- Over Rs 11 lakh crore loans given to women Self-Help Groups (SHGs) under Deendayal Antyodaya Yojana & National Rural Livelihoods Mission (DAY-NRLM).
- Loan repayment rate is more than 98%, showing strong money management among women SHG members.
- Bank Sakhis and easy banking processes play key roles in improving rural women’s access to loans and financial services.
In a major boost to rural women’s empowerment, the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) has emerged as a transformative government scheme. Through this initiative, Self-Help Groups (SHGs) led by women across the country have received cumulative loans of over ₹11 lakh crore.
The scheme focuses on improving the financial independence of women in rural areas by providing continuous support, skill-based training, and simplified access to banking services. DAY-NRLM is playing a crucial role in reshaping the economic landscape of rural India and uplifting millions of women from poverty.
Financial Support Through DAY-NRLM Loans to Women SHGs
Through the DAY-NRLM scheme, more than Rs 11 lakh crore in loans have been given to women Self-Help Groups (SHGs) across the country. This big financial help gives rural women loans without needing collateral and with interest subsidies, helping them become financially independent. The loan repayment rate being over 98% shows the dedication and money discipline of SHG members.
Role of Bank Sakhis in Connecting Rural Women to Banks
A major reason behind DAY-NRLM’s success is the Bank Sakhis – trained women chosen from SHGs. These Bank Sakhis act as an important link between rural women and banks. They help SHG members with transactions, applying for loans, and filling out forms. They also spread awareness about other government schemes like insurance and pension plans, enabling women to access a wider range of financial help.
Easy Banking and Loan Repayment Systems
DAY-NRLM makes it easier by giving priority sector lending, which simplifies steps for rural women seeking loans. Linking bank accounts with Aadhaar and mobile numbers has increased clarity and made processes smoother. The program also supports the Community-Based Repayment Mechanism (CBRM), encouraging timely loan repayments and keeping the scheme successful by building accountability within SHGs.
How DAY-NRLM Helps Rural Women Gain Financial Independence
Besides financial support, DAY-NRLM sparks social and economic change. Programs like the Lakhpati Didi show how rural women are becoming entrepreneurs and leaders in their communities, gaining financial independence and contributing to the country’s growth.
How DAY-NRLM Supports Long-term Poverty Reduction
Started by the Ministry of Rural Development, DAY-NRLM is one of the biggest poverty reduction and financial inclusion efforts worldwide, focusing on women. The scheme’s success shows the power of trust, opportunities, and support systems built for women. As women lift themselves and their families, whole communities see progress and better livelihoods.
| Key Features | Details |
|---|---|
| Total Loans Given | Over Rs 11 lakh crore |
| Loan Repayment Rate | Above 98% |
| Key Helpers | Bank Sakhis (Rural Women Volunteers) |
| Linkages | Aadhaar and Mobile Number linked bank accounts |
| Supporting Program | Lakhpati Didi Program |
| Official Scheme Website | https://rural.gov.in/ |
If you are interested in supporting or benefiting from rural women’s empowerment, understanding DAY-NRLM will give you valuable insight. Women’s participation in financial activities through this scheme is changing the lives of thousands of rural households.