TAMIL NADU

Scheme for assistance to self-help groups

NEW SCHEME: Members of women self-help group engaged in manufacturing bio-degradable plates from palm leaves at Chinna Iyankulam near Kancheepuram. — Photo: A. Muralitharan

NEW SCHEME: Members of women self-help group engaged in manufacturing bio-degradable plates from palm leaves at Chinna Iyankulam near Kancheepuram. — Photo: A. Muralitharan  

The World Bank-aided project will cover 3.50 lakh families in 15 districts and 2,329 village panchayats

V. Venkatasubramanian

KANCHEEPURAM: : The State Government is implementing `Puthuvazhvu', or the Tamil Nadu Empowerment and Poverty Reduction Project, for giving economic assistance to self-help groups.

The new scheme, to be funded by the World Bank, will cover 3.50 lakh families living below the poverty line in 15 districts. The SHGs need not be under the Swarnajayanthi Gramin Swarojgar Yojna. But the existing groups, expecting assistance through SGSY, are also eligible for loans under `Puthu vazhvu'.

A total of 2,329 village panchayats, with an average of 150 poor families in each, will be brought under this project to be implemented in four phases in Kancheepuram, Tiruvallur, Coimbatore, Cuddalore, Nagapattinam, Namakkal, Ramathapuram, Salem, Theni, Tiruvannamalai, Tiruvarur, Tirunelveli, Tuticorin, Vellore and Villupuram districts.

The project is aimed at increasing the investment capacity of SHG members from the present Rs.13,590 to Rs.24,000.

A sum of Rs. 200 crores will be set aside as village poverty reduction committee fund for being used for forming new SHGs and reviving the defunct groups. A livelihood fund of Rs.300 crores will be set up to help the SHGs take up economic activities on a large scale.

Recommended for you