CM Shri Chouhan to deposit Rs 150 crore in SHGs accounts on November 23

22 Nov 2020

In the order of “Empowered Women Atmanirbhar Madhya Pradesh”, Chief Minister Shri Shivraj Singh Chouhan will distribute bank loan of Rs 150 crore to the members of self-help groups formed under the State Rural Livelihood Mission on November 23. Chief Minister Shri Chouhan will also hold discussions with the beneficiaries of various districts. Panchayat and Rural Development Minister Shri Mahendra Singh Sisodia and Minister of State Shri Ram Khelavan Patel will also participate in this virtual programme.

Additional Chief Secretary Panchayat and Rural Development Department Shri Manoj Shrivastava informed that women members belonging to poor families residing in rural areas are being connected with self-help groups under Madhya Pradesh State Rural Livelihoods Mission for their social and economic empowerment. Mostly it is seen that people in rural areas are deprived of availing the schemes despite being eligible due to difficulties in documentation and other formalities in the banking service processes. In order to further simplify this process, the state government has also established extensive coordination with banks. Now self-help groups are being provided loans easily.

Additional Chief Secretary informed that Rs 150 crore have been disbursed to the groups by Chief Minister Shri Chouhan on September 20, 2020, in the form of bank loans. He informed that along with presenting the bank loan cases of the group through software, intensive monitoring and transparent process has been ensured. The target of annual bank loan disbursement to the groups has been increased to Rs 1400 crores. Financial assistance in the form of bank loan of Rs 1865 crore has been provided to more than 33 lakh poor rural families through Livelihood Mission by connecting them to more than three lakh self-help groups so far