#Budget2018: Loans to women SHGs will rise to Rs 75k crore, says Jaitley
New Delhi:Finance Minister Arun Jaitley on Thursday said loans to women self-help groups (SHGs), which grew by 37 per cent year-on-year, will increase to Rs 75,000 crore by March 2019.
"Loans to self-help groups of women increased to about Rs 42,000 crore in 2016-17, growing 37 per cent over the previous year," Jaitley said in his Union Budget speech here.
"The government is confident that the loans to the self-help groups will increase to Rs 75,000 crore by March 2019," he said.
He proposed to increase the allocation to the National Rural Livelihood Mission to Rs 5,750 crore in 2018-19.