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Scheme running

Sahakar Innovation Scheme (SIS) of NCDC

Shown as running by: NCDC Sahakar Innovation Scheme — circular and guidelines (4 Feb 2026) (4 Feb 2026, Circular No. NCDC: 15-2/2025-P&C dated 04.02.2026, paras 1–3; guidelines cl. 6.1 (Sahakar Innovation Fund of Rs 10 crore))

Sahakar Innovation Scheme · National Cooperative Development Corporation (NCDC), Ministry of Cooperation · Central scheme, all states

A one-time grant of up to ₹25 lakh — 100% grant, not a loan — for an innovative, viable project of a registered primary cooperative society (including FPOs registered as cooperatives), decided case by case by NCDC.

Cooperatives & farmer groups
Lead benefit
₹25,00,000grant per cooperative, at most
Components
1each read from the document
Who can apply
2kinds of applicant
Closing date
Noneapply any time

What it pays

₹25,00,000grant per cooperative, at most

A grant (not a loan) of up to ₹25 lakh per cooperative for an innovative project; NCDC fixes the amount for each project.

Read from NCDC Sahakar Innovation Scheme — circular and guidelines (4 Feb 2026) · clause 3.1–3.4; 5.1 · p. 1–2 · Our copy (PDF)
What the document says, word for word

Only primary cooperative societies apply — FPOs qualify only if registered under a Cooperative Societies Act (cl. 5.1). A society assisted once cannot apply again (cl. 11.4). 20% of the fund is kept for the North-East, hilly areas and weaker sections (cl. 6.2). The society may also take an NCDC loan alongside the grant (cl. 3.4). Assets cannot be sold or mortgaged without NCDC’s approval (cl. 11.3).

“3.2 The maximum grant assistance under the Scheme shall be up to ₹25 lakh per cooperative, to be decided on a case-to-case basis. 3.3 Assistance under the Scheme shall be provided in the form of 100% grant.”

How much can I claim?

This clause does not fund this applicant type (3.1–3.4; 5.1).

Read from NCDC Sahakar Innovation Scheme — circular and guidelines (4 Feb 2026) · clause 3.1–3.4; 5.1 · p. 1–2 · Our copy (PDF)

Only primary cooperative societies apply — FPOs qualify only if registered under a Cooperative Societies Act (cl. 5.1). A society assisted once cannot apply again (cl. 11.4). 20% of the fund is kept for the North-East, hilly areas and weaker sections (cl. 6.2). The society may also take an NCDC loan alongside the grant (cl. 3.4). Assets cannot be sold or mortgaged without NCDC’s approval (cl. 11.3).

Who can apply

  • Cooperative
  • FPO

Papers you need

  • Registration certificate and bye-laws with amendments (with a Hindi or English translation of the key bye-laws if in a regional language)
  • Audited accounts and annual reports for the last 3 years (not needed for a society less than six months old)
  • Brief bio-data of the board of directors and the board’s resolution to seek NCDC assistance
  • Repayment terms of all outstanding loans and the no-overdues certificate (Annexure-II)

How to apply

  1. Check the society is registered, running, has an elected board and is not in default to NCDC or any bank; a new society must have run for at least three months (cl. 7.1).
  2. Prepare a Detailed Project Report showing what is new in the project, how it will be run, its cost, timeline and expected results (cl. 8.1).
  3. Submit it with the scheme’s application form to the NCDC Regional Office or Division, which checks eligibility first (cl. 8.1–8.2).
  4. NCDC appraises it technically and financially and decides the grant; money is released in instalments tied to progress, with up to 25% as an advance after sanction (cl. 8.3, 9.1–9.2).
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Applying is free. Never pay anyone to apply for you.

When to apply

The guidelines set no closing date.

Combining with other schemes

The documents do not say whether this can be combined with other schemes. Ask the implementing office before you count on both.

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