E-Shakti project launched

ITANAGAR, Feb 12: State Rural Development Secretary Govind Jaiswal launched the e-Shakti project during a state-level meeting of senior bankers, organized by the National Bank for Agriculture & Rural Development (NABARD) here on Tuesday last.
The project is going to be implemented in Papum Pare and Namsai by the NABARD as part of its efforts to digitize self help groups (SHGs) and provide better professionalism and transparency in the SHGs and enable the bankers to take informed decisions on lending to the SHGs.
Jaiswal urged the bankers to lend liberally to the SHGs and help them progress. He also lauded the efforts of NABARD and Arunachal State Rural Livelihoods Mission (ArSRLM) in this direction and hoped the SHGs in the state will flourish as in case of South India.
Earlier, NABARD, Itanagar GM and OIC Dr Gopa Kumaran Nair highlighted the issues in SHG-bank linkage programme in Arunachal Pradesh based on the findings of the study undertaken by the NABARD recently. He urged the bankers to ensure proper follow up with the SHGs which he suggested could help in regular repayments.
Arunachal Pradesh Rural Bank (APRB) Chairman Deepak Kumar Gupta explained about the role to be played by bankers in identifying and supporting SHGs and briefed the participants about the tie-up between ArSRLM and APRB in financing SHGs.
Arunachal Pradesh State Cooperative Apex Bank (APSCAB) MD TsheringThondok briefed the bankers about the plans of the APSCAB in SHG financing during the year and ahead, while NABARD AGM Regi Varghese made a detailed presentation on SHG-bank linkage programme and the e-Shakti project.