On the occasion of International Women’s Day, the CM of MP will distribute a sum of ₹200 crore loan to women self-help groups as a gesture of motivating and appreciating the women of our country.

Chief Minister Shivraj Singh Chauhan will distribute bank loans of about ₹200 crore to members of women self-help groups formed under the State Rural Livelihoods Mission on International Women’s Day on Monday i.e., 8th March, 2021. Over six thousand women self-help group members will participate in this main event. The event is to be held at Motilal Nehru Stadium in the capital of Madhya Pradesh, Bhopal. The group members at the gram panchayat level in all the districts of the state will be virtually connected in the program.

Giving information about this event, the Public Relations Officer RS ​​Meena said that in the past, the Chief Minister has already disbursed the collective loan to self-help groups in virtual programs thrice. In this program, which is organized for the fourth time, Chief Minister Chouhan will also interact directly with the group members of some districts through video conference.

Panchayat and Rural Development Minister Mahendra Singh Sisodia and Minister of State Ramkhelavan Patel will also be present at the function. He informed that the Panchayats and Rural Development Department are benefiting the beneficiaries by organizing virtual programs continuously from the time of lockdown to strengthen the economic condition of rural families during the Coronavirus pandemic period.

A little about MP State Rural Livelihood Mission-

Through this mission, social and economic empowerment of women, members of poor families residing in rural areas is being done by linking them with self-help groups.  It is generally seen that people in rural areas are deprived of availing various schemes despite being eligible due to difficulty in documentation and other formalities in the banking services processes.

With a view to further simplify this process, the State Government has also resolved to provide adequate bank loans to self-help groups by establishing coordination with banks on a large scale.  In the same order, bank loans have been disbursed to self-help groups by the Chief Minister on September 20, November 23, 2020 and January 8, 2021.

Intensive monitoring and transparent process has been made with the submission of bank loan cases of the groups through software.  The target of annual bank loan disbursement of the groups in the year 2019-20 was ₹500 crore.

In this series, a total of 302 crore was distributed to more than 44 thousand groups till 31 March 2020.  In the year 2020-21, the target of annual bank loan disbursement of the groups has been increased to more than ₹1400 crore. Out of this, ₹1215 crore has been disbursed to more than ninety thousand groups.

Madhya Pradesh ranks first in the country in presenting and sanctioning online cases to self-help groups.  So far, through the livelihood mission, more than thirty six lakh fifty three thousand rural poor families have been provided financial assistance in the form of bank loans of ₹2616 crore linked to more than three lakh twenty two thousand self-help groups.