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TMI BlogDevelopmental Financial Institution (DFI) for Women SHGsX X X X Extracts X X X X X X X X Extracts X X X X ..... Developmental Financial Institution (DFI) for Women SHGs - News and Press Release Dated:- 3-5-2013 - News - The Finance Minister in his Union Budget Speech for the year 2013-14 on February 28, 2013 announced the proposal to set up India s first Women s Bank as public sector bank with an initial outlay of Rs. 1,000 crore which can lend mostly to women and women-run businesses, that supports women ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Self Help Groups (SHGs) and women s livelihood, that employs predominantly women, and that addresses gender related aspects of empowerment and financial inclusion. Government has constituted a Committee comprising of eminent bankers to, inter-alia, examine and firm-up the Blue-print of the Bank, including broad policy framework; business model; expansion plan; business strategy etc, of the Bank ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... including the measures to outreach the targeted population of the Bank. The Committee has submitted its report to the Government on 30.04.2013. The Committee has, inter-alia, recommended that women SHGs may be supported by the Women s Bank to reach out to a wider group of women. To achieve this, the Women s Bank should provide special credit facilities and training to SHGs and also seek help from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... SHGs to promote banking. This was stated by Minister of State for Finance, Shri Namo Narain Meena, in written reply to a question in the Lok Sabha today. DSM/RS/ka (Release ID :95544) - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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