Chandigarh- The Bhagwant Mann Authorities will honour 14,100 girls entrepreneurs throughout constituencies, districts and on the state stage because the Punjab State Rural Livelihood Mission (PSRLM) marks Worldwide Girls’s Day on 18 March, with ₹25,000 every for 100 prime entrepreneurs and a pointy drop in Non Performing Belongings of Self Assist Teams from 18 p.c to 2.16 p.c.
Asserting massive scale celebrations and detailing monetary and organisational beneficial properties since 2022, Rural Growth and Panchayats Minister Tarunpreet Singh Sond stated the federal government has expanded Self Assist Teams, boosted funding, and strengthened rural girls’s financial energy throughout the state.
Minister Tarunpreet Singh Sond said, “From every constituency, 100 Self Assist Group girls entrepreneurs will probably be felicitated with awards throughout the state. A complete of 11,700 girls entrepreneurs will probably be awarded. Equally, from 23 districts, 2,300 girls entrepreneurs, 100 from every district, will probably be honoured. On the state stage, a committee will choose the highest 100 girls entrepreneurs of Punjab, and every of them will probably be awarded ₹25,000. In whole, 14,100 girls entrepreneurs will probably be awarded by the state.”
Elaborating on the achievements of the Punjab authorities, the Punjab Minister said, “A complete of 28,734 Self Assist Teams have been fashioned from 2022 to 2026, in comparison with 29,053 Self Assist Teams fashioned between 2011 and 2022 throughout the earlier regimes. Equally, 2,90,213 Self Assist Group members have been added in simply 4 years from 2022 to 2026, whereas 2,97,083 members had been added over eleven years from 2011 to 2022.”
Highlighting organisational growth, he added, “A complete of two,427 village organisations have been fashioned from 2022 to 2026, in comparison with 1,806 village organisations fashioned between 2011 and 2022. Likewise, ₹53.03 crore has been issued as revolving fund to Self Assist Teams from 2022 to 2026, whereas ₹28.59 crore was issued as revolving fund between 2011 and 2022.”
Detailing monetary help, the Minister shared, “₹84.88 crore as Group Funding Fund has been issued from 2022 to 2026, in comparison with ₹105.72 crore issued between 2011 and 2022. Aside from this, Self Assist Teams have availed loans amounting to ₹631.76 crore from 2022 to 2026, whereas ₹171.13 crore was availed between 2011 and 2022. Our authorities has drastically diminished the Non Performing Belongings of Self Assist Teams to 2.16 p.c from 2022 to 2026, in comparison with 18 p.c between 2011 and 2022. In view of this, it’s crystal clear that the achievements of the current authorities are considerably larger than these of earlier governments.”
Explaining the target of the Punjab State Rural Livelihood Mission, he additional stated, “The principle goal of PSRLM is to make girls from rural poor households economically robust by connecting them with Self Assist Teams. As we speak, girls in rural areas are efficiently enjoying their position in financial savings, credit score administration, small enterprises, cottage industries, agricultural allied actions and repair sectors. Many ladies have turn into entrepreneurs of their villages, creating employment alternatives and turning into a supply of inspiration for different households.”
Highlighting the size of outreach, Minister Tarunpreet Singh Sond revealed that there are a complete of 58,000 Self Assist Teams up to now, with about six lakh rural girls related to them. The Punjab authorities has offered ₹30,000 as revolving fund, ₹50,000 as Group Funding Fund, and a mortgage facility at 7 p.c fee of curiosity is being availed by these beneficiary girls. Thus far, about ₹802.89 crore of financial institution loans have been taken by the members, with a Non Performing Asset fee of solely 2 p.c. This reveals that ladies are repaying loans on time with monetary self-discipline. Even throughout the floods, the federal government offered about ₹18 crore of help with out curiosity to buy 3,000 cattle.
Emphasising holistic help, the Minister stated, “By way of PSRLM, girls usually are not solely being related with monetary help, but in addition with coaching, market linkages, banking help and social safety schemes. These efforts usually are not solely rising the revenue of rural households but in addition enhancing their social standing. We enchantment to everybody to attach the utmost variety of girls with Self Assist Teams to make them economically robust in order that the dream of ‘Sashakt Mahila, Sashakt Punjab’ might be fulfilled.”
