Beneficiaries of the Karnataka Government’s Gruha Lakshmi scheme, which provides women heads of families with Rs 2,000 monthly, will soon be able to secure low-interest loans from the Gruha Lakshmi Multipurpose Cooperative Society, to be launched on November 19, officials said on Tuesday.
The society will provide loans of up to Rs 3 lakh, which, according to Women and Child Development Minister Laxmi Hebbalkar will further improve the financial strength of women. The low-interest loans are meant for pursuing self-employment or meeting emergencies and other requirements.
“The objective is to ensure security and financial independence for women,” Hebbalkar said.
The society has started registering members and plans to expand to all the 31 districts by the end of this month, officials said

The Indian Express

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