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CM Naveen Announces Interest-Free Loans Up To Rs 10 Lakh For Mission Shakti WSHGs

in State News February 27, 2024 Comments Off on CM Naveen Announces Interest-Free Loans Up To Rs 10 Lakh For Mission Shakti WSHGs 503 Views

Bhubaneswar:27/2/24: In a major decision that will benefit lakhs of Mission Shakti women of Odisha, Chief Minister Naveen Patnaik has announced that the Mission Shakti mothers will be provided loans of Rs 10 lakh without interest. Also, 5,000 Mission Shakti Bazaars will be set up in the state in the next five years.

Chief Minister Naveen Patnaik today inaugurated the Mission Shakti Bazzar in Bhubaneswar which will facilitate the marketing of the products produced by the Mission Shakti SHGs of the state. Speaking at the function, CM Naveen announced that interest-free loans of up to 10 lakh rupees will be given to the Mission Shakti mothers of the state. Similarly, Rs 730 crore will be given to 70 lakh women SHG members and 1.5 lakh Mission Shakti Leaders for the purchase of uniforms and blazers. In addition, the Chief Minister also released an amount of Rs 145 crore towards interest refund.

Inaugurating the Mission Shakti Bazaar, the Chief Minister said that 5,000 Mission Shakti Bazaars will be opened in the state in the next five years. This year, the mothers of Mission Shakti have received a loan of Rs 15,000 crore and in the next 5 years, they will be provided with loans worth Rs 75,000 crore.

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About Rs 145 cr was distributed as Interest Subvention directly to bank accounts of more than 2.75 lakh SHGs. In the last 5 years, Rs 925 cr has been returned to SHGs as interest subvention

The Chief Minister said that the state government is always working for the development of women. Mission Shakti mothers are associated with the making of a New Odisha. These mothers have now become SMEs from SHGs. Chief Minister Naveen Patnaik said that the mothers of Mission Shakti are partners in a transformed Odisha.

The products manufactured by the Mission Shakti members will now reach the homes through Mission Shakti Bazar. Customers will also have the facility to buy the products both online and offline. Various products produced by self-help groups of about 25 districts will be sold in the Bazaar. More than 1,000 products produced by the Mission Shakti mothers will be available in the Bazaar including brooms, sarees, cane work sofas, household items, millet products, Patta Chitra, Painting, Kandhamal turmeric etc

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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