Lauds Self-Help Groups of women for their unprecedented services during the Corona period
The government is constantly creating an atmosphere and conditions where all the sisters can connect their villages with prosperity and prosperity: PM
There is a lot of potential for Self Help Groups in encouraging toys made in India: PM
Prime Minister released capitalization support funds to the tune of Rs. 1625 Crore to over 4 lakh SHGs

Prime Minister Shri Narendra Modi participated in ‘Atmanirbhar Narishakti se Samvad’ and interacted with women Self Help Group (SHG) members/community resource persons promoted under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM) today via video conferencing. During the event, a compendium of success stories of women SHG members from all across the country, along with a handbook on universalization of farm livelihoods was released by the Prime Minister.

The Prime Minister also released capitalization support funds to the tune of Rs. 1625 Crore to over 4 lakh SHGs. In addition, he released Rs. 25 crore as seed money for 7500 SHG members under the PMFME (PM Formalisation of Micro Food Processing Enterprises) Scheme of Ministry of Food Processing Industries and Rs. 4.13 crore as funds to 75 FPOs (Farmer Producer Organizations) being promoted under the Mission.

Union Minister for Rural Development and Panchayati Raj, Shri Giriraj Singh; Union Minister for Food Processing Industries Shri Pashupati Kumar Paras; Ministers of State-Rural Development, Sadhvi Niranjan Jyoti and Shri Faggan Singh Kulaste; MoS – Panchayati Raj, Shri Kapil Moreshwar Patil and MoS – Ministry of Food Processing Industry, Shri Prahlad Singh Patel, were also present on the occasion.

Speaking on the occasion, the Prime Minister lauded the Self-Help Groups of women for their unprecedented services during the Corona period. The Prime Minister recognized their unparalleled contribution in making masks and sanitizers and providing food to the needy and spreading awareness.

The Prime Minister said that to increase the scope of entrepreneurship among women and for greater participation in the resolve of AatmaNirbhar Bharat, a major financial support has been given today to more than 4 lakh SHGs on the eve of Raksha Bandhan. He said that the Self help group and Deen Dayal Antyodaya Yojana have brought a new revolution in rural India. He added this movement of women self-help groups has intensified in the last 6-7 years. He said that today there are 70 lakh self help groups across the country which is more than three times the figure during 6-7 years.

The Prime Minister recalled the time before this government when crores of the sisters did not have a bank account, they were miles away from the banking system. That is why the government started the massive campaign to open Jan Dhan accounts, he said. He added that today there are more than 42 crore Jan Dhan accounts of which close to 55% of the accounts are of women. He said the bank accounts were opened to make it easy to take loans from banks.

The Prime Minister said that the amount of help the government has provided for the sisters under the National Livelihood Mission is many times more than the previous government. An unsecured loan of about Rs.4 lakh crore has also been made available to self-help groups. He said in the last 7 years self-help groups have also done a great job of repaying banks. There was a time when bank loans close to 9% became NPA. Now it has come down to 2-3 %. He lauded the honesty of the women in the Self Help Group.

The Prime Minister also announced that now the limit for loans available to self help groups without guarantee has been doubled to Rs 20 lakh. He said that the condition of linking your savings accounts with the loan account has also been done away with. He added that with many such efforts, you will now be able to move forward with more enthusiasm in the campaign of self-reliance.

The Prime Minister said this is the time of 75 years of independence. It is time to set new goals and move forward with new energy. The collective power of sisters also now has to move forward with new strength. The government is constantly creating that environment and conditions from where all of you sisters can connect our villages with prosperity and prosperity.

The Prime Minister said there are endless possibilities for women self help groups in the agriculture and agro-based industry. He said a special fund has been created so that Self-help groups can also create these agro-based facilities by taking help from this fund. All the members can take advantage of these facilities, by fixing reasonable rates and can also rent out to others.

The Prime Minister said that not only our farmers would benefit from the new agricultural reforms, but also limitless possibilities are being created for self-help groups. He said that now self help groups can directly purchase from the farmers and direct home delivery of produce like pulses can also be done.

