Assam govt rolls out second phase of women entrepreneurship support scheme

Nalbari, Aug 22: The Assam government on Friday launched the second phase of cheque distribution of the ‘Mukhyamantri Mahila Udyamita Abhiyan’, the state’s biggest women entrepreneurship support scheme.

Chief Minister Himanta Biswa Sarma rolled out the second phase from Nalbari, where 33,909 women members of self-help groups (SHGs) will receive financial assistance of Rs 10,000 each.

The scheme was launched on April 1 from the Behali assembly constituency.

Speaking on the occasion, Sarma said the scheme has been conceived as a means for strengthening the financial autonomy of women engaged in SHGs.

He said that Assam has nearly four lakh SHGs with an estimated 40 lakh women members, and the government has committed itself to providing Rs 10,000 to each member as seed support for entrepreneurial pursuits.

The CM said the amount can be used by the beneficiaries either individually, in partnership with family members or collectively with fellow SHG members.

A governmental review of fund utilisation would take place after one year.

Those who demonstrate effective use would receive Rs 25,000 in the second stage – of which Rs 15,000 would be contributed by the government and Rs 10,000 secured through bank linkage, Sarma said.

“Proper utilisation at that stage would, in turn, render beneficiaries eligible for loans up to Rs 50,000, with the state government covering interest liabilities and providing a 25-per cent subsidy,” he said.

Referring to the first phase of the ‘Mukhyamantri Mahila Udyamita Abhiyan’ launched at Behali, Sarma said reports of fund utilisation by beneficiaries had been largely positive.(PTI)

Hot this week

Pay hike of Assam ministers, MLAs likely as 3-member panel submits report

Full report likely by Oct 30 Guwahati Sept 25: There...

Meghalaya Biological Park Inaugurated After 25 Years: A New Chapter in Conservation and Education

Shillong, Nov 28: Though it took nearly 25 years...

ANSAM rejects Kuki’s separate administration demand, says bifurcation not acceptable

Guwahati, Sept 8: Rejecting the separate administration demand of...

Meghalaya man missing in Bangkok

Shillong, Jan 10: A 57-year-old Meghalaya resident, Mr. Treactchell...

Meghalaya’s historic fiber paves the way for eco-friendly products and sustainable livelihoods

By Roopak Goswami Shillong, Oct 25: From making earbuds to...

Joint team visits Langpih ahead of Assam polls

Boko, March 19: Ahead of the assembly elections in...

‘Arrested’ senior citizen in Tura an AI video: Police

Tura, March 19: West Garo Hills District Police have...

NEHU MSc Zoology research published in leading academic journals

Shillong, March 19: North‑Eastern Hill University MSc Zoology projects...

745 villages hit by storm, lightening till March 17: Govt

Shillong, March 19: Storms, hail and lightning since 13...

Real-time weather alert channel launched by IMD Shillong

Shillong, March 19: The India Meteorological Department’s Meteorological Centre...

Garo group condemns arrest of leaders over GHADC protest

Shillong, March 19: The Garoland State Movement Committee has...

LPG stocks sufficient, no need for panic: Admin 

Consumers facing issues with online booking urged to do...
spot_img

Related Articles

Popular Categories