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Tamil Nadu
Lend Rs. 28 crore to SHGs: Collector
L. Renganathan
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Achieve the target: Venkatesh
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ENCOURAGING: Collector T.N. Venkatesh inaugurating an orientation programme on extending credit to women self-help groups in Karur on Thursday.
KARUR: Banks in the district should try to extend Rs. 28 crore as credit under various heads to the women self help groups during the current year, Collector T.N. Venkatesh urged the bankers at a meeting here on Thursday.
Speaking at an orientation programme for bankers on guidelines for extending loans under Swaranjayanti Gram Swarojgar Yojana (SGSY) and other schemes, Mr. Venkatesh said that bankers should achieve the target of extending Rs. 28 crore credit to the SHGs by sanctioning credit to 2,500 groups through direct linkage, economic development assistance and through TAHDCO schemes.
So far during the current year, a sum of Rs. 8 crore has been disbursed as credit to the SHGs. Bankers should take efforts to complete the target disbursal expeditiously, he added.
In Karur district, a total of 8,250 SHGs comprising 1,31,112 members were functioning and the State Government was taking concerted steps to ensure their uplift by implementing various schemes, he said.
Through the Mahalir Thittam it has been planned to extend revolving fund to 1,555 groups during the year apart from a subsidy-cum-grant of Rs. 10,000.
Grading of the SHGs would be undertaken every month and, based on that, credit would be extended.
Bankers could extend credit for a composition of 75 per cent to groups accredited with the Mahalir Thittam and the remaining 25 per cent of the groups could be out of the Mahalir Thittam fold.
In the past few months, it has been found that a couple of banks were lagging behind in extending loan to the SHGs.
Project Officer, Mahalir Thittam, S. Ayyaru, SGSY Senior Trainer Ashok Kumar belonging to Coimbatore, NABARD Assistant General Manager Sankaranarayanan, and Lead District Manager K. Chandrasekaran, participated.
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