The Chief Minister of Odisha Naveen Patnaik recently announced that Odisha will be the first state to have an exclusive department for Self Help Group (SHGs) called “Mission Shakti”. In addition to this exclusive department, the state government has also introduced an independent Nutrition Budget focusing on the nutritional enhancement of all mothers and children ..
Self-help group: GK, Current Affairs, Questions, Trivia and News
On 12th October 2019, the SARAS Aajeevika Mela has been organised by the Ministry of Rural Development at India Gate Lawns in New Delhi and will carry on till October 23. It was formally inaugurated by Rural Development Minister Narendra Singh Tomar. The aim of this SARAS Mela to bring the rural women Self Help ..
Government e Marketplace (GeM) signs pact with SIDBI to enable growth of MSMEs, Start-ups and Women Entrepreneurs
The Government e Marketplace (GeM) has signed an MoU with Small Industries Development Bank of India (SIDBI) to benefit MSMEs, women entrepreneurs, Self Help Groups (SHGs), Women Self Help Groups (WSHGs) and various loan beneficiaries under MUDRA and Stand-up India scheme. The MoU will enable promotion of special initiatives of GeM like Womaniya and Start-up ..
On 4th March 2019, the World Bank (WB) and the Government of India (GoI) has signed a $250 million loan agreement for the National Rural Economic Transformation Project (NRETP) to boost Rural Incomes across 13 States in India. The loan will help women in rural households develop viable enterprises for farm and non-farm products. The ..
Repco Micro Finance Ltd (RMFL), a non-banking finance company promoted by Repco Bank, has won the 2018 NABARD award for its service to Self-Help Group (SHG) linkage in Tamil Nadu for the fiscal year 2017-18. Since its inception, the NBFC has disbursed loans amounting to Rs 2,500 crore to over 10 lakh beneficiaries through 50,000 ..
Andhra Bank has launched a new scheme “Pattabhi Sitaramayya — Self Business Group (PS-SBG)” on November 21, 2017 to encourage entrepreneurship. The scheme was launched to commemorate the 138th birth anniversary of its founder Bhogaraju Pattabhi Sitaramayya, and the Silver Jubilee of the SHG-Bank linkage programme in the country. Under the scheme, maximum financial assistance ..
The Government of India will soon launch a new sub-scheme named “Aajeevika Grameen Express Yojana (AGEY)” as part of the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM). Initially, AGEY will be implemented in 250 Blocks in the country on pilot basis with each Block provided upto 6 vehicles to operate the transport services. ..
With the aim to expand the reach of insurance in the country, the Insurance Regulatory and Development Authority (IRDA) has suggested to permit owners of kirana shops, fair price shops, medical shops, petrol pumps, individual Public Call Office (PCO) to sell micro insurance products. As per the IRDA’s exposure draft on Micro Insurance Regulations, the ..