In a bid to empower rural women, Jharkhand State Livelihood Promotion Society (JSLPS) signed a Memorandum of Understanding (MoU) on Wednesday with HDFC Bank to provide credit linkage to Sakhi Mandals in the State.

Sakhi Mandals in the State will be benefited by coming forward of private sectors lenders for credit linkage to Sakhi Mandals, said Jharkhand State Livelihood Promotion Society (JSLPS) Chief Executive Officer (CEO), Nancy Sahay, Chief while the signing of MoU with HDFC Bank.

JSLPS under the Department of Rural Development is constantly trying to connect rural Women in the State with credit linkage. HDFC Bank is the first private bank to join the initiative of providing credit linkage to Sakhi Mandals in the State. The representatives of the bank talked about more help under the CSR item for the livelihood of Sakhi Mandals in the State in the coming days.

Under the Deendayal Antyodaya Yojana, , about 2.6 lakh Sakhi Mandals have been formed. Out of these, an amount of Rs 2000 crores has been made available to about 1.5 lakh Sakhi Mandals as credit linkage. This amount has been linked by the Government banks.