Rs. 50 crore revolving fund for Ariyalur SHGs

December 04, 2009 07:20 pm | Updated 07:22 pm IST - ARIYALUR

The State Government has fixed a target to disburse revolving fund Rs.50 crore to the women self help groups (SHGs) in Ariyalur district during the current year against Rs.40 crore disbursed last year for various income-generating economic activities in the ditrict, said T. Udhayachandran, Managing Director of Tamil Nadu Corporation for Development of Women Ltd, here on Friday.

Addressing a meeting after reviewing the progress of economic development activities of the women SHGs with the Collector T.Abraham and development officials, Mr. Udhayachandran said that about Rs.2,400 crore to Rs.2,500 crore would be provided as revolving fund to the women SHGs during the current year in the State to enable the SHGs to start viable income-generating units against Rs.2,174 crore disbursed last year.

He said that Government officials, representatives from voluntary organisations and non-governmental organisations must participate in the meetings organised by the lead bank in the district. The Government officials have the responsibility to create awareness among the women SHGs for starting feasible and profitable units.

Mr Udhayachandran also interacted with the members of a few SHGs in Ariyalur and also at Eruthukaranpatti panchayat and suggested for various improvement in their activities. Several officials including Magalir Thittam project officer Vasanthi, panchayat union block development officers and others attended the meeting.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.