The Manipur Cupboard has accredited a brand new girls’s empowerment scheme that may present monetary help to three.5 lakh girls belonging to recognised self-help teams (SHGs) throughout the state.
Underneath the Ladies Empowerment (WE)–Manipur scheme, every eligible girl will obtain a grant of Rs 10,000 throughout the first 12 months. The beneficiaries will subsequently be eligible for interest-free loans within the second and third years.
The scheme was accredited throughout a Cupboard assembly held on the Chief Minister’s Secretariat in Babupara on August 28.
The federal government mentioned detailed pointers and notifications for implementing the scheme could be issued individually.
The scheme is focused at girls who’re members of recognised SHGs, with the federal government planning to maneuver from an preliminary grant to interest-free credit score within the following two years.
The Cupboard resolution comes because the state authorities seeks to make use of self-help teams as a platform for increasing entry to monetary help amongst girls.
Whereas the first-year help might be offered as a grant, the second- and third-year help might be structured as interest-free loans, permitting beneficiaries to entry additional monetary help with out an curiosity burden.
The Cupboard didn’t present particulars on the dimensions of the general monetary allocation for the scheme or the timeline for disbursing the primary instalment.
The federal government is anticipated to inform the detailed eligibility standards, utility course of and different implementation provisions by separate pointers.
