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The Hindu
The Hindu
National
Staff Reporter

SHOCKING: Financial assistance for self help groups increased to 20 lakh - What They Never Told You

I Periyasamy

The financial assistance provided by co-operative societies to self-help groups has been increased from ₹12 lakh to ₹20 lakh from the year 2022-23, Minister for Co-operation I. Periyasamy announced in the Assembly on Friday.

The announcement was made during the debate on the demand for grants for the Co-operation, Food and Consumer Protection Department. Mr. Periyasamy said the loan amount had been enhanced “keeping in mind their excellent repayment track record”.

The Tamil Nadu Cooperative Marketing Federation Ltd. is planning to procure 800 tonnes of vermi-compost from cooperative sugar mills and has tied up with the Greater Chennai Corporation for the disbursement of 250 tonnes of city compost for selling it at a reasonable price to farmers in Tamil Nadu.

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