Policy Circulars 2004 - yashada

YASHADA POLICY CIRCULAR
Policy Circular No:
PC/2003-04//10A/004
Dated: June 10, 2004
Empowered Authority: Director-General, YASHADA
Subject:
Establishment of the Self Help Groups & micro
finance Cell
Circulated for Information to: Members, YASHADA Board of Governors
Members YASHADA Executive Committee
Members. YASHADA Recruitment Committee
YASHADA Desk, GAD. Govt. Of Maharashtra
All YASHADA Faculty and Staff
Circulated for necessary
compliance to:
YASHADA SHGMF
Introduction: Yashada has positioned SHG and micro finance as a strategic training and
research intervention at the Academy. Micro finance has emerged as an instrument of
poverty alleviation, by way of providing credit and other related financial services to the
poor. In India micro finance has been promoted by linking Self Help Groups (SHGs) of
the poor with banks either directly or through non government organizations. (NGOs).
In Maharashtra several experiments in SHGs and micro finance are being executed by
various government and non-government agencies. However one of the weak areas in
SHGs credit linkage is design improvement, project development and organizing
marketing linkages.
Realizing the importance of the SHG and micro finance the Cell was established with the
approval of the board of governors on January 22nd 2004, to function as a nodal center.
Its mission is strengthening training, extension and support services in SHGs and micro
finance to Government and non-government organizations on the lines of RUDA (Rural
Non farm Development Agency) in Jaipur, SHG cell would also include RUDA concept.
YASHADA will be recognized as an information-huh on the SHG movement in
Maharashtra.
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