💨 Abstract

The Meghalaya cabinet has approved the establishment of the Pla Tangka Cooperative Society (PTCS) to strengthen the financial ecosystem for Self-Help Groups (SHGs) in the state. PTCS aims to provide easy access to funds for SHGs, eliminating lengthy loan application processes. The society will act as a financial intermediary, fostering grassroots entrepreneurship.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