Shillong, Feb. 25 -- The Self-Help group (SHG) membership in Meghalaya has risen from 40,000 women eight years ago to 5.8 lakh now, with credit flows up from under Rs 100 crore to today's levels, Chief Minister Conrad Sangma informed the assembly on Wednesday.
The number of SHGs in the state has grown from around 4,000-5,000 in 2018-19 to about 53,000 at present, covering nearly 90 per cent of households and mobilising close to Rs 1,100 crore in credit, he told the assembly during the Question Hour.
"A minimum of 10 to 15 women are required to form an SHG; there is no need to register," Sangma said, explaining that the Meghalaya State Rural Livelihoods Society (MSRLS) facilitates bank linkage.
SHGs members can access loans without collat...