Updated By: LatestGKGS Desk
Saksham Yojana: Chhattisgarh Government reduced interest on loan given to women
Chhattisgarh Government reduced interest on loan given to women under Saksham Yojana
State Government of Chhattisgarh has reduced the rate of interest on the loan to women and their self-help group under Saksham Yojana.
The rate of the interest on the loan has been cut from 6.5 percent to 5 percent to benefit more women and their SHGs under this Yojna.
The decision was taken by Ramsheela Sahu who is the State’s Women and Child Development Minister.
Ramsheela Sahu has taken the decision while chairing a meeting of the governing body of Chhattisgarh Mahila Kosh (CMK) at Raipur.
The initiative will allow the women and SHGs to easily avail the loan facility for self-employment and therewith become self-dependent.
Governing body of Chhattisgarh Mahila Kosh (CMK)
Chhattisgarh Mahila Kosh (CMK) is operated by Chhattisgarh’s women and child development to disburse easy-term loan to woman and CMK.
Under various schemes of CMK, the loans worth Rs. 1.04 Cr have already been disbursed to about 279 SHGs in the current fiscal year 2017-18 till September.
Aside from this, under the Yojan, loans worth Rs. 17 lakh have been distributed to about 111 SHGs during the same period.
Under the scheme, a loan worth Rs 2.33 Cr was sanctioned to 407 SHGs in the previous fiscal.