JAAGO is a scheme under Department of SHG&SE for supporting all the graded self-help groups of the State or SHGs accessing bank credit through a modest annual revolving fund support of Rs.5,000.00. This ‘no strings attached’ funding support is expected to give a boost to the empowerment of the groups. Known as Jaago, the project has a target to cover close to one million SHGs of the state.
The eligibility criteria are -
1. A groups received cash credit limit or term loan or
2. All graded groups or
3. All groups matching the following conditions
(i) 1 Year from formation of SHG or 6 months from opening of an account whichever is earlier an and
(ii) Minimum deposit of Rs. 5000/- in the account.