| DDM, NABARD conduct BLBC members' exposure visit | | | Early times Report
Jammu, Feb 23: As a part of NABARD's regular interventions in the field of micro Finance Manohar Lal, DDM, NABARD, Udhampur organized a / Bankers / BLBC Members Exposure Visit to SHGs in the district wherein various bankers were taken to Self Help Groups (SHGs) to have first hand / on site exposure to SHGs. The Programme was held at village Laddan, Udhampur on 23.02.18. The SHGs have been promoted by NGO named Gramin Pragati Sangathan with assistance from NABARD. Vidya Singh Negi, LDM, Udhampur, and various bankers were present on the occasion apart from members of SHGs. 06 SHGs were present on the occasion.
Addressing the gathering, DDM informed that NABARD has taken initiatives in Udhampur district and has promoted SHGs in the rural areas with the help of NGOs. The recovery of loans is almost 100% in the case of SHGs promoted by NABARD in the district and it establishes the confidence of the banks in SHGs. DDM shared that NABARD's SHG-BLP is the biggest programme for Financial Inclusion as by opening an account of one SHG, the bank covers all the families of members of SHGs. Undersigned also said that NABARD has taken a new initiative by opening the bank accounts of individual members under PMJDY. Moreover, most of the members are also covered under micro Insurance. |
|
