financetom
Politics
financetom
/
Politics
/
PM Modi to visit Prayagraj today; transfer Rs 1,000 crore in account of 16 lakh women
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PM Modi to visit Prayagraj today; transfer Rs 1,000 crore in account of 16 lakh women
Dec 21, 2021 2:51 AM

Prime Minister Narendra Modi will visit Uttar Pradesh's Prayagraj on Tuesday and participate in a one of its kind programme to be attended by over two lakh women, his office said. The programme is being held as per Modi's vision to empower women, especially at the grassroots level, by providing them with necessary skills, incentives and resources, the PMO said, adding that he will transfer an amount of Rs 1,000 crore in the bank account of Self Help Groups (SHGs), benefitting around 16 lakh women members. This transfer is being done under the Deendayal Antyodaya Yojana -- National Rural Livelihood Mission (DAY-NRLM), with 80,000 SHGs receiving Community Investment Fund (CIF) of Rs 1.10 lakh per SHG and 60,000 SHGs receiving a revolving fund of Rs 15,000 per SHG, it said.

To encourage business correspondent-Sakhis (BC-Sakhis), the Prime Minister will also transfer a sum of Rs 4,000 as the first month's stipend in the account of 20,000 of them. When BC-Sakhis commence their work as providers of doorstep financial services at the grassroot level, they are paid a stipend of Rs 4,000 for six months, so that they get stabilised in their work and then start earning through the commission on transactions, the PMO said.

During the programme, Modi will also be transferring a total amount of over Rs 20 crore to more than 1 lakh beneficiaries under the 'Mukhya Mantri Kanya Sumangala Scheme'. The scheme provides conditional cash transfer to a girl child at different stages of her life. The total transfer is Rs 15,000 per beneficiary. He will also lay the foundation stone of 202 supplementary nutrition manufacturing units. These units are being funded by the self-help groups and will be constructed at the cost of approx Rs 1 crore for one unit.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lok Sabha Elections: Prime Minister Narendra Modi deceived youths by promising 2 crore jobs, says Rahul Gandhi
Lok Sabha Elections: Prime Minister Narendra Modi deceived youths by promising 2 crore jobs, says Rahul Gandhi
May 2, 2019
Campaigning is in full swing for the fifth phase of Lok Sabha elections 2019 and other two phases. PM Modi will address rallies in Rajasthan today, while Congress president will campaign in Madhya Pradesh and Rajasthan. BJP president Amit Shah has cancelled his rallies in Jharkhand due to bad weather after Cyclone Fani made landfall in Odisha. Congress general secretary Priyanka Gandhi is lead party's campaign in Uttar Pradesh in Raebareli today. BSP chief Mayawati will campaign in UP. This blog will keep you posted on the latest updates and developments from the Lok Sabha elections campaign trail today:
General elections 2019: Rahul Gandhi is not a reluctant politician, says Priyanka Gandhi Vadra
General elections 2019: Rahul Gandhi is not a reluctant politician, says Priyanka Gandhi Vadra
May 3, 2019
Congress general secretary in-charge of Uttar Pradesh East, Priyanka Gandhi Vadra on Friday has strongly dismissed the charges that her brother, Rahul Gandhi, is a "reluctant politician."
Rock the Vote: We have a really amazing constitution, says musician Ankur Tewari
Rock the Vote: We have a really amazing constitution, says musician Ankur Tewari
May 3, 2019
In CNBC-TV18's special series 'Rock The Vote', Sumit Kilam and Mangalam Maloo caught with musician Ankur Tewari to understand his views on elections, politics and impact of social media in today's world.
Gujarat CM Rupani addresses poll meeting in Delhi, seeks support for Gambhir
Gujarat CM Rupani addresses poll meeting in Delhi, seeks support for Gambhir
May 3, 2019
Gujarat Chief Minister Vijay Rupani Friday sought support for BJP's East Delhi candidate Gautam Gambhir and asserted that only Prime Minister Narendra Modi can secure the borders and strengthen the country by working with honesty.
Copyright 2023-2026 - www.financetom.com All Rights Reserved