Interest-free loans for women self-help groups: Patnaik

Interest-free loans for women self-help groups: Patnaik

Odisha Chief Minister Naveen Patnaik. PTI file photo

Odisha Chief Minister Naveen Patnaik on Saturday announced interest-free loans of up to Rs 3 lakh for the women self-help groups (WSHGs) in the state.

He said this while addressing the "Mission Shakti" convention here, which was attended by about 50,000 women from different parts of the state.

There are around six lakh WSHGs in Odisha.

"I am glad to make this announcement that you (WSHGs) will be getting loans at zero per cent interest," the chief minister said, adding that the initiative would benefit about 70 lakh women.

He also distributed financial assistance of Rs 3,000 each to six lakh WSHGs as part of the state government's efforts to digitally empower women.

During the "Make in Odisha" conclave in November last year, Patnaik had promised smartphones to six lakh WSHGs.