PM to transfer Rs. 1000 crore to SHGs benefitting around 16 lakh women members
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Narendra Modi will visit Prayagraj on 21st December 2021 and participate in a one of its kind programme that will be attended by over 2 lakh women, at around 1 PM.The programme is being held as per the vision of the Prime Minister to empower women, especially at the grassroot level, by providing them with necessary skills, incentives and resources. In this endeavour to support women, the Prime Minister will transfer an amount of Rs. 1000 crore in the bank account of Self Help Groups (SHGs), benefitting around 16 lakh women members of the SHGs. This transfer is being done under the Deendayal Antyodaya Yojana - National Rural Livelihood Mission (DAY-NRLM), with 80,000 SHGs receiving Community Investment Fund (CIF) of Rs. 1.10 lakh per SHG and 60,000 SHGs receiving Revolving Fund of Rs. 15000 per SHG.