PM Modi to release Rs 1625 crore to four lakh Self Help Group members tomorrow
This funding will be done under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission
Prime Minister Narendra Modi will on Thursday release capitalization support funds of Rs 1625 crore to over four lakh Self Help Group members during an interaction with them via video conferencing, a statement issued by the PMO said on Wednesday.
In addition, the Prime Minister will release Rs. 25 crore as seed money for 7500 SHG members under the PMFME (PM Formalisation of Micro Food Processing Enterprises) Scheme of Ministry of Food Processing Industries and Rs. 4.13 crore as funds to 75 FPOs (Farmer Producer Organizations) being promoted under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM).
During the event, a compendium of success stories of women SHG members from all across the country, along with a handbook on universalization of farm livelihoods will also be released by the Prime Minister.
DAY-NRLM aims at mobilizing rural poor households into Self Help Groups (SHGs) in a phased manner and provide them long-term support to diversify their livelihoods, improve their incomes and quality of life.
Most of the mission’s interventions are being implemented and scaled up by the SHG women themselves who are trained as community resource persons (CRPs) – Krishi Sakhis, Pashu Sakhis, Bank Sakhis, Bima Sakhis, Banking Correspondent Sakhis.
The Mission is also working on empowering the SHG women through awareness generation and behaviour change communication on issues like domestic violence, women’s education and other gender related concerns, nutrition, sanitation, health etc.