Bhubaneswar: During a programme organised in Bhubaneswar today, ₹208.35 crore was disbursed as interest subvention to 2,67,131 Self-Help Groups (SHGs) across Odisha against their bank loans.
In the financial year 2025–26, a total of ₹724.39 crore has been reimbursed as interest subvention to 3,80,763 SHGs, further strengthening women-led financial inclusion initiatives.
To bolster grassroots institutions, financial assistance was also extended under various schemes. A sum of ₹6.43 crore was provided as Revolving Fund to 3,510 SHGs. Additionally, ₹57.05 crore was disbursed as Community Investment Fund to 180 Gram Panchayat Level Federations (GPLFs), while ₹1.40 crore was extended to 101 Cluster Level Federations (CLFs) under the Vulnerability Reduction Fund.
Addressing the programme, Deputy Chief Minister and Minister of Mission Shakti Pravati Parida said women have emerged as key drivers of social and economic transformation in Odisha. She emphasised that as SHG members become economically stronger and self-reliant, they are laying a strong foundation for a developed state.
She urged women to effectively utilise financial assistance provided under various government schemes, reinvest their earnings prudently, improve financial literacy, and remain vigilant against rising cyber frauds.
Parida also interacted virtually with SHG members and officials from districts including Koraput, Balasore, Kalahandi, Ganjam, and Keonjhar.
She also held discussions with grassroots-level functionaries such as Bank Mitras, Krushi Mitras, and Pashu Mitras to assess the effectiveness of programme implementation.
Senior government officials were also present at the event.