Union Minister of Rural Development & Panchayati Raj, Shri Giriraj Singh says the Ministry is exploring the idea of creating a Women SHG (Self Help Group) Bank to fund the innovative ideas and products of Didis to financially empower them thumbnail
Union Minister of Rural Development & Panchayati Raj, Shri Giriraj Singh says the Ministry is exploring the idea of creating a Women SHG (Self Help Group) Bank to fund the innovative ideas and products of Didis to financially empower them
www.pib.gov.in
in May, 2014 when Modi took charge, there were 2.35 Crore SHG members, but with a focused approach to empower rural poor women in the last 9 years, the number of SHG members has swelled to more than 9 Crore and will touch 10 crore members by 2024. the cumulative loan to SHGs was about Rs 80.000 cror
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  • in May, 2014 when Modi took charge, there were 2.35 Crore SHG members, but with a focused approach to empower rural poor women in the last 9 years, the number of SHG members has swelled to more than 9 Crore and will touch 10 crore members by 2024.
  • the cumulative loan to SHGs was about Rs 80.000 crore before 2014 and now the bank linkage has crossed over 6.25 lakh crore in the last 9 years, with an NPA of just 2.08%. He said, efforts are on bring the NPA to less than one percent.
  • NRLM has been undertaking several efforts in supporting businesses run by rural SHG women that are engaged in producing food products, handicrafts and hand-loom etc.
  • As part of the efforts to connect producers to markets, NRLM and SRLMs have taken steps to promote curated products from SHGs and SHG member entrepreneurs through multiple channels such as Saras Gallery, State specific retail outlets, e-Commerce platforms like GeM, Flipkart, Amazon.
  • MoRD signed an MoU with Meesho, an e-commerce platform from Bengaluru, to expand the marketing options of Women SHGs.

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