Karnataka

‘Mudra loans will not help rural women’

In Karnataka, there are over 30,000 villages where lakhs of women are part of SHGs.

From our online archive

BENGALURU: The Union budget-stressed on the importance of empowering women, with Finance Minister Nirmala Sitharaman announcing that one woman in every Self Help Group (SHG) will be made eligible for a loan of up to Rs 1 lakh under the Mudra scheme.

However, women activists said this won’t help, and will put additional burden on women in rural areas, as the amount will be used for domestic purposes.

In Karnataka, there are over 30,000 villages where lakhs of women are part of SHGs. Women activist Brinda Adige slammed the proposal saying, “A woman taking a loan at an SHG will be forced to use the money for her family. This means she has to repay it, and that becomes a burden. In most cases, men will not be given the responsibility.”

KS Vimala, from All India Democratic Women’s Association, said “A loan will not help them much. The government should help them by providing a better market to sell their goods,’’ she added.

Jantar Mantar protest LIVE | CJP alleges internet blackout at protest site, fears fresh police crackdown

Mumbai Police crack down on CJP solidarity protests, 400 booked in five days

US carries out 12th night of strikes on Iran as both sides threaten civilian infrastructure

Buzz on more DCMs, wait gets longer for Karnataka cabinet expansion

4,000 vacancies expose strain on TN elementary schools

SCROLL FOR NEXT