India, March 30 -- The Government of India has issued a release:
Reserve Bank of India (RBI) endeavours to maintain sufficient liquidity in the banking system to ensure that the productive requirements of the economy including rural sector are met and transmission to market rates remains robust.
The Government has taken various measures to ensure uninterrupted credit flow for rural development initiatives, including SHGs, which inter-alia include:
o Training support to SHGs for onboarding onto E-Commerce platforms/ Open
Network for Digital Commerce (ONDC)/ social media platforms
o Skill upgradation for women led microenterprises through "m-Suwidha"
o Support for training and capacity building of microfinance clients through
Financial Inclusion Fund (FIF) of NABARD
o Tribal Development Programme wherein activities such as SHG formation, health and sanitation camps, training on microenterprise development, etc. are supported.
This information was given by the Minister of State in the Ministry of Finance Shri Pankaj Chaudhary in Lok Sabha today.
Disclaimer: Curated by HT Syndication.
