NABARD launches e-Shakti for SHG digitisation

  • e-Shakti is a pilot project of National Bank for Agriculture and Rural Development (NABARD) for digitisation of Self Help Groups (SHGs).

  • 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). 

  • The project covers 25 districts and 1,30,176 SHGs have been digitised as on 31st March, 2017.

  • 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.

  • No SHG has been de-recognised on account of, or, after digitisation. 

  • The digitisation project does not impact the profit/ loss position of the SHGs.


Leave a Reply