Chhattisgarh Rajnandgaon women benefit from loans over 100 cr and start businesses – ThePrint

Rajnandgaon (Chhattisgarh) [India]Mar 08 (ANI): Setting an example of self-reliance and financial independence, women in Rajnandgaon district of Chhattisgarh have availed loans of Rs 107.75 crore to start various businesses.

“These women are taking a new step in setting an example of self-reliance by joining the Chhattisgarh State Rural Livelihood Mission in Gauthans. Gauthans are established in the villages of the district under the name of Rural Industrial Parks. With these loans, women in the district have purchased machinery and are making various products in Gauthans,” said Taran Sinha, District Collector.

With the help of the administration, those products which include spices, herbal dyes, sandalwood, phenyl, soap, papad, pickle, poultry, metal fences, poles cement and vermicompost are sold statewide.

In addition, the people of the district are also engaged in goat herding, fish farming, mushroom production, and making bamboo handicrafts.

“So far, women from 6,557 self-help groups have taken out the loan of Rs 107.75 cr. in this exercise. With this, the authorities crossed the target of Rs 80.74 cr and achieved 133% pass rate,” the collector said.

He further stated that women entrepreneurs in the district are performing very well even when it comes to loan repayments.

“The self-help group non-performing asset rate in Rajnandgaon is 3% while the state average is 5%,” he added.

In a bid to upgrade skills and increase incomes, the state government provides training under the Chhattisgarh State Rural Livelihood Mission “BIHAN”.

“Trainers visit various districts and help local women form and form self-help groups. In Rajnandgaon district, about 1,95,000 rural women are engaged in economic activities by joining 17,914 self-help groups under the Bihan scheme,” he said.

Regarding the engagement of women in banking, the District Collector said that in Rajnandgaon, about 147 Bank Sakhis provide banking services to the general public in the village. So far, Rs 195 crore has been channeled to the people through Bank Sakhis this financial year. (ANI)

This report is generated automatically from the ANI news service. ThePrint declines all responsibility for its content.

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