Tamil Nadu CM Vijay Launches ₹3,000 Crore Credit Programme for 26,000 Women SHGs

Erode: Tamil Nadu Chief Minister C Joseph Vijay on Tuesday launched a ₹3,000-crore bank credit linkage programme for 26,000 women self-help groups (SHGs) across the state, with the first tranche of ₹1,110 crore being extended to 9,000 groups.

The programme was launched at an event organised by the Tamil Nadu Corporation for Development of Women at Perundurai in Erode district.

The initiative aims to promote entrepreneurship and strengthen the financial independence of women by providing access to bank credit for income-generating activities.

At the event, Vijay handed over credit linkage orders worth ₹1,110 crore to representatives of 9,000 SHGs.

He also distributed financial assistance for livelihood activities, sanction orders for skill development training programmes for youth and approval orders for setting up retail outlets to market products manufactured by women’s self-help groups.

The programme is being implemented by the Tamil Nadu Corporation for Development of Women under the state government’s Department of Rural Development and Panchayat Raj.