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.
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.
Objectives of Mission Shakti Loan Scheme Odisha(ମିଶନ ଶକ୍ତି an ଣ ଯୋଜନା ଓଡିଶାର ଉଦ୍ଦେଶ୍ୟ |)
As part of the unique social initiative, Mission Shakti Maa has provided Rs 8,000 crore in government administrative assistance.
Currently, the women are collaborating with the Odisha government on several projects and helping to shape the future of Odisha.
The excellent work of Mission Shaktima has now spread all over the country and even abroad.
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/ |
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.
Eligibility Criteria
- Applicants should be permanent residents of Odisha.
- Only aspiring women are eligible for this program.
- Women should be in SHGs.
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 the country will have about 5,000 mission capability markets in the next five years.
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.
Odisha Medhabruti Scholarship 2024
FaQ
Q.What is the interest rate of Mission Shakti loan in Odisha?
Ans.0%
Q.When did Mission Shakti scheme start?
Ans.2021-22 to 2025-26
Q.What is Mission Shakti Odisha?
Ans.As part of the unique social initiative, Mission Shakti Maa has provided Rs 8,000 crore in government administrative assistance.
Odisha Mission Shakti Loan Scheme 2024: Online Apply, Eligibility, Benefits | ଓଡିଶା ମିଶନ ଶକ୍ତି an ଣ ଯୋଜନା @ missionshakti.odisha.gov.in brothers, if you are liked given by jagokisan.com with the information then plz like and share so that other farmer brothers can also be helped