JLG Promotion Program
NABARD APRO sanctioned a program for Promotion of 300 Joint Liability Groups to link to Bank credit to facilitate Rural women and men from Weaker sections to start small businesses or enterprises with bank credit. District Cooperative central Bank agreed to provide credit linkage to 200 JLGs for covering 1000 persons.Though APGVB agreed to provide credit linkage to 100 JLGs for 500 persons, it could only support 4 JLGs due to certain reasons.
Hence we again approached to DCCB, Srikakulam to fill the gap of 94 JLGs. DCCB also agreed to provide linkage to another 100 JLGs. Up to march 2023, 247 JLGs were provided 1st linkage with bank credit up to Rs. 196.95 Lakhs and 23 JLGs were provided 2nd linkage with bank credit up to Rs. 46.00 Lakhs and 1 JLG was provided 3rd Linkage with bank credit up to Rs. 2.50 Lakhs.