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ITANAGAR, Feb 14: Deputy Commissioner Capital cum Administrator Itanagar Municipal Council, Prince Dhawan, distributed revolving funds to 31 SHGs and 1 Area Level Federations under SMEID Component scheme DAY-NULM today.
An amount of Rs.10,000 to each SHGs and Rs.50,000 to the ALF was distributed during the function. The Revolving Fund is a onetime handholding support given to SHGs and ALFs formed under NULM. The Fund is being given to the groups to support their Corpus and enable them to improvise their livelihood. The Revolving Fund was distributed through PFMS platforms to the respective accounts of SHGs and ALFs. DIPRO