Know All About Odisha Mission Shakti – A Scheme Launched by State Government to Facilitate Zero Percent Interest Loan to SHG Women
Soon After Launching Kalia Scheme, the Odisha Government has announced a new scheme for Welfare of Women. The Scheme is “Mission Shakti.” On 5th January 2019, CM Naveen Patnaik Announced this Scheme. In this Article, We are covering Detailed Information Regarding Odisha Mission Shakti Scheme.
Under Mission Shakti Yojana, the Government will Provide Zero Percent Interest Loan to Women Self Help Groups (SHG). This Zero Percent Interest Loan is valid till Maximum amount which is 3 Lakhs. Cheque of Rs. 15000 (as seed Money) & Rs. 3000 to buy a Smartphone will be given to each SHG under this Scheme.
Mission Shakti | Odisha Interest-Free Loan Scheme
|Official Name||Mission Shakti|
|Announced On||5th January 2019|
|Announced By||CM Naveen Patnaik|
|Relevant Department||Ministry of Women & Child Welfare|
|Beneficiaries||Women Self Help Groups (WSHGs)|
Mission Shakti Loan Scheme is a Great Initiative by the State Government. It will surely help women Self Help Groups. However, the only limitation is that a maximum 0 Percent Interest Loan cannot exceed Rs. Three lakhs. Odisha Mission Shakti Initiative will benefit around 70 Lakh women.
Beneficiaries Get Rs. Three thousand for purchasing a Smartphone under the Mission Shakti Program. A Total of Rs. 180 Crore would be spent by the State Government to Provide Smartphones to All SHG’s.
Mission Shakti | 0% Interest Loan Plus Free Smartphone
Whenever Financial need is there, we Often Apply for Loans. But the problem with loans is that the interest rates currently are very high. If applicant delays the loan repayment the interest amount get bigger & bigger. Under this Mission Shakti Loan Scheme in Odisha, Women Self help Groups Need not to worry about Interest. Because There is Zero percent interest on Loan Up to Rs. Three Lakhs
Key Features/Announcements under Odisha Mission Shakti Scheme :
- Zero Percent Interest Loan Up to Rs. 3 Lakh
- Rs. 15000 Cheque to Every SHG Women
- Rs. 3000 Financial Assistance to Get a Smartphone
- Around 70 Lakh Women will get benefit
Such Initiatives Bring Positive Change in the Society. As in this Case, Odisha Government is Helping Women Self Help Groups (WSHG), this will empower the women. Ultimately women will be self-dependent & State will develop.
Odisha Mission Shakti Loan Yojana | How to Apply & Fill Application Form
To avail the Benefit of Mission Shakti Scheme, Eligible Women need to Approach the Nearest Bank Branch with required documents. All the paper Formalities should complete. Once All documentation completes, Your Zero percent Loan using “Mission Shakti” will be approved.