PM Modi has released ₹1,625 crores for women entrepreneurs and declared that the loan limit for self-help groups (SHGs) have been raised from ₹10 lakh to ₹20 lakh.
The Prime Minister was participating in the ‘Atmanirbhar Nari Shakti se Samvad’ program through video conferencing with PM where he spoke to members of women’s SHGs associated with Deendayal Antyodaya Yojana-National Rural Livelihood Mission (DAY-NRLM).
According to PMO, DAY-NRLM aims to mobilize rural poor households into SHGs in a phased manner and provide them long-term support to improve their incomes and quality of life.
“To increase the scope of entrepreneurship among women, a big financial help has been released for more participation in the resolve of self-reliant India. Be it food processing enterprises, women farmer producers association, or other self-help groups, more than ₹1,600 crores has been sent to lakhs of such groups of women,” Modi said.