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Which state Govt announced to transform the SHGs into Small and Medium-sized Enterprises (SMEs) and turn them into vibrant financial hubs?
A)
Chhattisgarh
B)
Odisha
C)
Rajasthan
D)
Maharashtra

Correct Answer :   Odisha


Odisha Govt announced to transform the SHGs into Small and Medium-sized Enterprises (SMEs) and turn them into vibrant financial hubs.
 
* It is to be noted that six lakh SHGs are working in Odisha
 
* Mission Shakti intiative started in 2001  has now become a huge force of 70 lakh empowered women in Odisha.
 
* To encourage entrepreneurship among women, micro and mini industrial parks will be set up in all 30 districts of Odisha and a revolving fund to the tune of ₹1 crore each will be made available to every district-level federation, ₹50 lakh for block-level federation and special market and office space for panchayat-level federation, the Odisha CM announced.
 
* The Odisha State government has already announced to provide interest-free loan up to ₹5 lakh to women and procure of ₹5,000 crore worth of goods and services from SHGs in five years.
 
* Women have a huge role to play in the transformation story of Odisha. Our government will always work for the holistic empowerment of women.

* The strength of SHGs lies in federating or coming together. Our goal is to strengthen the federations further and turn them into vibrant financial hubs, the Odisha CM said..

Source : The Hindu

Published On : December 3, 2022
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