Mokokchung, 4 September (MTNews): Nagaland Rural Bank organized the felicitation program of SHGs promoted by Nagaland State Rural Livelihood Mission (NSRLM) to commemorate the 77th Independence Day 2023 at Dr Imkongliba Ao Hall, Raj Bhavan Kohima on 4 September.
![SHGs](https://mokokchungtimes.com/wp-content/uploads/2023/09/Governor-SHGs.jpg)
In attendance were officials from the NSRLM and the Nagaland Rural Bank, representatives of SHGs, officials and staff of Raj Bhavan, a press release issued by PRO Raj Bhavan, Kohima said.
The Governor graced the occasion and extended his gratitude to the NRB for organising the event and for continuing the tradition of serving society in a unique and impactful way. He added that it was heartening to witness the bank’s dedication towards fostering self-reliance and empowerment among the citizens of Nagaland through its support to SHGs, facilitated by the NSRLM. “This initiative not only reflects the bank’s visionary approach but also aligns perfectly with the spirit of national development and prosperity,” he said.
He further said that such collaborations fosters a sense of community and shared responsibility and also said that the support of the Central Government, Nagaland State Government and the State Bank of India in sponsoring and nurturing this bank is a testament to the power of collaboration and collective progress.
The Governor also extended his best wishes to the SHGs that have been supported through this initiative. He commended their determination and perseverance and said that he has no doubt that their efforts will yield positive results not just for themselves but for the entire state.
The NRB sanctioned a cheque of rupees two crores twenty three lakhs and seventy four thousand. The loan was handed over by the Governor to the NSRLM Mission Director for the purpose of supporting the SHGs. The Governor also distributed sanction letters to the SHGs.
Joint secretary to Government of Nagaland & Mission Director, NSRLM Imtimenla, NCS conveyed the opening remarks and gave a detailed history about how a handful of rural women who came together to form SHGs in 2013 is today a vibrant 15900 SHGs managed by 1.30 Lakh rural women. She also revealed that many have become first generation rural entrepreneurs and that many youth who were given residential skill development are currently employed in various companies across the country.
Chairman of Nagaland Rural Bank (NRB), VV Narayana in his welcome address said that the NRB has sanctioned 120 SHGs loans, totaling to an amount of Rs 223.70 lakhs.
Imsunsangla, President of Grace SHG Dimapur shared her experience. The program was conducted by Chankimenla, NRB while the vote of thanks was pronounced by GM, NRB, Pemmichon Nakhedei.