Chhattisgarh government reduces interest on loan under Saksham Yojna

Chhattisgarh government has reduced the rate of interest on loan given to women and their self help groups- under Saksham Yojna from 6.5 per cent to 5 per cent. AIR correspondent reports that the rate of interest on loans given to them has been cut from 6.5 per cent to 5 per cent to benefit more and more women and womens SHGs under Saksham Yojna,in Chhattisgarh.

States Women and Child Development Minister Ramsheela Sahu took decision in this regard, while chairing a meeting of the governing body of Chhattisgarh Mahila Kosh. The initiative will allow the women and SHGs to easily avail the loan facility for self-employment and thereby become self-dependent.

The Chhattisgarh Mahila Kosh is operated by state’s women and child development department to disburse easy term loans to women and SHGs.