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CM announces loan for SHG groups at zero percent interest

 

Puri: Chief Minister Naveen Patnaik today announced interest free loan for women self help groups.

Attending at the State-level Mission Shakti convention in Puri, Patnaik announced loan at zero per cent interest for SHGs.

He said that women SHGs will get get ‘seed money’ of Rs 15,000, Rs 3,000 for smartphones and Rs 25 lakh assistance for block-level federations.

The Mission Shakti is an initiative launched in 2001 aiming at economic empowerment of women by forming SHGs and providing them with loans through banks at low interest rate to take up various livelihood opportunities.

The convention also witnessed distribution of cash among block level federations of women SHGs and incentives to anganwadi workers and helpers.

 

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