Bhubaneswar: The Odisha government is championing the socio-economic empowerment of Women SHGs through interest-free loans up to Rs 5 lakh for Mission Shakti Groups (MSG).
To streamline the execution of MUKTA projects in 2023-24, the Housing and Urban Development (H&UD) department has urged Collectors, Municipal Commissioners, and Executive Officers of Urban Local Bodies (ULBs) to ensure bank linkage for the MSGs with work orders.
The department has asked the Collectors to emphasise expediting credit sanctions through special drives involving MSGs and bankers. The goal is to create awareness about interest subvention benefits as announced by Chief Minister Naveen Patnaik among the SHG members.
Additionally, a crucial condition stipulates that selected Mission Shakti Groups executing MUKTA projects must not be bank defaulters. This condition requires thorough verification by scrutiny committees and further scrutiny at the ULB level.
