Q. With reference to Project E-Shakti, consider the following statements: - It has been launched by the National Bank for Agriculture and Rural Development (NABARD).
- It aims at digitisation of all Self Help Groups (SHGs) in the country.
- It is primarily focused on providing direct credit to large corporates.
- It was initiated under the Ministry of Micro, Small and Medium Enterprises (MSME).
Which of the statements given above is/are correct?
Answer:
Only 1 and 2
Notes: Project E-Shakti was launched by NABARD with the objective of digitising all Self Help Groups (SHGs) across the country. It is not meant to provide credit to large corporates nor was it initiated under the Ministry of MSME. It aims to leverage technology for better tracking and empowerment of SHGs.