Loan target fixed for women SHGs

Coimbatore: District Collector P. Umanath has announced that Rs. 95 crore has been fixed as the target for extending loans to women self-help groups in the district during the fiscal 2010-2011.

Speaking at the district-level bankers’ meeting held at the Collector, Dr. Umanath said that last year, the financial assistance for women self-help groups was utilised well and extended his appreciation to the bankers for the performance. The Central Government has directed for extending banking services in villages that had a population of more than 2,000. Hence, bankers should gear up for the same before March 2011.

The Collector also instructed the bankers to speed up the processing of loan applications under the Prime Minister’s Employment Generation Scheme, THADCO, Urban and Rural Employment Schemes and for education loan disbursement.

Reference Link
http://www.hindu.com/2010/05/01/stories/2010050158780200.htm

Courtesy
The Hindu