Ministry of Social Justice & Empowerment
From Diploma to Flour Mill Entrepreneur: Tamil Nadu’s Akalya’s Journey to Self-Employment
PrelimsMainsGS2GS3EconomySocial JusticeGovernment Schemes
Source-grounded summary
Smt Akalya from Krishnagiri district, Tamil Nadu, overcame employment challenges after completing her diploma by establishing a home-based flour mill (atta chakki). Financial assistance of Rs. 1,80,000 was provided under the Term Loan Scheme of the National Scheduled Castes Finance and Development Corporation (NSFDC) through Tamil Nadu Grama Bank on January 20, 2025, at a 6% annual interest rate. This affordable finance and timely support enabled her to become self-employed, earn a livelihood, and support her family comfortably.