Shri Shivraj Singh Chouhan Reviews SHG-Bank Linkages, Lays Out Credit Roadmap for Women Entrepreneurs
Union Minister for Rural Development Shri Shivraj Singh Chouhan chaired a high-level meeting in Mumbai to review Self-Help Group-bank linkages and individual enterprise financing under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM). The government has set a target of doubling the Lakhpati Didi count from 3 crore to 6 crore, backed by a credit roadmap allocating ₹10 lakh crore for SHGs and ₹1 lakh crore for individual women entrepreneurs over five years. The meeting addressed ground-level challenges such as loan approval delays, low credit limits, and branch-level difficulties, and announced time-bound mechanisms including quarterly virtual and half-yearly physical reviews, a dedicated helpline, and enhanced bank-level sensitisation under the Financial Inclusion 2.0 vision.