📷 Image: Wikimedia Commons / Michael Gäbler
Sarkari Yojana
Tamil Nadu Launches Interest Subsidy for Women Self‑Help Groups
✍️ The Times of India
🗓 05 Aug 2026, 08:03 PM
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The Tamil Nadu government has introduced a new interest subsidy scheme aimed at supporting women-led Self‑Help Groups (SHGs).
The Tamil Nadu government has announced a new interest subsidy scheme designed to assist women‑run Self‑Help Groups (SHGs). The initiative is part of the state’s broader effort to promote financial inclusion and empower women entrepreneurs.
Under the scheme, eligible SHGs will receive a subsidy on the interest paid on their loans, reducing the cost of credit and encouraging greater participation in formal financial services. While the exact subsidy rates and eligibility criteria have not yet been disclosed, officials say the program will target groups that meet the state’s existing SHG guidelines.
The launch was welcomed by women’s rights advocates who view the measure as a step toward closing the gender gap in access to credit. The government plans to roll out the scheme in phases, with a pilot programme expected to begin later this year.
Under the scheme, eligible SHGs will receive a subsidy on the interest paid on their loans, reducing the cost of credit and encouraging greater participation in formal financial services. While the exact subsidy rates and eligibility criteria have not yet been disclosed, officials say the program will target groups that meet the state’s existing SHG guidelines.
The launch was welcomed by women’s rights advocates who view the measure as a step toward closing the gender gap in access to credit. The government plans to roll out the scheme in phases, with a pilot programme expected to begin later this year.