Modi To Transfer Rs 1,000 Cr To 1.6 Lakh Shgs In Up

Modi to transfer Rs 1,000 cr to 1.6 lakh SHGs in UP

Lucknow, Dec 19 : Prime Minister Narendra Modi will on Tuesday transfer Rs 1,000 crore into the accounts of 1.60 lakh self-help groups (SHGs) and Rs 20.20 crore to 1.01 lakh beneficiaries of the Mukhya Mantri Kanya Sumangala Yojana in Uttar Pradesh.

 Modi To Transfer Rs 1,000 Cr To 1.6 Lakh Shgs In Up-TeluguStop.com

He will also lay the foundation stone of 202 supplementary nutrition manufacturing units when he visits Prayagraj on Tuesday.

According to the government spokesman, about 80,000 SHGs will receive Community Investment Fund at Rs 1.10 lakh each and 60,000 SHGs will get Rs 15,000 each as revolving fund.

The Prime Minister will then transfer Rs 20.20 crore to 1.01 lakh beneficiaries of Mukhya Mantri Kanya Sumangala Scheme under which conditional cash transfer is made to a girl’s account at various stages, with each being entitled to Rs 15,000 in total.

“So far, 9.92 lakh girls have benefitted and after fund transfer on Tuesday, 1.01 lakh more beneficiaries will be added.The Prime Minister will also transfer monthly stipend of Rs 4,000 to 20,000 banking correspondent sakhis,” a spokesman said.

The state government aims to employ a banking correspondent sakhi in all 58,189-gram panchayats.

So far, 56,875 women have been selected, out of which 38,341 have been trained and certified.

In another programme, the Prime Minister will lay the foundation stone of 202 supplementary nutrition manufacturing units.

The cost of each unit is approximately Rs 1 crore.The units are being funded by SHGs and will employ 4,000 members and benefit 60,600 SHGs by paying against their equity.
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Modi will transfer Rs 1000 cr to 1.6 million SHGs in UP

Each unit costs approximately Rs 1 crore.These units will be funded by SHGs.

They will provide employment for 4,000 people and 60,600 benefits to SHGs through the repayment of their equity.


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Disclaimer : TeluguStop.com Editorial Team not involved in creation of this article & holds no responsibility for its content..This Article is Provided by IANS, Please contact IANS if any issues in Article .


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