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e-Shakti is a pilot project of National Bank for Agriculture and Rural Development (NABARD) for digitisation of Self Help Groups (SHGs).
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It was initiated to address certain concerns like improving the quality of book keeping of SHGs and to enable banks to take informed credit decisions about the group through a Management Information System (MIS).
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The project covers 25 districts and 1,30,176 SHGs have been digitised as on 31st March, 2017.
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As per information compiled by NABARD, about 69,696 SHGs of the SHGs which have been digitised are credit linked as on 31st July, 2017.
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No SHG has been de-recognised on account of, or, after digitisation.
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The digitisation project does not impact the profit/ loss position of the SHGs.
Source:TH