One lakh interest-free loan to women - Didi will get Rs 250 per application: Keshav Prasad Maurya

A review meeting of the Uttar Pradesh State Rural Livelihood Mission was held today under the chairmanship of Deputy Chief Minister Shri Keshav Prasad Maurya. The main topic of the meeting was the process of providing interest-free loans up to Rs. 1 lakh to the women in the group, the provision of an incentive of Rs. 250 per application, women's entrepreneurship, rural livelihood promotion, and the progress of various schemes. Principal Secretary, Rural Development Shri Saurabh Babu, Mission Director Shri Arun Kumar, and other departmental officials were present at the meeting.

Deputy Chief Minister Shri Keshav Prasad Maurya stated that the objective of the scheme is to make women associated with self-help groups economically self-reliant, provide them with self-employment opportunities, and strengthen the rural economy. Under the scheme, it is proposed to provide interest-free loans up to Rs. 1 lakh in three phases to eligible women to start their own businesses, expand existing businesses, and establish small enterprises. Describing the role of the support cadre as crucial in the implementation of the scheme, the proposed incentive amount of Rs. 250 per application was mentioned. Under this initiative, a ₹50 award is proposed upon successful application submission, ₹50 upon loan approval, and ₹150 upon full repayment of the approved loan. This will help provide guidance and support to eligible women from application to loan disbursement.