NAvodaya Self Help Group Scheme
In order to give undivided attention to rural credit and rural development projects the Bank took a pioneering step in introducing Navodhaya Self Help Group Scheme.
The main objectives of this scheme are:
To create awareness and provide basic education to rural women.
To inculcate savings habit and enable the rural poor to multiply the funds available with them and create an atmosphere conducive to mutual help and togetherness.
To identify and upgrade the skills available with the rural women in order to increase the level of income generation.
On a macro level, the Model is aimed at converting the rural area as producing centers instead of merely centers of consumption. Various training programmes have been arranged by NABARD etc.,to inculcate the awareness and implementation of this NAVODHAYA Self Help Group Scheme.
- Members of the Group:
They should belong to the economically backward community/family. They should be the resident of the same village. They should only pay a nominal sum of money towards membership fees and this will not be refunded under any circumstances.
One member can represent one family to become the member.
Any member can represent only one such Group, minimum and maximum age limit as fixed by the Scheme, as prescribed.
- To obtain the eligibility for the membership in group:
Each Group should contain minimum 10 members and maximum 20 members.
Self Help Group Scheme was introduced in the Bank on 01.07.1999. The scheme is named as “NAVODAYA SELF HELP GROUPS”.
For promotion and nurturing of Self Help Groups a separate SHG Cell consisting of 4 staff was also formed, with the jurisdiction of two taluks each. For monitoring and to give proper guidance for effective implementation of the scheme. SHG Nodal Officer is also appointed at Head Office level. Every week the SHG Cell staff members visit head office of the Bank to have solution to any problems faced and to submit progress report.
All the Branch Managers, field staff have been imparted SHG Training. Two one day taluk level training programmes are also arranged to PACS Managers with the faculty support from NABARD.
For proper implementation of the scheme all the 174 PACS Managers under the jurisdiction of our Bank have been in touch with SHG Scheme by arranging 8 Taluk wise training programmes with faculty support from NABARD, Bangalore.
For proper implementation and propagation of SHG Scheme and also to remove inferiority among rural poor mass thereby to gain self confidence a conference/seminar of SHG members was arranged at Sooral in Karkala on 29.1.2000. More than 8000 SHG members were present
at the seminar and to propagate the principles of SHG Scheme, skits, demonstrations, small dramas were arranged by SKDRDP and Staff members of the Bank. The programme was inaugurated by Padmabhooshan Rajashree Dr.D.Veerendra Heggde, Dharmadhikari of Sree Kshetra Dharmastala, Honourable Sri. D.K. Shiva Kumar, the then Co-operative Minister of Government of Karnataka was also present throughout the seminar to give proper guidance kit,
bags and writing account books were distributed to all the SHGS on behalf of the Bank.
Sri M.N. Rajendra Kumar, President of the Bank has taken more initiation in implementation of the scheme and he has distributed Areca Plants to each of the SHGS in his personal capacity.
SHG promoted by SKDRDP(R) of Shree Kshetra Dharmasthala i.e. “Pragathi Bandhu SHGS” are credit liked through the PACS since 1.1.2002.
All the 174 PACS in the District are viable and both the DCC Bank and the PACS are playing the role of Self Help Group promoting Institution (SHPI)
As at the end of 31.05.2006 16036 Navodaya SHGS are promoted by our Bank, at various PACS level and the total SHG promoted with the help of NGO’s at banks branches level and various PACS level accounts to 27268. Out of this 17558 are women SHGs. As at the end of 30.06.2006 12781 SHGs with an aggregate loan amount of Rs.4113.52 lakhs are credit linked. Out of them 8319 are women SHGs with aggregate loan amount of Rs.2837.80 lakhs.
The total credit linked SHGs accounting to 12781 includes 3034 Pragathi Bandhu SHGs promoted by SKDRDP (R) with as aggregate loan amount of 753.76 lakhs.
The interest rate charged to the SHG loan is only 10%, which seems to be lowest rate in the state. The rate of interest to PACS for refinance of SHG loan is only 9 %.
During the year 2006-07 an Action Plan is drawn for spreading the message of SHG Scheme to entire 2 Districts i.e. Dakshina Kannada and Udupi to promote 2000 new SHGS and ==== 2000 additional SHGS.