Odisha govt announces Rs 5 lakh interest-free loan to women SHGs

Prameyanews English

Published By : Prameya News Bureau | November 29, 2022 IST

Bhubaneswar, Nov 29: Odisha Chief Minister Naveen Patnaik on Tuesday announced to provide interest-free loan for women self help groups (SHGs) up to Rs 5 lakh from the existing Rs 3 lakh. It will be implemented retrospectively from April, 2022. The Chief Minister said the state government has taken steps to provide Rs 50,000 crore loan to the women SHGs in next five years. With this, the women SHGs will establish themselves as successful entrepreneurs, he said. He said the state government has provided business of Rs 4000 crore to the women SHGs in three years and loan of over Rs 17000 crore in five years. The state has six lakh SHG groups having over 70 lakh women.

News7 Is Now On WhatsApp Join And Get Latest News Updates Delivered To You Via WhatsApp

You Might Also Like

More From Related News

Copyright © 2024 - Summa Real Media Private Limited. All Rights Reserved.