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NABARD for digitisation of self-help groups

By Staff Reporter
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GUWAHATI, April 16 - The National Bank for Agriculture and Rural Development (NABARD) has taken up an ambitious programme for digitisation of the self-help groups of the State.

The Chief General Manager of the NABARD, S Natarajan said in a statement here that the Bank has been providing grants to support the self-help groups of Assam as well as providing credit linking with other banks for some time. He said that at present, more than three lakh self-help groups have accounts with various banks of the State.

The NABARD chief general manager revealed that in order to help the self-help groups to improve their performance, the Bank has taken up a plan for digitisation of the groups and a project has already been launched in Nalbari district. The project is also in line of the Central Government�s plan of digital India.

Giving details of the benefits of digitisation, Natarajan said that it would improve record keeping of the self help groups and as a result, the confidence of the banks would also grow, which, in turn, would improve credit flow. He said that digitisation would give the self-help groups an e-platform and transactions would improve considerably He further said that the NABARD has already held more than 33,000 village-level programmes to strengthen the linkage between the self help groups and the banks.

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NABARD for digitisation of self-help groups

GUWAHATI, April 16 - The National Bank for Agriculture and Rural Development (NABARD) has taken up an ambitious programme for digitisation of the self-help groups of the State.

The Chief General Manager of the NABARD, S Natarajan said in a statement here that the Bank has been providing grants to support the self-help groups of Assam as well as providing credit linking with other banks for some time. He said that at present, more than three lakh self-help groups have accounts with various banks of the State.

The NABARD chief general manager revealed that in order to help the self-help groups to improve their performance, the Bank has taken up a plan for digitisation of the groups and a project has already been launched in Nalbari district. The project is also in line of the Central Government�s plan of digital India.

Giving details of the benefits of digitisation, Natarajan said that it would improve record keeping of the self help groups and as a result, the confidence of the banks would also grow, which, in turn, would improve credit flow. He said that digitisation would give the self-help groups an e-platform and transactions would improve considerably He further said that the NABARD has already held more than 33,000 village-level programmes to strengthen the linkage between the self help groups and the banks.

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