Minister Vanni Arasu disburses ₹70.14 crore to SHGs in Kallakurichi
The financial assistance aims to improve women's livelihoods and promote entrepreneurship under the Tamil Nadu State Rural and Urban Livelihoods Mission.
Tamil Nadu Minister for Social Justice Vanni Arasu disbursed ₹70.14 crore in financial assistance to 633 women Self-help groups (SHGs) at Kallakurichi on Wednesday, according to The Hindu.
The funds were provided under various livelihood schemes. Of the total amount, ₹68.51 crore in bank linkages was given to 584 SHGs.
Additionally, 35 women entrepreneurs received individual loans worth ₹34.89 lakh, while 82 beneficiaries were provided ₹35.25 lakh under the rural entrepreneurship scheme.
Minister Arasu said the assistance aims to improve women's livelihoods and promote entrepreneurship under the Tamil Nadu State Rural and Urban Livelihoods Mission.
Arasu stated that the district administration is taking steps to market products manufactured by women SHGs and is facilitating group loans, individual loans, and other financial assistance.
The Minister urged SHG members to use the livelihood schemes effectively to strengthen their business ventures. Collector J.E. Padmaja and senior officials were present at the event.