Gehlot approves setting up of State Cooperative Micro Finance and Development Corporation
Gehlot approves setting up of State Cooperative Micro Finance and Development Corporation
Rajasthan Chief Minister Ashok Gehlot on Monday approved the setting up of a State Cooperative Micro Finance and Development Corporation (SCMFDC) for better linkages between self-help groups and banks in rural areas.

CM has provided a contributory grant of Rs 100 cr for this corporation.

Gehlot had made this announcement in the state's Budget of 2013-14 for creditability of self-help groups, an official statement said here.

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