NettetNABARD has been continuously focusing on bringing in various stakeholders on a common platform and building their capacities to take the initiatives forward. ... NettetJoint Liability Group. Joint Liability Group (JLG) is an informal group having 4-10 individuals with common purpose of availing bank loan on individual basis or through group mechanism against mutual guarantee. Normally, the members of a JLG would engage in a similar type of economic activity in the Agriculture and Allied Sector.
Joint Liability Group for Sustainable Development - YouTube
NettetNABARD has piloted Joint Liability Groups (JLGs) program during 2004-05 in eight states of the country with the help of 13 RRBs through the mechanism of joint liability … NettetNABARD introduced the concept of Joint Liability Groups (JLGs) in 2005 with the objective of augmenting collateral free institutional credit to landless farmers, share croppers, oral lessees, small & marginal farmers by piloting in 8 states with the help of 13 RRBs. It was mainstreamed in 2006- 07 with the inclusion of commercial banks. find e:/ on my computer
Comparing SHG and JLG Download Table - ResearchGate
NettetTo enable operation of joint liability mechanism, each member of JLG would ideally be provided equal amount of loan in each cycle so that each member of the group has … Nettet11. aug. 2024 · JAMMU: In order to give boost to flow of credit in UT of J&K, Memorandum of Understandings (MoUs) on Financing of 1000 Joint Liability Groups (JLGs) was signed and exchanged between NABARD, J&K ... Nettet21. feb. 2014 · CHANDIGARH: Rural development agency Nabard is to roll out a new concept called Joint Liability Group (JLG) to provide institutional credit to small farmers like share croppers, oral lessees and agricultural labourers. Conceived on the pattern of Self Help Groups (SHG), Nabard will provide refinance facility to banks for providing … find eoq