U.P. deputy CM announces ₹50 cr revolving fund for women self-help groups

The revolving amount announced by the deputy CM will be distributed to self-help groups in Prayagraj, Fatehpur, Kaushambi, and Pratapgarh districts.

PRAYAGRAJ Deputy chief minister Keshav Prasad Maurya on Tuesday announced a revolving fund of ₹50.53 crores for 3,264 women self-help groups at a programme held at the zila panchayat auditorium in Prayagraj. Besides, he also extended the benefits of community investment to the women members of these groups.

Through the fund, women will receive loans with easy installments. (HT Photo)

Speaking on the occasion, he said, “Women are doing better in every field. They have established themselves as bank sakhis and vidyut sakhis, making the best use of the opportunities provided to them by the central and state governments.”

The revolving amount announced by the deputy CM will be distributed to self-help groups in Prayagraj, Fatehpur, Kaushambi, and Pratapgarh districts. Through the fund, women will receive loans with easy installments. This will help them start their own business.

During the event, the deputy CM also felicitated Baroda Uttar Pradesh Gramin bank branch manager Sushil Kumar for his outstanding performance. Apart from him, he also honoured bank sakhis, vidyut sakhis, and MGNREGA personnel for outstanding contributions.