Odisha Government sanctioned Rs 231 cr interest waiver on Women SHGs loan #Odisha #News
Odisha Government sanctioned Rs 231 cr interest waiver on Women SHGs loan
The Odisha government on Monday sanctioned Rs 230.55 crore from the State Plan fund for waiver of interest on loans provided to Women Self Help Groups (WSHG).
A total of 5.90 lakh WSHGs will get the benefit between 2013-14 to 2016-17 fiscal for economic development programmes.
Altogether 1.10 lakh WSHGs will get the benefit in the 2013-14, 1.35 lakh in 2014-15, 1.6 lakh in 2015-16 and 1.85 lakh WSHGs in 2016-17, an official statement said after approval of the proposal by Chief Minister Naveen Patnaik.
The state government also sanctioned Rs 24.49 crore for Mission Yuva Shakti of which Rs 15.86 crore was earmarked for micro enterprise, Rs 5.02 crore for exposure tours of SHG members and panchayat representatives and Rs 2.19 crore for payment of honorarium to volunteers of Adarsh Gram Vikash and finance literacy. PTI