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Which state’s Rural Livelihoods Mission signed a Memorandum of Understanding (MoU) with North East Small Finance Bank (NESFB) to link the Self-Help Groups (SHGs) and Producer Groups/ Enterprises?
  • a)
    Nagaland 
  • b)
    Assam 
  • c)
    Manipur 
  • d)
    Tripura
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Which state’s Rural Livelihoods Mission signed a Memorandum of U...
Assam State Rural Livelihoods Mission (ASRLM) signed a Memorandum of Understanding (MoU) with North East Small Finance Bank (NESFB) to work in cohesion in support of Bank Linkage of the Self-Help Groups (SHGs) and Producer Groups/ Enterprises under ASRLM.
ASRLM is the first amongst all the State Livelihood Missions to initiate the signing of MoU with the new generation small finance banks.
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Most Upvoted Answer
Which state’s Rural Livelihoods Mission signed a Memorandum of U...
Assam
The Rural Livelihoods Mission in Assam signed a Memorandum of Understanding (MoU) with North East Small Finance Bank (NESFB) to link the Self-Help Groups (SHGs) and Producer Groups/ Enterprises. This partnership aims to provide financial assistance and support to these groups to enhance their livelihood opportunities and income generation activities.

Key Points:
- The collaboration between the Assam Rural Livelihoods Mission and NESFB will help in facilitating easy access to credit and financial services for SHGs and Producer Groups/ Enterprises in the state.
- The MoU will enable SHGs and Producer Groups/ Enterprises to avail financial support for various activities such as agriculture, animal husbandry, handicrafts, and other income-generating ventures.
- By linking these groups with NESFB, the aim is to strengthen the rural economy by promoting entrepreneurship and sustainable livelihoods among marginalized communities.
- This partnership will also focus on providing training and capacity building support to empower SHGs and Producer Groups/ Enterprises to manage their finances effectively and enhance their business skills.
In conclusion, the collaboration between Assam's Rural Livelihoods Mission and NESFB is a significant step towards promoting financial inclusion and economic empowerment among rural communities in the state.
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Which state’s Rural Livelihoods Mission signed a Memorandum of Understanding (MoU) with North East Small Finance Bank (NESFB) to link the Self-Help Groups (SHGs) and Producer Groups/ Enterprises?a)Nagalandb)Assamc)Manipurd)TripuraCorrect answer is option 'B'. Can you explain this answer?
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Which state’s Rural Livelihoods Mission signed a Memorandum of Understanding (MoU) with North East Small Finance Bank (NESFB) to link the Self-Help Groups (SHGs) and Producer Groups/ Enterprises?a)Nagalandb)Assamc)Manipurd)TripuraCorrect answer is option 'B'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Which state’s Rural Livelihoods Mission signed a Memorandum of Understanding (MoU) with North East Small Finance Bank (NESFB) to link the Self-Help Groups (SHGs) and Producer Groups/ Enterprises?a)Nagalandb)Assamc)Manipurd)TripuraCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which state’s Rural Livelihoods Mission signed a Memorandum of Understanding (MoU) with North East Small Finance Bank (NESFB) to link the Self-Help Groups (SHGs) and Producer Groups/ Enterprises?a)Nagalandb)Assamc)Manipurd)TripuraCorrect answer is option 'B'. Can you explain this answer?.
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