₹70,000-crore bank loans given to 12 lakh women

₹827 crore has been granted under various schemes to provide financial assistance for the weddings of 1.01 lakh women

March 02, 2024 08:02 am | Updated 08:02 am IST - Chennai

As many as 12 lakh women have been provided bank loans to the tune of ₹70,000 crore, since the M.K. Stalin government took charge in mid-2021. The loans had “boosted the self-confidence” of women, said an official release on Friday, highlighting various women-centric schemes of the DMK government.

A cost-benefit analysis on the ‘no ticket bus travel’ scheme titled ‘Vidiyal Payanam’, had shown that this had provided an opportunity for each beneficiary woman to save up to ₹888 a month. Cumulatively, till date, women have undertaken 445 crore bus trips under the scheme.

Besides, ₹827 crore has been granted under various schemes to provide financial assistance for the weddings of 1.01 lakh women, the release said.

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.