Daily Archives: July 13, 2016

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Concessional Loans available to minority communities in India

Loans and advances, Priority Sector AdvancesBy Surendra Naik July 13, 2016 1 Comment

The Sikhs, Muslims, Christians, Zoroastrians, Buddhists, Jains communities in India are classified as minority communities as per notification of Ministry of Welfare, Government of India. In 121 districts in the country, the minority population exceeds 25% of total population of the districts. Further, in the states of J & K, Punjab, Meghalaya, Mizoram, Nagaland and…

Interest concession under DAY-NRLM to Women SHGs

Priority Sector AdvancesBy Surendra Naik July 13, 2016

[Government’s support to women SHGs in rural area under Deenadayal Anthyodaya Yojana- National Rural livelihoods Mission DAY-NRLM – (Corpus from Revolving Fund, ‘Panchasutra of good SHGs, CIF loan, the maximum amount of loan, repayment schedule, margin and security for the Bank loans)] Who can form SHG under DAY-NRLM? Women Self Help Group (SHG) under DAY-NRLM is the…