Back to main page

Women Self Help Groups (SHGs) to get loans without collateral

Under the Deen Dayal National Rural Livelihood Scheme, Women SHGs can get loans of up to 10 lakh rupees without collateral. Now, this has been doubled to 20 lakh rupees.

Eligibility criteria

Women members of SHGs under the Deen Dayal National Rural Livelihood Scheme

What it covers

Loan amount without collateral doubled to 20 lakhs

Disclaimer:

Information provided here has been sourced from news articles based on the press conference by Government officials.

READ ALSO

Provident Fund contribution

The Government has said that it will pay the entire Provident Fund contribution of those who earn less than Rs. 15,000 per month in companies having fewer than 100 workers, as those workers are at risk of losing their jobs. That amounts to 24% of basic pay—12% from the employee and 12% from the employer—which will be paid by the Government for three months.

Read More INDIA

EPFO withdrawal relaxation

The Employees’ Provident Fund Regulations will be amended to include the coronavirus pandemic as grounds for allowing a non-refundable advance of 75% of the corpus or three months of wages, whichever is lower, from employee accounts.

Read More INDIA

Extension of realisation period of export proceeds

The time period for realisation and repatriation of export proceeds for exports made up to or on July 31, 2020, has been extended to 15 months from the date of export, rather than the previous 9 months.

Read More INDIA

Try the Zoho Finance suite today!