Rural women in UP to get loan at three per cent

The government today announced that women belonging to the rural areas of Uttar Pradesh would get loan at the rate of three per cent from the cooperative banks, Cooperatives minister of UP, Shivpal Singh Yadav said here.
"With the help of Rashtriya Pichda Varg Vitt Vikas Nigam, UP Cooperative Rural Development Bank Limited will provide loan to rural women at the rate of three per cent under the mahila gramin samriddhi yojna," the senior Cabinet minister said.
"One woman would be able to get a loan of Rs 50 thousand to Rs one lakh from the bank", Yadav said.
He said that all the women coming to the bank for loan will get the same.

The cooperative banks, he added, was on the brink of closure during the BSP rule with the employees not getting salaries.
"Samajwadi Party government helped the bank with Rs 1,650 crores and the bank which was running into losses of Rs 204 crores was today in a profit of Rs 88 crores", he said.
Yadav alleged that after the state demanded aid for drought, the centre started survey and it was not known how much time would be lost in the name of survey work.
"Reports of crime are lodged in the SP government and cases are investigated while it was not the case during the previous government", he said to the questions on the rise of crime against women in Uttar Pradesh.