
Over 1,000 SHG women to benefit from loan distribution in Varanasi
Over 1,000 women associated with Self-Help Groups (SHGs) will be benefited from a loan which was distributed in a programme for SHG women at the Rural Self Employment Training Institute (RSETI), Varanasi.
The loan distribution programme was held at RSETI. It was organised on the initiative of deputy commissioner self-employment Pawan Kumar Singh and regional head of Union Bank of India Varanasi Shailendra Kumar. On this occasion, Union Bank of India distributed a loan of ₹36,85,000 ( ₹3.68 crore). A demo cheque was symbolically handed over to the women of the group.
In the programme, Mamta of Vikaskhand Sevapuri and Mamta of SHG Harhua shared their success stories, highlighting the change and journey in their lives by taking a loan from the SHG. Lead Bank Union Bank of India's Varanasi region head Shailendra Kumar spoke about continuing loan distribution to the women of the group and providing necessary support from the bank.
District mission manager Shravan Kumar Singh appealed to the Bank Sakhis to connect more SHG women with livelihood opportunities. On this occasion, Vikram Singh, Rekha Kesari, beneficiaries of Mukhyamantri Yuva Udyam and Solar Rooftop schemes, along with Bank Sakhis and SHG women, were present.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
5 hours ago
- Time of India
State to expand its forest produce processing centres, engage private players
Panaji: State govt has decided to involve private players to operate GoVan multi-product processing centres (MPCs) as it is planning to start 11 new MPCs in the state, including one at Agnel Ashram, Verna. Tired of too many ads? go ad free now Currently, MPCs operate at Pale and Bicholim in North Goa, and Pontemol and Curchorem in South Goa. GoVan is a flagship initiative of Goa State Biodiversity Board, launched in 2021 under the Biological Diversity Act of 2002. It combines 'Goa' and 'Van' (forest) to reflect its dual commitment to preserving Goa's biodiversity and encouraging sustainable, non-destructive harvesting of minor forest produce. Through GoVan, govt promotes the sustainable use of Goa's biodiversity resources and links them to the livelihoods of the rural population, with a focus on empowering women. The selected private player must develop a plan to make the MPCs cost-effective and profitable over time. They need to provide a comprehensive strategy for ensuring the functioning and sustainability of existing and future MPCs, including necessary machinery and infrastructure upgrades. 'The private players will have to propose and implement marketing and working models (financial and revenue-sharing models) to ensure the long-term viability of the centres, with strategies for profitability and self-sustainability,' a senior officer said. GoVan centres process non-timber forest products (NTFP) such as cashew, jackfruit, bimbla, mango, kokum, and coconut into value-added goods like pickles, dried fruits, and local delicacies. GoVan employs a systematic and sustainable approach throughout its operations, starting with non-destructive harvesting techniques that preserve crop health and ecosystem balance. After harvesting, the produce is carefully collected and transported to ensure minimal damage. Tired of too many ads? go ad free now It is then sorted and graded based on size, quality, and ripeness, followed by washing to eliminate contaminants and ensure food safety. The produce is stored under optimal conditions to maintain freshness. For packaging and labelling, GoVan uses eco-friendly materials and provides detailed product information, highlighting the sustainability of its practices. GoVan processes some products into value-added items, such as pickles, dried fruits, candied fruits, or local specialities like Fenori, a Goan sweet snack, that increases the market value and provides additional income opportunities for SHG women. 'This comprehensive value chain approach, from sustainable harvesting to value-added product development, not only ensures high-quality outputs but also supports GoVan's mission of promoting environmental conservation and empowering local communities,' a senior officer said.


Time of India
2 days ago
- Time of India
Maiya Samman to Mahila Swabalamban: Women venture into entrepreneurship
1 2 Ranchi: Saihun Lakra, a 37-year-old woman in Ranchi's Lada village, had to depend on her husband for her small needs or take loans, to run her family. But her life has taken a turn since she has started getting financial assistance under the Mukhyamantri Maiya Samman Yojana (MMSY). Now, she not only fulfils her needs but also helps her husband in buying essentials for his paddy field, with the assistance. Saihun invested the money from the welfare scheme in poultry farming and earned modest returns by selling eggs and chickens. "I started poultry farming in October last year by investing Rs 2,000 to buy 20 chicks. After around three months, I sold some and earned Rs 5,000. Besides, I earn around Rs 1,000 a month by selling eggs. I fulfil the needs of my family and help my husband in agriculture," she told TOI. Like Saihun, many others have also embarked on entrepreneurial ventures through poultry farming and goatery, aiming to achieve economic self-reliance. Roushni Kachhap of Kesaro village bought three goats with the Maiya Samman amount and now hopes to earn a modest sum by selling a pair once they grow up. "I always dreamt of starting my own business, but could not due to economic constraints. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo The govt scheme renewed my hopes. I purchased goats in April and have been taking good care of them so that I can earn a good sum by selling them after they grow up," Roushni said. The Ranchi administration has further bolstered this initiative with the 'Maiya Samman to Mahila Swabalamban' programme, distributing chicks, goats and ducks at minimal costs to empower women and supplement their family's income. Ranchi DC Manjunath Bhajantri, who envisioned the first-of-its-kind initiative in the state, told TOI that the primary focus behind the initiative is to promote the wise use of the amount received under the scheme and prevent the beneficiaries from falling into cybercriminals' trap. "We aim to multiply Rs 2,500 they get under the scheme by at least 10 times. The district administration has conducted several programmes, in co-ordination with SHGs, to motivate women to venture into entrepreneurship. This way, they will not only be able to extend a helping to their families but also contribute to the state's growth," the DC added. So far, 5,170 beneficiaries have got chicks, 1,048 got goats, and 853 got ducks under the initiative, in 18 blocks of Ranchi district.


Hindustan Times
4 days ago
- Hindustan Times
Over 1,000 SHG women to benefit from loan distribution in Varanasi
Over 1,000 women associated with Self-Help Groups (SHGs) will be benefited from a loan which was distributed in a programme for SHG women at the Rural Self Employment Training Institute (RSETI), Varanasi. The loan distribution programme was held at RSETI. It was organised on the initiative of deputy commissioner self-employment Pawan Kumar Singh and regional head of Union Bank of India Varanasi Shailendra Kumar. On this occasion, Union Bank of India distributed a loan of ₹36,85,000 ( ₹3.68 crore). A demo cheque was symbolically handed over to the women of the group. In the programme, Mamta of Vikaskhand Sevapuri and Mamta of SHG Harhua shared their success stories, highlighting the change and journey in their lives by taking a loan from the SHG. Lead Bank Union Bank of India's Varanasi region head Shailendra Kumar spoke about continuing loan distribution to the women of the group and providing necessary support from the bank. District mission manager Shravan Kumar Singh appealed to the Bank Sakhis to connect more SHG women with livelihood opportunities. On this occasion, Vikram Singh, Rekha Kesari, beneficiaries of Mukhyamantri Yuva Udyam and Solar Rooftop schemes, along with Bank Sakhis and SHG women, were present.