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The Hindu
The Hindu
National
Special Correspondent

Disburse loans liberally to SHGs, JLGs: NABARD Chairman

To help self-help groups (SHGs) and joint liability groups (JLGs) achieve economic independence, bankers should distribute loans liberally to them, Chairman of NABARD G.R. Chintala has said.

Addressing members of SHGs at a function organised at Karnataka Vikas Grameena (KVG) Bank in Dharwad on Tuesday to mark his first visit to North Karnataka and also the bank, he said that self-help groups have been playing a pivotal role in making women economically strong and also self-reliant.

“Self-help groups were started with the main objective of liberating women from the shackles of economic and social bondage and equipping them with the ability to make independent decisions for which economic freedom is vital,” he said.

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