Mission Shakti Loan Scheme: Chief Minister of Odisha introduced the Mission Shakti Loan Scheme at a function in Bhubaneswar. This scheme offers interest-free loans up to Rs. 10 lakh for women in 70 lakh Self Help Groups (SHGs) in Odisha.
Odisha Biju Yuva Sashaktikaran Yojana
The program also includes uniform and blazer grant for Mission Shakti women and interest payment scheme of Rs. 145 crore is available. Read the article below to know more about Mission Shakti Loan Scheme.
Mission Shakti Loan Scheme Details in Highlights
| Name of the scheme | Mission Shakti Loan Scheme Odisha |
| Launched by | Odisha government |
| Launched on | 27th of February 2024 |
| Introduced at | Lok Seva Bhavan Convention Centre in Bhubaneswar |
| Objective | To provide interest-free loan |
| Benefits | Interest-free loans up to Rs 10 lakh for SHGs in Odisha |
| Beneficiaries | SHGs women |
| State | Odisha |
| Official Website | https://missionshakti.odisha.gov.in/ |
Objectives of Mission Shakti Loan Scheme Odisha
As part of a unique livelihood programme, the Mission Shakti Maa has given the government business assistance worth Rs 8,000 crore. Women currently collaborate with the Odisha government on several initiatives and help shape the future of Odisha. The excellent work of Mission Shakti Ma has now spread throughout the nation and even overseas.
The transformation of SHG women into SMEs, or small and medium-sized businesses represents their first step into the corporate world. Significant funding, amounting to Rs 730 crore, was set aside for blazers and uniforms to facilitate this shift. To establish 5,000 such bazaars and retail locations throughout the state in the next five years, Mission Shakti Bazaar was launched to promote and market goods made by these women.
Benefits of Mission Shakti Loan Scheme Odisha
The Prime Minister, who predicted that more women will go abroad in the future, said women from the self-help groups were going to Singapore and Dubai to see places of exposure Women who were once in self-help groups now work in companies and run businesses. 1.5 lakh SHG members and 70 lakh SHGs in the country will get garments and blazers worth Rs 730 crore. Over 2.75 lakh SHGs received direct interest subsidy of Rs 145 crore in their bank accounts.
Women from SHGs are shifting to SMEs and are now joining companies in the entrepreneurial world. A total of Rs 925 crore has been refunded to SHGs in the form of subsidized interest in the last five years.
In addition, 2.75 lakh SHGs in the state received direct interest subsidy of Rs 145 crore in their bank accounts. Furthermore, it was announced that around 5,000 mission power markets will come up in the country in the next five years
Documents Required
- Applicants Aadhar Card
- PAN Card
- Mobile number
- Email ID
Eligibility Criteria for Mission Shakti Loan Scheme
Applicants should be permanent residents of Odisha. Only aspiring women are eligible for this program. Women should be members of SHGs.
Application Process of Mission Shakti Loan Scheme Odisha
- Go to the official website of the scheme.
- On the home screen click on apply option.
- A new page will open before you, enter all the required details carefully.
- Upload the necessary documents.
- Click on submit option.
- Save the application form in PDF format for later use.
FaQ
Q..What is the Objectives of Mission Shakti Loan Scheme Odisha ?
Ans.As part of a unique livelihood programme, the Mission Shakti Maa has given the government business assistance worth Rs 8,000 crore. Women currently collaborate with the Odisha government on several initiatives and help shape the future of Odisha. The excellent work of Mission Shakti Ma has now spread throughout the nation and even overseas.
Q.What is the Benefits of Mission Shakti Loan Scheme Odisha ?
Ans.The Prime Minister, who predicted that more women will go abroad in the future, said women from the self-help groups were going to Singapore and Dubai to see places of exposure Women who were once in self-help groups now work in companies and run businesses. 1.5 lakh SHG members and 70 lakh SHGs in the country will get garments and blazers worth Rs 730 crore. Over 2.75 lakh SHGs received direct interest subsidy of Rs 145 crore in their bank accounts.
Q.What is the Eligibility Criteria for Mission Shakti Loan Scheme ?
Ans.Applicants should be permanent residents of Odisha. Only aspiring women are eligible for this program. Women should be members of SHGs.
Mission Shakti Loan Scheme Odisha 2024: Apply for Interest Free Loan, Eligibility | ମିଶନ୍ ଶକ୍ତି an ଣ ଯୋଜନା ଓଡିଶା @ missionshakti.odisha.gov.in
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