooperation Shri Amit Shah in a written reply in Rajya Sabha.
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- To assist provision of affordable and holistic healthcare through hospitals / healthcare / education facilities by cooperative societies,
- To assist promotion of AYUSH facilities by cooperative societies,
- To assist cooperative societies meet the objectives of National Health Policy,
- To assist cooperative societies participate in the National Digital Health Mission,
- To assist cooperative societies provide comprehensive healthcare including education, services, insurance and activities related thereto.