Chhattisgarh women avail loans over 100 cr to launch businesses

Source: ANI

The authorities have achieved 133 per cent of success rate

Women in Chhattisgarh’s Rajnandgaon district have availed loans of Rs 107.75 crore to start various businesses. “These women are setting a new dimension by setting an example of self-reliance by joining the Chhattisgarh State Rural Livelihood Mission in Gauthans. Gauthans are established in the villages of the district as the Rural Industrial Parks. Through these loans, women in the district have bought machinery and are making various products in Gauthans,” said Taran Sinha, District Collector.

With the help of the administration, these products, which include spices, herbal colours, sandalwood, phenyl, soap, papad, pickle, poultry, wire fencing, cement pole and vermicompost are being sold across the state.

“So far, women of 6,557 self-help groups have taken the loan of Rs 107.75 cr. in this financial year. With this the authorities have crossed the target of Rs 80.74 cr and have achieved 133 per cent of success rate,” said the Collector.

He added that women entrepreneurs of the district are performing very well even with regards to the repayment of loans.

“The non-performing asset ratio of self-help groups in Rajnandgaon is three per cent whereas the state average is five per cent,” he added.

In a bid to give upgrade skills and boost incomes the State government is providing training under Chhattisgarh State Rural Livelihood Mission ‘BIHAN’.

“Trainers are visiting various districts and helping the local women with training and formation of self-help groups. In Rajnandgaon district, about 1,95,000 women from rural areas are doing economic activities by joining 17,914 self-help groups under the scheme,” he said.

Source: ANI, edited by Pihu Yadav