He added that now there is no restriction on how much you can store. Self help groups have the option whether to sell produce directly from the farm or by setting up a food processing unit and sell ​​with great packaging. He suggested that by collaborating with online companies, self help groups can easily ship their products to cities in great packaging.

The Prime Minister said that the government is also encouraging toys made in India and also giving all possible help for this. Especially the sisters of our tribal areas who are associated with it traditionally. He said there is a lot of potential for Self Help Groups in this too.

The Prime Minister said today’s campaign is going on to make the country free from single use plastic. Self help groups have a dual role in this. He urged the SHGs to raise awareness about single use plastic and work for its alternative. He also urged the self help groups to take full advantage of the online Government e-marketplace. He said today, in transforming India, opportunities are increasing for the sisters and daughters of the country to move forward.

The Prime Minister said all the sisters are being provided with facilities like house, toilet, electricity, water and gas. The government is working with full sensitivity on the education, health, nutrition, vaccination and other needs of sisters and daughters. He added that due to this not only the dignity of women has increased but the confidence of daughters and sisters is also increasing.

The Prime Minister urged the self help group to link their efforts of nation building with Amrit Mahotsav also. He said that with the collective power of more than 8 crore sisters and daughters, Amrit Mahotsav would be taken to new heights. He asked them to think about how they can cooperate with the spirit of service. He cited examples like running a campaign on nutritional awareness for women, running a campaign to administer COVID-19 vaccines, cleanliness and water conservation in their villages, etc. He asked the women in self help groups to visit a nearby dairy plant, gobar plant, solar plant and learn best practices from it.

The Prime Minister lauded the self help groups and said the nectar of the success of Amrit Mahotsav would spread everywhere because of their efforts and the country would get the benefit due to this.


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PM to inaugurate InFinity Forum on 3rd December
November 30, 2021
The Forum will focus on the theme of 'Beyond'; with various sub themes including ‘FinTech beyond boundaries’, ‘FinTech beyond Finance’ and ‘FinTech Beyond Next’

Prime Minister Shri Narendra Modi will inaugurate InFinity Forum, a thought leadership Forum on FinTech, on 3rd December, 2021 at 10 AM via video conferencing.

The event is being hosted by International Financial Services Centres Authority (IFSCA), under the aegis of Government of India in collaboration with GIFT City and Bloomberg on December 3 and 4, 2021. Indonesia, South Africa and the U.K. are partner countries in the first edition of the Forum.

InFinity Forum will bring together the leading minds of the world in policy, business, and technology to discuss and come up with actionable insight into how technology and innovation can be leveraged by the FinTech industry for inclusive growth and serving humanity at large.

The agenda of the Forum will focus on the theme of 'Beyond'; with various sub themes including FinTech beyond boundaries, with governments and businesses focussing beyond the geographical boundaries in the development of global stack to promote financial inclusiveness; FinTech beyond Finance, by having convergence with emerging areas such as SpaceTech, GreenTech and AgriTech to drive sustainable development; and FinTech Beyond Next, with focus on how Quantum Computing could impact the nature of Fintech industry in the future and promote new opportunities.

The forum will witness participation from over 70 countries. Key speakers at the Forum includes Finance Minister of Malaysia Tengku Mr. Zafrul Aziz, Finance Minister of Indonesia Ms Sri Mulyani Indrawati, Minister of Creative Economy Indonesia Mr. Sandiaga S Uno, Chairman and MD, Reliance Industries Mr. Mukesh Ambani, Chairman & CEO SoftBank Group Corp. Mr. Masayoshi Son, Chairman and CEO, IBM Corporation Mr. Arvind Krishna, MD and CEO Kotak Mahindra Bank Limited Mr. Uday Kotak, among others. NITI Aayog, Invest India, FICCI and NASSCOM are some of the key partners to this year's Forum.


The International Financial Services Centres Authority (IFSCA), headquartered at GIFT City, Gandhinagar Gujarat, has been established under the International Financial Services Centres Authority Act, 2019. It works as a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre (IFSC) in India. At present, the GIFT IFSC is the maiden international financial services centre in India.