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000 CRORE TO SHGS
CM Joseph Vijay disburses Rs 3,000 cr credit to SHGs in Perundurai, sips tea, buys local craftsOn Tuesday, Tamil Nadu's Chief Minister Joseph Vijay announced a remarkable distribution of Rs 3,000 crore to self-help groups statewide. D...
Foragers to managers: Baran's Sahariya women exchange firewood for financial freedomSahariya tribal women in Rajasthan are transitioning from low-wage foraging to managing packaging units effectively. Mission Samarthya-Saks...
Arunachal Pradesh CM Pema Khandu sees big market for Arunachal’s farm, fisheries produceArunachal Pradesh Chief Minister Pema Khandu inaugurated a new agriculture information hub and farmers' hostel. He also flagged off e-vehic...
Shivraj Singh Chouhan seeks faster credit for women, meets banksUnion Minister Shivraj Singh Chouhan urged banks to expedite loan approvals for rural women entrepreneurs. He directed officials to enhance...
Tripura: 90,000 more women to be 'lakhpati' through SHGs by 2024-end, says CM"Our SHGs are doing excellent work in boosting the rural economy in association with credit linkage from various banks. So far, the banks h...
I-Day speech: PM Modi announces agri-drones for women self-help groupsAs per the plan, the recipients will also be given training to fly and repair the unmanned aerial vehicles. "We will train women in SHGs to...
Loan worth Rs 20 lakh crore disbursed under MUDRA scheme; Maha among major beneficiaries: PM ModiSelf-help groups (SHGs) in rural areas are being encouraged. In the last eight years, eight crore women working in SHGs have been provided ...
Centre launches initiative for women associated with SHGs to earn Rs 1 lakh per year"The focus will be on diversifying livelihood activities at the household level to realise the goal of an annual income Rs 1 lakh," the min...
Government plans more rural women-led Ajeevika StoresThe ministry is also considering partnering big e-tailers including Amazon, Snapdeal and Flipkart to expand Ajeevika stores online.
Centre to promote women SHG products to revamp village economyBy strengthening women self-help groups, rural poverty can be eradicated easily and overall development of village economy can be achieved.
Rural credit raised by self-help groups up 40% at Rs 30,000 crore in FY16The SHGs have mobilised credit of about Rs 70,000 crore since they were formed in 2011 to fund creation of social capital in villages that ...
Long term agriculture investment required to meet food demand: Arun JaitleyFinance Minister Arun Jaitley today said there is a need for long term investment in agriculture for meeting future food demands of the cou...
Self help groups losing sheen, loan defaults increase five timesSeveral SHG members have fallen prey to multiple financing while poor credit appraisal and monitoring by banks have also contributed to ris...
Govt to provide Rs 1,400 crore loan subsidy for rural women self-help groupsThe ministry of rural development on Monday said it will shell out Rs 1,400 crore to provide subsidised loans to women self-help groups in ...
United Bank of India raises overdraft limit for SHGs to Rs 1 lakhBanks in Andhra Pradesh have disbursed a total of Rs 15,000 crore to some 10 lakh SHGs, making the programme most successful in this state.
Women's self-help groups will get cheaper loans at 7% under NRLM"Under the current plan, the total expenditure in the current year will be around Rs 1,650 cr, of which Rs 1,400 cr will be borne by the ce...
- West Bengal govt ask banks to offer soft loans to SHGs
Self-Help Groups in West Bengal haven't had it this good in years. The West Bengal govt has asked banks operating in the state to offer sof...
- SBI Life launches insurance schemes for SHGs
SBI Life Insurance Company, a subsidiary of the State Bank of India, has launched 'Grameen Shakti' scheme for SHGs in Tamil Nadu and Puduch...
- Govt promises more funds for education, agri sectors
The Union government is committed to ensuring increased credit flow into key sectors of the economy, be it education or agriculture, financ...
- Banks chase self help groups to meet rural targets
With most banks expanding their rural operations, there could be a case of too much credit chasing too few targets like the self-help group...