India, Feb. 5 -- "Yuva Sahakar - Cooperative Enterprise Support and Innovation Scheme" is being implemented by National Cooperative Development Corporation (NCDC), a statutory corporation under the administrative control of Ministry of Cooperation, across the country, with the aim to encourage newly formed cooperative societies with new and/or innovative ideas. The scheme encourages young entrepreneur Cooperative Societies which are in operation for a minimum of 3 months. The loan provided under the scheme is a long-term loan (up to 5 years) and as an incentive, NCDC provides 2% interest subvention on its applicable rate of interest on term loan for the project activities. Further, the loan component under the scheme can also be dovetail...