State sanctions ₹523 cr. for SHGs; schools may reopen after Diwali

October 08, 2020 01:02 am | Updated 01:02 am IST - Mumbai

The Maharashtra Cabinet on Wednesday sanctioned ₹523 crore for a scheme called ‘Nav Tejaswini’ to revitalise women self-help groups (SHGs) in the State.

This is the first new scheme, in the backdrop of the COVID-19 pandemic, which has received monetary sanction from the State government.

“‘Nav Tejaswini’ scheme is an ambitious step from the State Women and Child Welfare Department, which is aimed to benefit over 10 lakh rural women by helping them financially and promote entrepreneurship among them,” Yashomati Thakur, Women and Child Welfare Minister, said.

The International Fund for Agricultural Development (IFAD) will be giving ₹334 crore while the State government will be investing ₹189 crore, Ms. Thakur said. IFAD is an international financial institution and a specialised agency of the United Nations that works to address hunger and poverty in rural areas of developing countries. Ms. Thakur said that Mahila Arthik Vikas Mahamandal will be handling the scheme under which employment opportunities will be made available to rural women SHGs. The scheme will provide loans at a minimum interest rate.

Maharashtra is unlikely to open schools from October 15. The State Cabinet discussed the issue and according to sources, the State may allow schools to reopen only after Diwali.

Chief Minister Uddhav Thackeray has directed the Education Department to make a presentation on the ongoing online education in schools and the possibility of reopening schools.

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.