Shgs/ Federations/ Women Farmer.
The self help groups Shgs.
Question(18) Many times we read about Shgs in financial newspapers.
Provide loans to women Shgs at 7 per cent: RBI to banks.
Around 900 women in
the project area have been organised into 79 self-help groups(Shgs).
It has integrated 8.8
million women from poor rural households into 7.5 lakh self-help groups(Shgs).
Around 15,000 Shgs have helped women pool savings
and connect to the formal banking network.
RBI asks banks to provide loans to women Shgs in rural areas at 7%.
The ministry is focusing on women self-help groups(Shgs) and to connect them to micro-credit.
Considering the potential of Shgs, banks shall closely monitor the progress
regularly at various levels.
The women self-help groups(Shgs) will also be engaged and trained for the implementation of programme.
Shgs can avail either Term loan
or a CCL loan or both based on the need.
Shgs with a good track record/ repayment, which is in existence for more than 2 years.
In last few years,
I have visited several villages in Nalanda and formed self-help groups(Shgs) of women.
This scheme will help lakhs of
families as most of these families are already working with Shgs.
Alongside, efforts will be made to encourage
usage of biofuels, with initiatives like advertisements and self-help groups(Shgs).
This would expand the market for weavers,
rural artisans and craftsmen, Shgs, rural entrepreneurs, and farmers' producer organisations.
Under the Jeevika scheme, 10 lakh Self Help Groups(Shgs) and 15,000 Village Organisations will be set up.
These Shgs need not necessarily have already availed of credit facilities from
banks before opening savings bank accounts.
The project has recruited more
than 8.8 million women from poor rural section households into self-help groups(Shgs) of 750,000.
In several villages, these Shgs now manage the mid-day meal provided
in local state schools under a government program.
Odisha government's partnership with Facebook aimed to reduce the digital divide and
empower nearly 25,000 women entrepreneurs and Shgs.
AMRAO PARI: A book on successful SHG entrepreneur was
published in Bengali and distributed to different Panchayat and Shgs.
Documentation: A simple system
requiring minimum procedures and documentation is a precondition for augmenting flow of credit to Shgs.
All existing, eligible Shgs in Community Managed Sustainable Agriculture villages spread over 304 mandals
of A. P shall be covered.
Because of its informal and simple structure,
women, particularly rural women, have found it convenient to associate themselves with Shgs.
The partnership aimed to reduce the digital divide and
empower nearly 25,000 entrepreneurs and Shgs over the next one year.
These kitchens are run by women Self-Help Groups(Shgs) who undertake the cooking process under the guidance of Akshaya Patra.
All women Shgs will be eligible for interest subvention
on credit up to 3 lakh rupees at 7% per annum.
In the first phase, Shgs would be engaged as Banking Correspondents
in around 1,000 remote Gram Panchayats having no banking facilities.