CURRENT AFFAIRS

2019

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which state government has announced interest-free loans of up to Rs 3 lakh for Women Self-Help Groups (WSHGs)?

A	Odisha
B	Chattisgarh
C	Madhya Pradesh
D	Rajasthan

Explanation:

Detailed explanation-1: -(WBSCL) In order to provide relief to the interest burden on the Bank loan availed by the Self Help Groups (SHGs), the State Government has introduced the West Bengal SwanirbharSahayakPrakalpa (WBSSP) Scheme.

Detailed explanation-2: -Odisha Chief Minister Naveen Patnaik, in a bid to boost the state’s ‘Mission Shakti’ scheme, has announced that his government would hike the upper limit for interest-free loan provided to self-help group members from Rs 3 lakh to Rs 5 lakh, starting April next year.

Detailed explanation-3: -What is Mission Shakti Loan? State Government of Odisha is committed in providing loans at 0% effective rate of interest to all SHGs for the loans availed upto 3 lakh on prompt repayment. This interest subvention scheme of the State Government is called “Mission Shakti Loan”.

There is 1 question to complete.