Rs. 124 Cr disbursed to SHGs to ensure financial stability for women: Meghalaya Govt.

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Shillong: Meghalaya Chief Minister Conrad Sangma today said that the Meghalaya Democratic Alliance (MDA) Government is implementing schemes of the past governments in the State with a renewed commitment to ensure that the benefits reach the people, and has disbursed Rs 124 crore in the last three-and-a-half years to self-help groups (SHGs) to enhance the livelihood of women and ensure their financial stability.

He said that the MDA Government institutionalized the SHG movement in the State with the objective to make the women’s groups the “front end” of the Government. SHGs can create miracles in the State, change the dynamics of livelihood, health, and education sectors, he said.

“In the last three-and-a-half years, the MDA Government has distributed 124 crores to SHGs through the tonal Rural Livelihood National Mission. From Rs 35. crore in the ten years (prior to 2018) to Rs 124 crore in three-and-a-half years (since the MDA came to power).

In 10 years loans amounting to Rs 12 crore were distributed, while in the last three-and-a-half years loans amounting to Rs 66 crore were distributed in the State, Sangma said at an SHG mela in West Jaintia Hills district.

The MDA Government. aims to improve the efficiency and delivery mechanism of governance. It has ensured that its schemes reach more people through efficient delivery “We have ensured that the efficiency level has gone up which has enabled us to help lakhs of people,” he added.

Sangma distributed loans of Rs 82 lakh to 82 SHGS sanctioned by the Meghalaya Rural Bank (MRB), the nodal bank for implementation of the National Rural Livelihood Mission (NRLM) in the State.

During the programme, the Chief Minister distributed Rs 56.5 lakh of Community Investment Fund to 11 Village Organisations (VOS) for 113 SHGs, besides Rs 15 lakh from the Vulnerability Reduction Fund to 15 VOS.

Source- PTI