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The Hindu
The Hindu
National
The Hindu Bureau

Loans distributed to SHGs in Cuddalore and Villupuram districts

Minister for Agriculture and Farmers Welfare M.R.K. Panneerselvam handed over loans to the tune of ₹81.46 crore to 993 women’s Self-help Groups (SHG) here on Thursday.

According to a press release, as many as 18,217 women SHGs from Cuddalore had been given loans to the tune of ₹1,007 crore for the fiscal 2023-24 as against the target of ₹1,302 crore. The Minister also handed over Madhi Express electric scooters to 3 SHGs at a cumulative cost of ₹9.60 lakh. 

In Villupuram, Minister for Minorities Welfare and Non-Resident Tamils Welfare Gingee K.S. Masthan distributed loans to the tune of ₹73.37 crore to 1,134 SHGs, benefitting 14,968 beneficiaries. The SHGs to benefit from the loans include 818 rural SHGs, which received loans worth ₹64.26 crore, and 240 urban SHGs, which received loans of ₹8.31 crore.

In Kallakurichi, Collector Sravan Kumar Jatavath distributed loans amounting to ₹71 crore to 477 SHGs. This included loans worth ₹34.67 crore to 36 Panchayat Level Federations.

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