COVER HINDI - Ministry of Women and Child Development

Rashtriya Mahila Kosh
11.1 Rashtriya Mahila Kosh (RMK), was set up in 1993,
as a national-level mechanism under the Ministry of
Women and Child Development, Government of India to
meet the credit needs of poor and assetless women in the
informal sector. RMK was started with an initial corpus
of Rs.31 Crore, which has grown to Rs.74 Crore due to its
prudent investment, credit and recovery management.
RMK provides micro-credit with a unique credit delivery
model “RMK-NGO-SHG – Beneficiaries” which is one
of the main reasons for its success. The other reasons are
its flexible credit norms, hassle free loans, no collateral
and reasonable rate of interest.
Administrative Set Up
CHAPTER-11
11.2 RMK is administered by a Governing Board
consisting of 16 Members representing various Central
Ministries / Departments, State Governments, Specialists
and Representatives of Organizations active in the field
of micro credit. The Minister for Women and Child
Development, Govt. of India, is the Chairperson of the
Governing Board and the Executive Director of RMK acts
as Member Secretary. RMK meets all its administrative
and establishment expenditure from internal revenues
without depending on outside budgetary support.
A member of a Self Help Group financed by Rashtriya Mahila Kosh, at work.
Rashtriya Mahila Kosh 167